SEOUL, July 19 (Korea Bizwire) – Moderna Inc., a U.S. biotech company specializing in messenger RNA (mRNA) coronavirus vaccines, is committed to making its new bivalent vaccine candidate available next month, which reportedly demonstrates a superior antibody response against omicron variants. The company announced in June that the new bivalent coronavirus booster candidate, named mRNA-1273.214, [...]
SEOUL, July 18 (Korea Bizwire) — Samsung Biologics Co., the biotech arm of South Korea’s Samsung Group, on Monday signed a land purchase contract worth 426 billion won (US$323 million) to build a second campus inside a free economic zone west of Seoul. The deal signed between Incheon metropolitan city and Samsung Biologics would allow [...]
SEOUL, July 18 (Korea Bizwire) — The incidence of Alzheimer’s disease picks up from the age of 69 in South Korea, a study showed Sunday. Researchers at Gangnam Severance Hospital analyzed the current state of Alzheimer’s incidence among the South Korean population over 40 years of age during the period from 2006 to 2015 using [...]
SEOUL, July 14 (Korea Bizwire) — Public awareness commercials produced by the South Korean government have inadvertently contributed to the Korean wave. The Ministry of Health and Welfare said Wednesday that two of the country’s anti-smoking advertisements will be remade in Vietnam, following requests from the World Health Organization (WHO) office in Vietnam and the [...]
SEOUL, July 14 (Korea Bizwire) — SK Biopharmaceuticals Co., a biopharmaceutical affiliate of South Korea’s SK Group, said Thursday it has signed a deal with Eurofarma Laboratorios SA to develop and commercialize its anti-epileptic drug Cenobamate in 17 Latin American countries. Under the deal, SK Biopharmaceuticals will receive an upfront payment of US$62 million and [...]
SEOUL, July 11 (Korea Bizwire) — Johnson & Johnson (J&J) MedTech Korea, the South Korean unit of U.S. pharmaceutical giant J&J SA’s medical devices affiliate, plans to hold discussions on deregulation in the area of bio research with the new Seoul administration under President Yoon Suk-yeol, its country general manager said Monday. The announcement by [...]
SEOUL, July 11 (Korea Bizwire) — South Korean drug companies and biotech firms are stepping up to advance environmental, social, and governance (ESG) management following the coronavirus pandemic and concerns over global warming. SK Bioscience Co. said in its ESG report published last month for the first time since its establishment that it had generated [...]
SEOUL, July 8 (Korea Bizwire) — SD Biosensor Inc., a South Korean developer of COVID-19 test kits, said Friday it will acquire U.S. diagnostic kit maker Meridian Bioscience Inc. for about 2 trillion won (US$1.53 billion) in an effort to bolster its overseas operations. Through a consortium formed with SJL Partners LLC, a private equity [...]
SEOUL, July 7 (Korea Bizwire) — More than 40 percent of North Koreans are undernourished, a U.N. report showed Thursday amid concerns of food security in the impoverished country. According to the State of Food Security and Nutrition in the World 2022 report co-published by U.N. agencies, including the Food and Agriculture Organization, the U.N. [...]
SEOUL, July 6 (Korea Bizwire) — Two of South Korea’s biggest hospitals plan to develop an artificial intelligence (AI)-based platform to ensure early detection and diagnosis of autism spectrum disorder (ASD) for infants. A consortium formed by Seoul National University Hospital and Severance Hospital was selected as the lead organization for the development of ASD [...]