Farmskin Inc., a Korean cosmetic company that produces products using cow’s colostrum as a main ingredient, has signed a social contribution agreement (MOU) with the Korean Red Cross.Through the agreement, Farmskin is planning to contribute to a better care of the socially weak by developing and ope
Samsung Electronics introduced a new suite of power devices at its first-ever Galaxy Unpacked virtual event held on Aug. 5.The tech giant revealed five devices during the event: Galaxy Note20 and Galaxy Note20 Ultra, the most powerful Note series yet; Tab S7 and S7+, versatile tablets for productivi
Everland announced on July 22 that its Giant Panda couple had given birth to a new, tiny Giant Panda of their own two days before. The baby panda, measuring 16.5 cm and weighing 197 grams, is the first Giant Panda born in Korea.Everland Zoo received a pair of pandas, Ai-Bao (爱宝, age 7, female) and L
JW Pharmaceutical announced on July 9 that the World Federation of Hemophilia held a general meeting and recommended preventive care based on the subcutaneous injection of its Hemlibra as a new guideline.Hemlibra is a recombinant product for preventing hemophilia A caused by a deficiency of blood co
LG Electronics announced on July 8 that it has released the LG CLOi Servbot, a self-driving service robot. The new robot comes in two types: the drawer type and the shelf type.LG Electronics supplied its first drawer-type CLOi Servbot to Seoul National University Hospital in Jongno-gu, Seoul. This i
A boycott of Chinese goods and services has erupted in India, following an armed clash between Indian and Chinese troops in the northern Indian region of Ladakh on June 15. This may benefit Korean companies operating in India.China is India's largest source of imports. According to data from Ind
Samsung Electronics announced on June 18 that the Samsung Health Monitor application has launched in South Korea, following its clearance by South Korea’s Ministry of Food and Drug Safety (MFDS) earlier this year. Now, Galaxy Watch Active2 users in Korea can access the Samsung Health Monitor app.To
Samsung Electronics is planning to launch the Galaxy Note 20, Note 20 Ultra, Fold 2, Z Flip 5G and Watch 3 online on Aug. 5.The Galaxy Note 20 and Note 20 Ultra come with 6.4- and 6.9-inch displays, respectively. The Galaxy Note 20 Ultra comes with a 108-megapixel camera without 100x space zoom.The
President Moon Jae-in has accepted U.S. President Donald Trump's invitation to a G7 meeting. Amid the hegemonic rivalry growing between the United States and China, the South Korean government appears to be leaning toward the former, a staunch ally based on a security alliance.Moon had a 15-minu
The authors are analysts of Shinhan Investment Corp. They can be reached at kimkyuri@shinhan.com and changmin.yoon86@shinhan.com, respectively. -- Ed. Sugentech is an in vitro diagnostic kit manufacturer established in 2011. The company moved its listing from KONEX to KOSDAQ in May 2019. Its product
Samsung Electronics announced on May 24 that the electrocardiogram (ECG) function of the Samsung Health Monitor app has been cleared by South Korea’s Ministry of Food and Drug Safety (MFDS).The ECG feature uses advanced sensor technology on the Galaxy Watch Active2, and will enable users to measure
GC Pharma announced on May 18 that it would provide GC5131A, the world's first plasma therapy for COVID-19 that the company is developing, to Korean patients free of charge.GC Pharma is the first Korean pharmaceutical company to come up with a plan to supply a COVID-19 treatment to patients for
Institut Pasteur Korea announced on May 14 that nafamostat, an acute pancreatitis treatment and a blood anticoagulant component, has antiviral effects against the new coronavirus.Institut Pasteur Korea has been conducting drug recreation research since February to discover candidates for COVID-19 tr
JW Pharmaceutical announced on May 12 that the results of phase 1a clinical trials (single dose) on CWP291, a candidate material for acute myeloid leukemia (AML), has been published in the online edition of Blood Advances, a journal published by the American Society of Hematology (ASH).CWP291 is a t
A North Korean defector who was recently elected as a lawmaker in South Korea said that North Korean leader Kim Jong-un is in critical condition due to poor cardiovascular health and is incapable of exercising his control of the government, the Chosun Ilbo reported on April 21.Ji Sung-ho, a lawmaker
The Samsung Health Monitor app receives clearance from the South Korea’s Ministry of Food and Drug Safety (MFDS);Samsung Electronics announced on April 21 that the Samsung Health Monitor app has been cleared by the South Korea’s Ministry of Food and Drug Safety (MFDS), as a Software as a Medical Dev
Institut Pasteur Korea (IPK) announced on April 14 that it will cooperate with Daewoong Group to develop a treatment for COVID-19.The institute said it has confirmed through cell experiments that anthelmintic niclosamide is effective in dealing with COVID-19 and it is 40 times and 26 times more effe
The Korea Electronics Technology Institute (KETI) has developed a device that measures the results of an antigen and antibody immune response test, one of simple influenza tests, faster and more accurately.KETI announced on April 7 that the newly developed high-performance immunodiagnostic reader di
The authors are analysts of Shinhan Investment Corp. They can be reached at changmin.yoon86@shinhan.com and kimkyuri@shinhan.com, respectively. -- Ed. 1Q20 consolidated OP forecast at KRW22.1bn (+32% YoY)We now expect Kolmar BNH to have posted consolidated operating profit of KRW22.1bn (+32.4% YoY)
GC Pharma announced on April 2 that it would release the world's first plasma treatment for COVID-19 in the second half of this year.The company said the "GC5131A," a COVID-19 treatment it is developing, can be commercialized within this year.The GC5131A is a hyperimmune globulin made with immun