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SK Bioscience Inks Deal to Cooperate with CEPI on Developing mRNA Vaccines

SK Bioscience Inks Deal to Cooperate with CEPI on Developing mRNA Vaccines

SEOUL, Oct. 25 (Korea Bizwire) — South Korean drugmaker SK Bioscience Co. said Tuesday it has signed a deal to join hands with the Coalition for Epidemic Preparedness Innovations (CEPI) to develop messenger RNA (mRNA) vaccines. Under the agreement, SK Bioscience will receive US$140 million for the project from CEPI, an Oslo-based international public-private partnership, [...]

Samsung’s De Facto Leader Lee Attends Opening Ceremony of Samsung Biologics’ Fourth Plant

Samsung’s De Facto Leader Lee Attends Opening Ceremony of Samsung Biologics’ Fourth Plant

SEOUL, Oct. 11 (Korea Bizwire) — Samsung Group’s de facto leader Lee Jae-yong on Tuesday attended the opening ceremony of the fourth plant of Samsung Biologics Co., the biotech arm of South Korea’s Samsung Group, in a sign of the group’s dedication to nurture biopharmaceuticals as one of its next growth drivers. The plant, which [...]

Celltrion Receives Approval to Sell Anticancer Biosimilar Vegzelma in Japan

Celltrion Receives Approval to Sell Anticancer Biosimilar Vegzelma in Japan

SEOUL, Sept. 27 (Korea Bizwire) — South Korean biopharmaceutical firm Celltrion Inc. said Tuesday it has received approval to sell its anticancer biosimilar Vegzelma in Japan. According to the company, Japan’s Ministry of Health, Labor and Welfare recently approved the sale of the biosimilar, also known as CT-P16, which referenced Switzerland-based Roche Holding’s blockbuster pill [...]

Kakao Enterprise Develops AI Chatbot for Medical Examinations

Kakao Enterprise Develops AI Chatbot for Medical Examinations

SEOUL, Sept. 7 (Korea Bizwire) — Kakao Enterprise Corp., an artificial intelligence (AI) unit of the mobile messenger operator Kakao Corp., said Tuesday it had joined hands with Kangbuk Samsung Hospital to jointly develop a medical examination-assisting guide bot based on its AI chatbot Kakao i Connect Talk. The development of a medical examination-assisting chatbot [...]

S. Korean AI Healthcare Startups Building Strong Track Records

S. Korean AI Healthcare Startups Building Strong Track Records

SEOUL, Sept. 6 (Korea Bizwire) — South Korea’s artificial intelligence (AI)-based medical equipment startups are establishing solid track records, playing a leading role in the digital healthcare market. A medical AI solution firm VUNO Inc., for instance, recently acquired licenses from the health authorities of Saudi Arabia and Thailand for its AI-based chest X-ray image [...]

SK Bioscience’s SKYCovione Proven Effective Against Omicron Virus Subvariants as Booster Shot

SK Bioscience’s SKYCovione Proven Effective Against Omicron Virus Subvariants as Booster Shot

SEOUL, Sept. 2 (Korea Bizwire) — SKYCovione, South Korea’s first homegrown COVID-19 vaccine developed by SK Bioscience Co., has been proven to be effective against coronavirus omicron subvariants when administered as a booster shot, a state-run research center said Friday. The Center for Infectious Disease Research (CIDR) said it has confirmed through research SKYCovione’s efficacy [...]

S. Korean Biotech Firms Increase Nanomedicine-Related Investment and Research Efforts

S. Korean Biotech Firms Increase Nanomedicine-Related Investment and Research Efforts

SEOUL, Aug. 30 (Korea Bizwire) — South Korea’s pharmaceutical and biomedical companies are doubling down on nanomedicine-related investment and research efforts. The Life Science Fund, created jointly by Samsung C&T Corp. and Samsung Biologics Co., decided to invest 19 billion won (US$14 million) in U.S.-based biotech firm Senda Biosciences Inc. last week. Senda possesses the [...]

Samsung Medical Center Introduces AR-based Home Training Program for Rehab of Stroke Patients

Samsung Medical Center Introduces AR-based Home Training Program for Rehab of Stroke Patients

SEOUL, Aug. 23 (Korea Bizwire) — Samsung Medical Center, one of South Korea’s top general hospitals, said Monday it had introduced a home training program based on augmented reality (AR) technology for the rehabilitation of stroke patients. The program uses a sensor attached to an AR monitor installed in patients’ homes. The sensor automatically checks [...]