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Sandoz launches first and only interchangeable denosumab biosimilars in US, providing new affordable treatment options for over 10 million patients

Ad-hoc announcement pursuant to art. 53 SIX Swiss Exchange Listing Rules WYOST® (denosumab-bbdz) and Jubbonti® (denosumab-bbdz) are first and only FDA-approved interchangeable denosumab biosimilars available in US Improves access for patients living with osteoporosis and cancer-related skeletal events in US and enhances US biosimilar portfolio Builds on established experience and leadership in oncology and immunology [...]

Silver Consumers, Furry Friends: Aging Koreans Fuel Pet Care Boom

SEOUL, June 2 (Korea Bizwire) — Spending on pet care services and products in South Korea has surged by 30% over the past three years, with the fastest growth driven by consumers aged 60 and older, according to a new report released by KB Kookmin Card. The analysis, based on 24.85 million card transactions by 3.54 [...]

Koreans Are Spending Less Across All Age Groups, New Report Finds

SEOUL, June 2 (Korea Bizwire) — South Koreans are spending a smaller share of their income than they did a decade ago, signaling deeper shifts in household behavior amid demographic and economic changes, according to a new report released by the Korea Chamber of Commerce and Industry (KCCI). The report, titled “Changes in Consumption Propensity by [...]

KAIST Study Links High-Salt Diet to Aggressive Brain Tumor Growth via Gut Microbiome

DAEJEON, South Korea, June 2 (Korea Bizwire) – A team of researchers at the Korea Advanced Institute of Science and Technology (KAIST) has uncovered compelling evidence that a high-salt diet may accelerate the progression of brain tumors by disrupting gut microbiota and altering metabolic signaling pathways. In findings published on May 22 in the Journal of [...]

Korea’s Virtual High Schools Expand Access to Specialized Courses Amid Education Reform

INCHEON, June 2 (Korea Bizwire) – In a modest classroom in Incheon’s Bupyeong District, a teacher peered at a monitor, offering pronunciation tips to a group of high school seniors located nearly 200 kilometers away on Baengnyeong Island. The students, otherwise unable to access a Japanese language class due to teacher shortages, followed intently from their [...]

South Korean Workers Still Face Discrimination Over Parental Leave, Watchdog Warns

SEOUL, June 2 (Korea Bizwire) – Despite legal protections for maternity and parental leave in South Korea, new data reveals that many workers—particularly non-regular employees—continue to face pressure and retaliation for attempting to exercise these rights. The labor advocacy group Gapjil 119 on Sunday disclosed 58 cases of workplace mistreatment related to childbirth and parenting over [...]

Hyundai and Kia Touted as Top Contenders to Replace Tesla in EV Market

SEOUL, June 2 (Korea Bizwire) — As Tesla’s dominance in the global electric vehicle (EV) market continues to falter, U.S.-based automotive outlet Electrek has named Hyundai and Kia as the most viable alternatives to the American EV giant, citing their competitive models and technological edge. In a recent analysis, Electrek highlighted Hyundai’s Ioniq 6 and Kia’s [...]

Korean Researchers Use Satellite Data and AI to Track Photosynthesis in Real Time

Ulsan, South Korea, June 2 (Korea Bizwire) – A research team at the Ulsan National Institute of Science and Technology (UNIST) has developed a cutting-edge artificial intelligence model capable of predicting how much carbon plants absorb through photosynthesis on an hourly basis—a breakthrough expected to enhance carbon monitoring and ecosystem modeling. Led by Professor Lim Jeong-ho [...]

LG Unveils AI-Powered Air Conditioner with Radar Sensing and Energy-Saving Features

SEOUL, June 2 (Korea Bizwire) — LG Electronics announced the launch of its latest Whisen AI System Air Conditioner, equipped with advanced radar sensors and upgraded artificial intelligence (AI) capabilities designed to enhance comfort, energy efficiency, and user experience in both residential and commercial settings. The new model features an “AI Wind” function that autonomously analyzes [...]

LG Energy Solution Begins Mass Production of LFP Batteries for Energy Storage at Michigan Plant

SEOUL, June 1 (Korea Bizwire) — LG Energy Solution has commenced mass production of lithium iron phosphate (LFP) batteries for energy storage systems (ESS) at its plant in Holland, Michigan, becoming the first major global battery manufacturer to operate a large-scale ESS LFP production line in the United States. The new batteries are long-cell-based, pouch-type LFP [...]