Hanmi Pharmaceutical has received additional approval for the therapeutic use of the anti-cancer drug candidate Belvarafenib, which was technologically transferred to global pharmaceutical company Genentech, a member of the Roche Group (RHO).According to the Ministry of Food and Drug Safety on Jan.
Chong Kun Dang Pharmaceutical, a leading biotechnological and pharmaceutical company in South Korea, is poised to achieve a nearly sevenfold increase in operating profit in the fourth quarter of last year compared to the same period the previous year. This remarkable growth is attributed to the tech
Pulmuone participated in the '2024 Consumer Electronics Show (CES 2024),' the world's largest advanced industry exhibition held from the 9th to the 12th local time in Las Vegas, Nevada, US, the 12th, and introduced menus created by the unmanned instant cooking platform 'Chulchul(which means the feel
Samsung C&T Corporation, along with its subsidiaries Samsung Biologics and Samsung Bioepis, announced on Jan. 9 the signing of a memorandum of understanding (MOU) for strategic cooperation with the U.S.-based Flagship Pioneering through their jointly established Life Science Fund No. 2 (SVIC 64th Ne
Samsung Electronics has been revealed to have been emitting toxic substances over the past decade at its Bac Ninh plant in Vietnam, failing to take appropriate measures. According to Newstapa on Jan. 9, the American investigative journalism outlet The Examination reported this issue based on a conve
Hyundai Mobis (KRX 012330) a global automotive supplier, unveiled the “MOBION” electric vehicle (EV), equipped with the next-generation ‘e-Corner System’ motion technology, for the first time at CES 2024. During the exhibition, visitors and customers have the first-hand opportunity to experience MOB
The police have initiated a forced investigation into Il-Yang Pharmaceutical, which is under suspicion of stock price manipulation.According to the police on Jan. 5, the Financial Crime Investigation Unit of the Seoul Metropolitan Police Agency executed a search and seizure warrant at the headquarte
Three mid-sized Korean-based automakers -- GM Korea, KG Mobility, and Renault Korea Motors -- exported eight out of every 10 units they sold last year, according to industry sources. These three companies, which exited the tunnel of losses by expanding exports, plan to solidify their rebound momentu
Artist Dasom Park’s , which was held as the opening exhibition at Visaza, has been extended until January 5th of the new year after some time for rest and reorganization. This exhibition is a follow-up exhibition to artist Dasom Park’s
More than four out of 10 listed companies in Korea were unable to pay interest with money they made, according to a recent survey. High interest rates and stagflation worsened the business environment, raising red flags on their financial conditions.As of the third quarter of 2023, 710 of 1,674 list
The 42nd JP Morgan Healthcare Conference is set to take place from Jan. 8 to 11 in San Francisco, California, in the U.S. This annual event, held every January, is renowned as the world’s largest healthcare investment venue where major global pharmaceutical companies, emerging biotech firms, and pro
Samsung Electronics’ Internet of Things (IoT) platform SmartThings, previously implemented in its home appliances, is set to expand into Hyundai Motor Group’s connected car services, creating a seamless connection between vehicles and homes.Samsung Electronics and Hyundai Motor Group announced on Ja
Dong-A ST announced on Jan. 4 that it has signed a license-in agreement with SK Biopharmaceuticals to license out its new epilepsy drug Cenobamate in 30 countries including Korea, Southeast and Southwest Asia, Russia, Australia, New Zealand, and Turkiye.Under the agreement, Dong-A ST will receive dr
Hanwha's multipurpose unmanned ground vehicle (UGV), the Arion-SMET, has completed a week-long field test conducted by the US Marine Corps and US Army. This accomplishment marks a significant milestone for the robotic vehicle, positioning it as a potential contender in the global UGV market.The fiel
The State of West Virginia and LG Electronics announced a strategic initiative to grow new business ventures in West Virginia to advance the development of new technologies for renewable energy, healthcare and industries of the future.The businesses, developed by LG NOVA, LG Electronics’ North Ameri
Chef Jimyung Lee of Park Hyatt Seoul, celebrated for his creativity and artistry, and Chef Narae Kim of Park Hyatt Paris-Vendôme, named the Best Pastry Chef of the Year by the French restaurant guide Gault & Millau, will jointly present "Four Hands Dessert: Taste of Seoul and Paris" on the top floor
Korea Aerospace Industries (KAI) announced on Jan. 2, 2024, that it has completed the delivery of 12 FA-50GF aircraft to Poland just 15 months after signing the export contract.KAI stated, “After signing a contract in September 2022 for the export of 48 FA-50 jets to Poland, the first and second FA-
Celltrion Group revealed on Jan. 2 that it plans to divest the business rights, excluding domestic specialty pharmaceuticals, of the Primary Care sector in the Asia-Pacific region that it acquired from multinational pharmaceutical company Takeda Pharmaceutical in 2020. This split sale, which exclude
The author is an analyst for NH Investment & Securities. He can be reached at pk.park@nhqv.com -- Ed.Gene cell therapy approaches are gradually gaining renewed attention in response to recent CRISPR and CAR-T news. GCT received keen attention in 2H20 as a viral vector and mRNA-based coronavirus vacc
LS Mtron is expediting its penetration of the U.S. market by securing an agricultural machinery export hub in central Texas in the United States.According to industry sources on Jan. 1, LS Mtron will complete a tractor logistics center and assembly plant in Palestine, Texas, in February. The facilit