Heakth

Celltrion’s Rituxan biosimilar wins European approval

South Korea’s Celltrion announced Wednesday that the European Medicines Agency has granted sales approval to Truxima, its biosimilar drug referencing Roche’s blockbuster lymphatic cancer drug Rituxan. Truxima is the first ever Rituxan (rituximab) biosimilar to be approved by the European drug regulator, as well as the first ever Europe-approved biosimilar monoclonal antibody used to target cancer. Biosimilars are cheaper, near replicas of living cell-based biologic drugs whose patents have expired. The recent emergence of these alternative drugs have begun to threaten [...]

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Korea's homegrown drug set to post record sales

Annual sales of a diabetes drug manufactured by LG Life Sciences Ltd., the pharmaceuticals unit of South Korea’s LG Group, are likely to exceed 50 billion won ($44.9 million) this year, the drug firm said Wednesday. It would mark the first time for the annual sales of a single homegrown drug to breach the 50 billion-won mark. The combined sales of Zemiglo , which was approved as the nation’s 19th new drug in 2012, and its composite drug Zemimet came to [...]

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Korea to buttress biological medicine, cosmetics exports

As part of efforts to boost the local biopharmaceutical industry and exports, the Ministry of Food and Drug Safety announced Tuesday that it will shorten the review process of biologics for rare and incurable diseases so they can be approved and distributed for sale overseas as quickly as possible. A biopharmaceutical, simply known as a biologic, is any medical product extracted from or manufactured with biological sources. Examples of biologics include gene therapy, allergenic products, vaccines and blood components. Currently, there [...]

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Hwayo soju heads to Hong Kong

Premier Korean liquor brand Hwayo is now available in Hong Kong at celebrity chef Judy Joo’s newly opened contemporary Korean restaurant, Jinjuu. The Korean-American “Iron Chef” winner Joo celebrated the grand opening of her restaurant on Tuesday in Central Hong Kong’s California Tower, where she will be serving up Korea’s top-shelf Hwayo soju. Offering a modern twist on traditional and modern Korean food, the chef opened up her flagship Jinjuu restaurant at London’s Kingly Court in January this year, where she [...]

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One-third of Koreans overweight, many not trying to slim down

Roughly a third of adult South Koreans were overweight in 2014, with many not even trying to lose weight, government data showed Monday. The 2014 national health data by the Korea Centers for Disease Control and Prevention showed 31.5 percent of people over 19 were categorized as being obese, with a body mass index of 25 kilograms per square meter or more. BMI takes into account weight, height and body fat of an individual. Of overweight people, 63.5 percent took steps to [...]

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