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Silence Therapeutics and Mallinckrodt Announce Collaboration to Develop and Commercialize RNAi Therapeutics for Complement-mediated Diseases

Silence Therapeutics and Mallinckrodt Announce Collaboration to Develop and Commercialize RNAi Therapeutics for Complement-mediated Diseases

LONDON and STAINES-UPON-THAMES, United Kingdom, Jul. 18 (Korea Bizwire) — Mallinckrodt plc (NYSE: MNK), a global biopharmaceutical company, and Silence Therapeutics plc (LON: SLN), a leader in the discovery, development and delivery of novel RNA2 interference (RNAi) therapeutics for the treatment of serious diseases, today announced a collaboration that will allow the companies to develop [...]

Drugmakers’ Technology Exports Reach 5.3 tln Won in 2018

Drugmakers’ Technology Exports Reach 5.3 tln Won in 2018

SEOUL, Jan. 22 (Korea Bizwire) — Exports of drug-manufacturing technologies by South Korean pharmaceutical and bio companies reached nearly 5.3 trillion won (US$4.7 billion) in 2018 thanks to their efforts to tap into overseas markets, government data showed Tuesday. According to the data by the Ministry of Health and Welfare, industry player Yuhan Corp. and [...]

S. Korean Pharmaceutical Companies Establishing Foothold in Boston, World’s Largest Bio-Cluster

S. Korean Pharmaceutical Companies Establishing Foothold in Boston, World’s Largest Bio-Cluster

SEOUL, Jan. 14 (Korea Bizwire) — According to the pharmaceutical industry on January 13, major South Korean biopharmaceutical companies including Yuhan Corp. and LG Chem Ltd. are building a foothold in Boston. The plan is to use city, the world’s largest bio-cluster, as a base for open innovation. Yuhan has already established a legal entity [...]

Police Record Largest-Ever Bust of Drugs Smuggled into S. Korea

Police Record Largest-Ever Bust of Drugs Smuggled into S. Korea

SEOUL, Oct. 15 (Korea Bizwire) – South Korean police said Monday they have busted the largest-ever operation to smuggle drugs into the country, a scheme they say involves Taiwanese and Japanese organized crime rings and Korean dealers. Six people were arrested in the attempted trafficking of 112 kilograms of methamphetamine, an amount that is enough to be [...]

South Korean Teenagers Exposed to Dangers of Vietnamese Drug Balloons

South Korean Teenagers Exposed to Dangers of Vietnamese Drug Balloons

SEOUL, Oct. 10 (Korea Bizwire) — Narcotics known as “happy balloons” are being exposed to South Korean teenagers without any discretion, and regulative measures are being called for. Happy balloons are filled with nitrous oxide that cause hallucinations. In South Korea, inhaling nitrous oxide or possessing, selling, or providing it for inhalation purposes can result [...]

American Drug Prices Could Spike Following FTA Renegotiation

American Drug Prices Could Spike Following FTA Renegotiation

SEOUL, Mar. 27 (Korea Bizwire) – Concerns are growing after media outlets reported that the price of new drugs developed in the U.S. could spike as a result of a renegotiated free trade agreement. According to the Ministry of Trade, Industry and Energy, South Korea agreed to revise its pharmaceutical pricing and reimbursement policy to give [...]

CBT Pharmaceuticals to Grow Immuno-Oncology Pipeline by License Agreement of CrownBio CTLA-4 Antibody

CBT Pharmaceuticals to Grow Immuno-Oncology Pipeline by License Agreement of CrownBio CTLA-4 Antibody

SAN DIEGO, Mar. 22 (Korea Bizwire) — Crown Bioscience, a wholly-owned subsidiary of Crown Bioscience International (TWSE:6554) and a global drug discovery and development services company providing translational platforms to advance oncology, inflammation, cardiovascular and metabolic disease research, announced today a strategic licensing agreement with CBT Pharmaceuticals (CBT), a U.S. and China-based innovative biopharmaceutical company committed [...]

Methamphetamine Concentration in Wastewater Near Beaches Doubles in the Summer

Methamphetamine Concentration in Wastewater Near Beaches Doubles in the Summer

SEOUL, Aug. 5 (Korea Bizwire) — A research team at Pusan University recently reported the results of an investigation into the presence of drug residue at three sewage treatment plants near popular beaches. Various drugs, including methamphetamine, were detected in sewage treatment plants near well-known beaches popular among vacationers. The research findings revealed that the [...]