Fast Track designation granted for investigational TEV-53408, an anti-IL-15 antibody Designation underscores the potential of TEV-53408, currently undergoing a Phase 2a study for the treatment of celiac disease Candidate demonstrates Teva’s commitment to bringing important new treatment options to underserved patient populations TEL AVIV, Israel, May 27, 2025 (Korea Bizwire) – Teva Pharmaceutical Industries, Ltd. [...]
TEL AVIV, Israel, May 27, 2025 (Korea Bizwire) – Teva Pharmaceutical Industries Ltd. (NYSE and TASE: TEVA) today announced that members of its executive management team will present at two upcoming investor conferences in June as follows: Jefferies Global Healthcare Conference Chris Fox, EVP U.S. Commercial and Dr. Eric Hughes, EVP Global R&D and Chief Medical [...]
New partnership empowers offshore connectivity innovator to deliver cloud-native 5G services – including enhanced mobile broadband, URLLC and mMTC READING, United Kingdom, May 27, 2025 (Korea Bizwire) – Mavenir, the cloud-native network infrastructure provider, today announced that it has been selected as a key technology partner by Tampnet – a global leader in offshore, high-capacity, [...]
SEOUL, May 27 (Korea Bizwire) — South Korea’s youth population is shrinking at a rapid pace due to declining birth rates, even as the number of students from multicultural backgrounds continues to rise, according to the Ministry of Gender Equality and Family’s annual Youth Statistics 2025 report released Tuesday. As of this year, the youth population [...]
Smith+Nephew (LSE:SN, NYSE:SNN), the global medical technology company, has been selected to provide its RENASYS◊ TOUCH Negative Pressure Wound Therapy (NPWT) Systems under a single award, 10-year* contract for up to $75 million by the U.S. Department of Defense (DoD) through the Defense Logistics Agency (DLA). The RENASYS TOUCH NPWT System demonstrated clinical efficacy,1,2,3,4 and operational fitness [...]
ULSAN, South Korea, May 27 (Korea Bizwire) — A pair of prehistoric rock art sites in Ulsan, revered for capturing scenes of early Korean life, are set to join UNESCO’s World Heritage list following a key recommendation from the International Council on Monuments and Sites (ICOMOS). ICOMOS, the official advisory body to the UNESCO World Heritage [...]
SEOUL, May 26 (Korea Bizwire) — Kim Hyun-suk, former executive of South Korean tech giant Samsung Electronics Co., has been appointed as the new head of the government’s research and development (R&D) strategy division for industry and energy sectors, the industry ministry said Tuesday. Kim will lead the R&D strategy planning division under the Ministry [...]
SEOUL, May 26 (Korea Bizwire) — Hanwha Systems Co. said Tuesday it has been selected as the developer of a multifunction radar (MFR) prototype for South Korea’s next-generation long-range surface-to-air missile (L-SAM) defense system. The company said it has won a 54.7 billion-won (US$40 million) contract from the state-run Agency for Defense Development to develop [...]
SEOUL, May 26 (Korea Bizwire) — South Korea’s top 30 conglomerates are increasingly choosing people with a business background over former prosecutors or professors as their outside directors, industry data showed Tuesday. According to data from corporate tracker Leaders Index, 239 listed units of the country’s top 30 conglomerates by assets hired 152 new outside [...]
SEOUL, May 27 (Korea Bizwire) — A renewed push by U.S. President Donald Trump to impose a sweeping 25% tariff on all foreign-made smartphones, including Samsung’s Galaxy lineup, is stirring deep concern at the South Korean tech giant. The proposed tariffs, expected to take effect as early as next month, are part of Trump’s broader strategy [...]