Experts See Positive Future For South Korean Biomedicine
This article was originally published in PharmAsia News
Executive Summary
Biomedical experts in South Korea believe the outlook for the future of the biotechnology industry in the country is a positive one. The country currently has only a 4 percent share of the world biomedicine market, which is growing at the rate of 13 percent a year. Seoul National University has been one of five institutions around the world working on sequencing the DNA of the local males and females. South Korea's first biomedicine, an antibiotic, now has a $52.9 billion export contract. (Click here for more
You may also be interested in...
Keeping Track: Cancer Approvals From Lumisight Imaging To Adjuvant Alecensa
The US FDA’s approval of Lumicell’s optical imaging agent Lumisight makes a dozen novel approvals in 2024 for the Center for Drug Evaluation and Research.
Partisan Politics Returns To US FDA Congressional Oversight
The US FDA has stood out as an agency that tends to draw broad bipartisan support amid a generally rancorous and divided Congress. A House hearing, however, may be a sign that those days are over.
GLP-1 Coverage Restrictions In Medicare Part D Surge As Demand For Obesity Drugs Grows
A major shift from unfettered coverage to prior authorizations was recorded by MMIT over the past year for the leading GLP-1/GIP agonist diabetes drugs. Public interest in using the drugs off label for weight loss drove the change.