Inventage Lab, Yuhan to co-work for obesity treatment

Inventage Lab, Yuhan to co-work for obesity treatment

South Korea’s Inventage Lab Inc. announced on Friday that it has signed a joint development agreement with Yuhan Corp. for a long-acting inj...

LG to inject $700 million in startups in West Virginia

LG to inject $700 million in startups in West Virginia

CHARLESTON, WV – LG Electronics Inc. will form a fund with the State of West Virginia to inject $700 million over the next five years to foste...

Digital healthcare, robot, AI chip startups among VCs’ 2024 top picks

Digital healthcare, robot, AI chip startups among VCs’ 2024 top picks

Startups that specialize in digital healthcare, robots and artificial intelligence chips are among South Korea-based venture capital firms’ to...

Celltrion to sell portfolio of Takeda drugs to CBC Group

Celltrion to sell portfolio of Takeda drugs to CBC Group

South Korea’s Celltrion Inc. will divest of a portfolio of Takeda Pharmaceutical's prescription medicines sold in Asia to CBC Group, a Singapo...

Celltrion applies for approval of Xolair biosimilar in Canada

Celltrion applies for approval of Xolair biosimilar in Canada

South Korean biopharmaceutical company Celltrion Inc. announced on Wednesday that it has applied for CT-P39, a biosimilar of the treatment of asth...

HS Ad, Coupang to co-work for retail media advertising

HS Ad, Coupang to co-work for retail media advertising

South Korea’s HS Ad Inc. announced on Thursday that it will collaborate with the domestic e-commerce giant Coupang for data-based digital mark...

Boryung, HK inno.N to co-market Kanarb, K-CAB

Boryung, HK inno.N to co-market Kanarb, K-CAB

South Korea’s pharmaceutical companies Boryung Corp. and HK inno.N announced on Wednesday that they will start co-marketing for their respec...

DL E&C, KBR to co-work for SAF project

DL E&C, KBR to co-work for SAF project

South Korea’s DL E&C Co. announced on Wednesday that it signed a feasibility study contract with Kellogg Brown & Root (KBR) Inc., the ...

Celltrion’s Vegzelma listed on US PBM preferred drug list

Celltrion’s Vegzelma listed on US PBM preferred drug list

South Korea's Celltrion Healthcare Co. announced on Tuesday that its anti-cancer biosimilar Vegzelma (active ingredient: bevacizumab) was listed as ...

Celltrion Healthcare's Herzuma selected as funded brand in NZ

Celltrion Healthcare's Herzuma selected as funded brand in NZ

Celltrion Healthcare Co. announced on Thursday that its biosimilar anticancer drug Herzuma (active ingredient trastuzumab) for breast and gastr...

Celltrion, Cyron to develop multi-specific antibody new drug

Celltrion, Cyron to develop multi-specific antibody new drug

South Korea’s biopharmaceutical company Celltrion Inc. announced on Wednesday that it signed a joint research agreement with domestic startup ...

Lotte Chilsung, E&J Gallo to jointly boost soju sale in US

Lotte Chilsung, E&J Gallo to jointly boost soju sale in US

South Korea’s Lotte Chilsung Beverage Co. announced on Tuesday that it partnered with the world's largest winery E&J Gallo to expand its...

Hyungji, Dishang Group to co-work for market development

Hyungji, Dishang Group to co-work for market development

South Korea’s Fashion Group Hyungji and China’s largest clothing exporter Dishang Group signed a memorandum of understanding (MOU) to te...

Celltrion Healthcare's Remsima SC to be launched in US in 2024

Celltrion Healthcare's Remsima SC to be launched in US in 2024

Celltrion Healthcare Co. announced on Thursday that its autoimmune disease treatment Zymfentra (the US product name for Remsima SC) is set to be lau...

Samsung sets up future business planning unit, keeps co-CEO system

Samsung sets up future business planning unit, keeps co-CEO system

Samsung Electronics Co., the world’s largest maker of memory chips and smartphones, is creating a new division tasked with working out future ...

