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    US urged to respect Korea's position amid US-China chip war

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Mon, May 29, 2023 | 07:57
SK bioscience to develop antiviral nasal spray
SK bioscience to develop antiviral nasal spray
SK bioscience, a biotech affiliate of SK Group, said Wednesday that it will develop a spray-type antiviral drug, with research funds provided by the Bill & Melinda Gates Foundation, a private foundation.
Lee Kyung-min | 2022-04-14 09:03
Medytox takes patent fight with Hugel to USITC
Medytox takes patent fight with Hugel to USITC
Another patent war among domestic botulinum toxin (BTX or Botox) makers has broken out after Medytox accused its local competitor, Hugel, of stealing its BTX strains, filing a lawsuit with the United States International Trade Commission (USITC), according to company officials, Tuesday.
Baek Byung-yeul | 2022-04-05 16:47
Samsung Biologics eyes global market with acquisition of Samsung Bioepis: CEO
Samsung Biologics eyes global market with acquisition of Samsung Bioepis: CEO
Samsung Biologics, the biotech arm of Korea's Samsung Group, aims to expand its presence in the global market through full ownership of Samsung Bioepis, its chief executive said Tuesday.
2022-03-29 15:35
Regulator fines 3 Celltrion firms 13 bln won for violating accounting rules
Regulator fines 3 Celltrion firms 13 bln won for violating accounting rules
South Korea's financial regulator said Wednesday that it has fined three companies of pharmaceutical giant Celltrion a combined 13 billion won (US$10.5 million) for violating accounting rules.
2022-03-16 19:26
GL Rapha declines to halt Russian vaccine production in Korea
GL Rapha declines to halt Russian vaccine production in Korea
GL Rapha, one of the Korean manufacturers of Russia's Sputnik V and one-shot Sputnik Light coronavirus vaccines, has reaffirmed that it will continue producing and exporting the vaccines. The move contrasts with Huons Global, which decided recently to halt production of the Russian vaccines in Korea.
Park Jae-hyuk | 2022-03-11 14:12
Korea on right track, but long way to go to becoming vaccine hub
Korea on right track, but long way to go to becoming vaccine hub
Samsung Biologics, SK Bioscience and other biotech companies here are expanding their vaccine development and manufacturing capabilities, as the COVID-19 pandemic has highlighted the importance of having vaccine sovereignty, according to company officials Tuesday. Korea had a hard time securing COVID-19 vaccines when they were first available because the nation was at the mer...
Baek Byung-yeul | 2022-03-08 13:27
Ex-Beckman Coulter executive to lead Seegene's US office
Ex-Beckman Coulter executive to lead Seegene's US office
Richard S. Creager, a former chief science officer of U.S.-based medical diagnostics company Beckman Coulter, was appointed as CEO of Korean diagnostics company Seegene's U.S. subsidiary.
Baek Byung-yeul | 2022-03-03 14:25
Sputnik vaccine manufacturers in Korea wary of Russia sanctions
Sputnik vaccine manufacturers in Korea wary of Russia sanctions
Korea's contract development and manufacturing organizations (CDMOs) are facing concerns about a potential setback in their production of the Sputnik V and one-shot Sputnik Light vaccines against COVID-19, after the U.S. and the European Union began imposing tougher financial sanctions against Russia over its invasion of Ukraine.
Park Jae-hyuk | 2022-02-25 14:24
  • Escalating Ukraine crisis to weigh further on Korean exporters
Celltrion 2021 net soars 20% on robust overseas sales
Celltrion 2021 net soars 20% on robust overseas sales
Celltrion said Wednesday that its net profit jumped 20.1 percent year-on-year last year on the back of robust sales of its biosimilar products in overseas markets.
2022-02-16 14:59
HLB's US affiliate Verismo sets up Asia headquarters in Korea
HLB's US affiliate Verismo sets up Asia headquarters in Korea
Verismo Therapeutics, a new drug development company based in the U.S., established its Asia branch in Korea as part of its plan to facilitate clinical trials of its anti-cancer drug platform in the Asia region, the Korean biotech company HLB said Tuesday.
Baek Byung-yeul | 2022-02-15 17:16
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Top 10 Stories
1ChatGPT: boon or bane for banking industry? ChatGPT: boon or bane for banking industry?
2Man arrested for opening airplane emergency exit during flightMan arrested for opening airplane emergency exit during flight
3Korea walks fine line between US, China in chip warKorea walks fine line between US, China in chip war
4Labor unions seek to attract migrant workers at shipyards Labor unions seek to attract migrant workers at shipyards
5Jeju-based shamanism researcher documents connection between humans, crows Jeju-based shamanism researcher documents connection between humans, crows
6Hyundai Steel receives EPD certification for low-carbon H-beam products Hyundai Steel receives EPD certification for low-carbon H-beam products
7POSCO named sustainability champion for 2nd consecutive year POSCO named sustainability champion for 2nd consecutive year
8[RAS KOREA] Preserving memories at Cheongju City Archives RAS KOREAPreserving memories at Cheongju City Archives
9Half of medical tourists visiting Korea inspired by K-culture Half of medical tourists visiting Korea inspired by K-culture
10Gov't moves to assist 3,400 Koreans stranded in typhoon-hit GuamGov't moves to assist 3,400 Koreans stranded in typhoon-hit Guam
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