HK inno.N announced on Oct. 20 that Braintree Laboratories, its U.S. partner, has received approval for a phase 3 clinical trial plan for tegoprazan, the ingredient name of its new drug K-Cab Tab., from the U.S. Food and Drug Administration (FDA) and has started the final clinical trial. Braintree L
LG Chem announced on Oct. 18 that it has decided to acquire AVEO Pharmaceuticals in the United States. The U.S. drugmaker has a patent on a kidney cancer treatment. This will mark the first time for a Korean company to take over a company that has developed a new drug approved by the U.S. Food and D
EOFlow Co., the producer of EOPatch, a small and light wearable insulin pump, has exported an EOPatch production line to its joint venture in China, Sinoflow Co., the company announced on Oct. 17.On Sept. 30, the company shipped equipment to set up an EOPatch production line in Sinoflow, along with
SPC Group announced on Oct. 14 that it has opened the ninth Shake Shack store in Singapore at Junction 8, a popular shopping mall located in the centre of Bishan.Shake Shack Junction 8 is located on the first floor of Junction 8, the largest shopping mall in Bishan, which is a large residential area
Pernod Ricard Korea announced on Oct. 17 the release of three champagnes of the ‘Maison Mumm RSRV Collection’ that contains the “Only the Best" philosophy of Maison Mumm, a champagne house established in 1827.Since they were first produced in 1838, Maison Mumm’s exceptional champagnes have been rese
Busan City had a meeting on Oct. 11 in order to discuss how to support the BTS concert scheduled for Oct. 15. BTS will give the concert at the Busan Asiad Main Stadium to help the city become the venue of Expo 2030.At the meeting, the city conducted simulations related to traffic, safety, emergency
Pernod Ricard Korea announced that Jameson, the world’s no. 1 Irish whiskey beloved by people across the globe, will participate in one of Korea’s largest camping festivals, Go Out Camp, as the main sponsor.Go Out Camp has been very well received by people who love the outdoor life ever since it sta
People Power Party lawmaker Lee Jong-seong remarked on Oct. 11 that the number of national health insurance subscribers who are dependents decreased from more than 20.06 million to 18.09 million from 2017 to 2021 and to 17,937,000 until July this year.“However, the number of foreign dependents incre
Coway Co. was named a “Winner” for three home appliance products at Good Design Award 2022.The Good Design Awards, hosted by the Japan Institute of Design Promotion (JDP), is one of the most prestigious international design competitions, alongside the iF Design Award, Red Dot Design Award, and IDEA.
A merger between Korean Air and Asiana Airlines will require the two airlines to cut 69 flights to Europe, the Americas and Australia a week, an analysis saysThe two Korean airlines operated 183 flights a week on these routes in 2019. They will be required to cut their flights by 69 to lower their c
SK Bioscience has decided to incorporate a subsidiary in the United States, a move designed to accelerate innovation and growth and to secure a biotech production base in the U.S.The decision to set up SK Bioscience USA was made on Oct. 1. Kim Hoon, SK Bioscience’s chief technology officer (CTO), wi
Coupang announced on Oct. 5 that it will participate in the Cybersecurity Awareness Month campaign, which has been led by the U.S. government for 19 years.Cybersecurity Awareness Month was launched by President George W. Bush in 2004. It is held in October every year to increase the awareness of dig
SPC Group’s bakery brand Paris Baguette has opened three additional stores in Paris, France.Paris Baguette announced on Oct. 4 that it has opened a store in Montparnasse, its fifth branch in Paris. In the first half of this year, it opened the third store, the Boel Dieux Branch, and the 4th store, t
SK Inc., the holding company of SK Group, is increasing domestic production in order to increase its presence in the global pharmaceutical contract development and manufacturing (CDM) market.SK Biotek announced on Oct. 4 that its new facilities in Sejong City were put into operation last month. SK B
Coupang has partnered with SICK Korea and EUCHNER Korea to secure standard safety-related parts and control systems to be used for its logistics centers across the nation.A signing ceremony was held at Coupang’s Jamsil headquarters on Sept. 29 with the attendance of officials from the three companie
Lotte Chilsung Beverage announced that it will launch full-scale overseas marketing activities for Soonhari with the endorsement of K-pop artist Jennie, a member of Blackpink.Under the campaign slogan of “Be Happy Soon, Soonhari,” the company implemented a minimal and simple design renewal of the bo
The police are reportedly investigating Il-Yang Pharmaceutical for allegedly exaggerating the results of clinical trials on its COVID-19 treatment in order to push up its stock price.The Financial Crime Investigation Unit of the Seoul National Police Agency have reportedly launched an investigation
Irish Distillers, a subsidiary of the global wine and spirits company Pernod Ricard, disclosed a roadmap for the Ireland-based Midleton Distillery to contribute to carbon neutrality with approximately 67 billion won (50 million euros) in investments over the next four years.The roadmap aims at trans
Korean Air Flight KE908 (B777-300ER) had a minor collision with Icelandair Flight FI454 (B737 Max 8) at Heathrow Airport in London, England around 4 a.m. on Sept. 29.The Korean Air plane was moving to a runway for a take-off when the tip of its left wing came into contact with the back of the tail w
Pernod Ricard Korea has launched ‘Redbreast,’ an ultra-premium craft whiskey that is made in the unique Irish style of single pot still.Single pot still whiskey is a unique category from Ireland. It is a method in which both malted barley and barley is distilled using a copper single pot still whisk