Celltrion applies for approval in Europe for eye treatment biosimilar

Celltrion applies for approval in Europe for eye treatment biosimilar

South Korean biopharmaceutical company Celltrion Inc. announced on Friday that it applied for approval from the European Medicines Agency (EMA) for ...

SK C&C to promote AI healthcare for brain diseases

SK C&C to promote AI healthcare for brain diseases

South Korea's SK C&C announced on Thursday that it signed a strategic business agreement with Neurophet, a cloud-based AI platform for brain ima...

S.Korean aerospace firms to co-work for SLV

S.Korean aerospace firms to co-work for SLV

South Korea's aerospace companies will collaborate to secure launch vehicle technology for small satellites weighing less than 500kg.  The Sou...

Hanyang, Air Products to co-work for green ammonia

Hanyang, Air Products to co-work for green ammonia

South Korea's Hanyang Corporation announced on Thursday it signed a memorandum of understanding (MOU) with the US industrial gas company Air Product...

Fed rate likely to be 2-4% over next decade: Oaktree's Howard Marks

Fed rate likely to be 2-4% over next decade: Oaktree's Howard Marks

Investors are experiencing the third “sea change,” facing the Federal Reserve’s rate hikes and its impact on economies and busines...

WeWork vs Starbucks as workspace in South Korea

WeWork vs Starbucks as workspace in South Korea

In 2019, WeWork’s business model underwent a reality check.Its application for an initial public offering the same year was met with investor ...

Celltrion to supply Remsima to Brazil gov’t in three-year row

Celltrion to supply Remsima to Brazil gov’t in three-year row

South Korea's Celltrion Healthcare Co. announced on Friday its autoimmune disease treatment Remsima (ingredient: infliximab) has won a bid for the B...

Celltrion enjoys record earnings on healthy biosimilar biz

Celltrion enjoys record earnings on healthy biosimilar biz

South Korean pharmaceutical giant Celltrion Inc. logged record quarterly earnings on the strong performance of its key biosimilar products while exp...

Neowiz, SK Hynix to team up for global marketing

Neowiz, SK Hynix to team up for global marketing

South Korean game developer Neowiz announced on Friday it has signed a memorandum of understanding (MOU) with SK Hynix Inc. for global marketing col...

Ex-Kumho Petrochemical chair returns as Kumho Mitsui co-CEO

Ex-Kumho Petrochemical chair returns as Kumho Mitsui co-CEO

Park Chan-koo, former chairman of South Korea’s Kumho Petrochemical Group, has returned to the top position of Kumho Mitsui Chemicals Inc. as ...

Naver-invested ichrogene enters Thai market

Naver-invested ichrogene enters Thai market

South Korea's digital healthcare startup ichrogene, with investment from Naver D2 Startup Factory (D2SF), entered into Thai market. Naver Corp....

SK Innovation, ENEOS to co-work for low-carbon energy

SK Innovation, ENEOS to co-work for low-carbon energy

SK Innovation Co. said on Wednesday it will bolster its alliance with Japan's largest petroleum refiner ENEOS. This decision builds on their histor...

S.Korea's SKC to sell fine ceramic business for $270 mn

S.Korea's SKC to sell fine ceramic business for $270 mn

South Korea's SKC Ltd. announced on Tuesday it will sell the fine ceramics business of its subsidiary SK enpulse, a semiconductor materials investme...

SK Square in talks with Qoo10 for joint management of 11Street

SK Square in talks with Qoo10 for joint management of 11Street

SK Square Co., the investment management arm of SK Group, is in talks with Qoo10 Pte. to merge its e-commerce subsidiary 11Street with the Singapore...

LG Elec to launch new business with startup: LG NOVA head

LG Elec to launch new business with startup: LG NOVA head

SAN FRANCISCO – LG Electronics Inc. will set up a new business entity focusing on some of its new growth pillars — digital healthcare, c...

S.Korea’s extra budget approved; IBs lift economic forecast BTS’ Suga, MLB star Chan Ho Park to join Oakland Athletics as shareholders Celltrion secures $730 mn to buy biosimilar unit shares, pursue M&A Korean commercial act revision to drive reevaluation of equities: J.P. Morgan S.Korea to elevate science minister to deputy prime minister to lead in AI race