SEOUL, Jan. 12 (Korea Bizwire) – The science ministry plans to launch a joint committee with the budget ministry to coordinate planning for the country’s research and development (R&D) budget, according to officials Monday. The move is aimed at enhancing efficiency and consistency in drawing up R&D budget plans, according to the Ministry of Science [...]
SEOUL, Jan. 12 (Korea Bizwire) – Ordering a temporary suspension of business operations at e-commerce giant Coupang Corp. may be possible, the head of South Korea’s antitrust watchdog said Monday, amid an ongoing investigation over a recent large-scale data breach at the U.S.-listed company. “If an order is not implemented or if it is deemed [...]
SEOUL, Jan. 12 (Korea Bizwire) -- Netflix’s hit animated film “KPop Demon Hunters” clinched two prizes at the Golden Globes, taking home best animated feature and best original song. Directed by Korean Canadian filmmaker Maggie Kang, “KPop Demon Hunters” was awarded Best Motion Picture, Animated, at the 83rd annual Golden Globes held Sunday (U.S. time) [...]
Chua will spearhead Health-ISAC’s expansion into the APAC region, enhancing cybersecurity and resilience in the global health sector SINGAPORE, Jan. 11, 2026 (Korea Bizwire) – Health Information Sharing and Analysis Center (Health-ISAC) is pleased to announce the appointment of Paul Chua as its new Asia Pacific (APAC) Operations Director. In this pivotal role, Mr. Chua [...]
Positive Phase 3 HERIZON-GEA-01 results for Ziihera® (zanidatamab-hrii) in first-line HER2-positive (HER2+) gastroesophageal adenocarcinoma (GEA) presented at ASCO GI Up to $440.0 million in milestone payments eligible to be earned related to regulatory approvals of Ziihera in GEA in the United States, Europe, Japan, and China Company well-positioned to execute new strategy compounding long-term value by integrating royalty [...]
Richard Francis, Teva’s President and CEO, will present at the 44th Annual J.P. Morgan Healthcare Conference on Tuesday, January 13, 2026, at 8:15 A.M. Pacific Time (11:15 A.M. Eastern Time) TEL AVIV, Israel, Jan. 11, 2026 (Korea Bizwire) – Teva Pharmaceutical Industries Ltd. (NYSE and TASE: TEVA) will present its ongoing transformation and expected growth trajectory [...]
Royalty Pharma to provide up to $500 million, including $75 million for Phase 2b funding and a Royalty Pharma option for an additional $425 million to support Teva’s anti-IL-15 candidate TEV-‘408 TEV-‘408 is currently in Phase 1b for treatment of vitiligo and in Phase 2a for celiac disease Funding agreement supports Teva’s Pivot to Growth [...]
SEOUL, Jan. 12 (Korea Bizwire) — Samsung Electronics is on the verge of forming its first-ever majority labor union, as membership in its cross-company union has surged amid persistent employee dissatisfaction over performance-based pay, despite the company’s record profits. According to industry sources on Jan. 11, membership in the Samsung Electronics branch of the cross-company union [...]
SEOUL, Jan. 12 (Korea Bizwire) — South Korea’s ambitious push to develop a homegrown artificial intelligence foundation model has become mired in controversy even before its first round of selections is announced, exposing deep divisions within the country’s AI industry over what truly constitutes technological independence. The government-led “Sovereign AI Foundation Model” project, launched to reduce [...]
SEOUL, Jan. 12 (Korea Bizwire) — Women in South Korea who leave the workforce due to pregnancy, childbirth or caregiving face persistent economic penalties when they return to work, with four in 10 earning less than before their career break, according to a new study released on Sunday. The report, published by the Seoul Foundation of [...]