Korea Bizwire, Author at Be Korea-savvy | Page 154 of 184
Rising Unit Costs, Not Patient Visits, Drive Korea’s Health Insurance Spending Surge, Study Finds

Rising Unit Costs, Not Patient Visits, Drive Korea’s Health Insurance Spending Surge, Study Finds

SEOUL, April 22, (Korea Bizwire) — South Korea’s per capita health insurance spending rose by 28% over the past decade, driven largely by higher treatment costs rather than more frequent medical visits, according to a report released Monday by the Korea Development Institute (KDI). The report, titled “Factors Behind Health Insurance Spending Growth and Policy [...]

Biosimilar Competition and Patent Expirations Top Concerns for Global Pharma Leaders, Survey Finds

Biosimilar Competition and Patent Expirations Top Concerns for Global Pharma Leaders, Survey Finds

SEOUL, April 22, (Korea Bizwire) — Intensifying competition from biosimilars and the looming expiration of lucrative drug patents have emerged as the foremost concerns for global pharmaceutical, biotech, and medical device companies, according to a 2025 report by Deloitte Korea. The report, titled “Five Key Challenges for the Global Pharmaceutical and Biotech Industry in 2025,” [...]

LG Display Launches In-House AI Assistant to Boost Workplace Productivity

LG Display Launches In-House AI Assistant to Boost Workplace Productivity

SEOUL, April 21, (Korea Bizwire) — LG Display announced Monday that it has developed and deployed its own artificial intelligence assistant — the first of its kind in the display industry — to streamline internal workflows and improve productivity. The AI assistant service, which debuted in early 2025, is designed to support individual productivity through [...]

U.N. Aviation Agency Voices Grave Concerns Over N. Korea’s GPS Signal Jamming

U.N. Aviation Agency Voices Grave Concerns Over N. Korea’s GPS Signal Jamming

SEOUL, April 21 (Korea Bizwire) — The U.N. aviation agency has voiced grave concerns over North Korea’s recent jamming of GPS navigation signals and called for measures to prevent a recurrence, the South Korean foreign ministry said Monday. During its latest council session held in Montreal, Canada, from March 10 to April 4, the International [...]

LG Electronics Launches ‘MyCup’ Tumbler Washer in New B2B Subscription Push

LG Electronics Launches ‘MyCup’ Tumbler Washer in New B2B Subscription Push

SEOUL, April 21, (Korea Bizwire) —  LG Electronics marked Earth Day 2025 with the launch of MyCup, a compact tumbler washer designed for commercial use, as part of the company’s broader push into business-to-business (B2B) subscription services and sustainable innovation. Unveiled on April 21, MyCup integrates LG’s advanced dishwashing technologies — including those from its [...]

Zymeworks Appoints Dr. Sabeen Mekan as Senior Vice President, Clinical Development

Zymeworks Appoints Dr. Sabeen Mekan as Senior Vice President, Clinical Development

VANCOUVER, British Columbia, April 21, 2025 (Korea Bizwire) — Zymeworks Inc. (Nasdaq: ZYME), a clinical-stage biotechnology company developing a diverse pipeline of novel, multifunctional biotherapeutics to improve the standard of care for difficult-to-treat diseases, including cancer, inflammation, and autoimmune disease, today announced that Sabeen Mekan, M.D., has been appointed as Senior Vice President, Clinical Development. [...]