- LOGIN
- MemberShip
- 2026-03-11 11:39:50
- Company
- Generic market share 13% after 'Trajenta' patent expiration
- by Kim, Jin-Gu May 12, 2025 05:59am
- Generic products have expanded their market share to 13% just nine months after the patent expiration of Trajenta (linagliptin), a DPP-4 inhibitor for diabetes treatment. Compared to previous cases of diabetes treatments in the same drug class that patents expired before Trajenta, generic products are analyzed to have slower market penetration. Analysis suggests that the entry of generic products was blocked until early this year because they failed to receive priority marketing authorization, leading to passive product launches due to the original manufacturer’s active resistance. Original prescription sales KRW 29.3 billion→KRW 21.6 billion in one year… and generics totaled KRW 3.1 billion According to UBIST, a pharmaceutical market research firm, on the 9th, the outpatient prescription market size for linagliptin-based diabetes treatments in the first quarter was KRW 24.7 billion. It decreased by 16% year-over-year (YoY). Prescription sales of the original products, Trajenta and Trajenta Duo, dropped. Trajenta monotherapy sales dropped from KRW 14.7 billion to KRW 9.7 billion, a 34% decline, while the metformin combination therapy decreased from KRW 14.6 billion to KRW 11.8 billion, a 19% decline. The combined prescription amount shrank from KRW 29.3 billion to KRW 21.6 billion, a 26% decrease. Such an outcome is attributed to the expiration of the compound patent, the entry of generics, and the resulting price reductions. The substance patent for Trajenta expired in June of last year. Since then, generic products have been listed for reimbursement, leading to price cuts for the original products. Trajenta price fell by 30% and Trajenta Duo by 11%. Quarterly prescription sales of Trajenta original drug (dark green) & generics (light green). (unit: KRW 100 million, source: UBIST) The generics that entered the market immediately after patent expiration have gradually increased their market influence. The combined prescription value of Trajenta and Trajenta Duo generics rose from KRW 1.8 billion in Q3 of last year to KRW 2.7 billion in Q4, and KRW 3.1 billion in Q1 of this year. By company, as of Q1 of this year, KyungDong Pharmaceutical had the highest combined generic prescriptions for the single and combination products at KRW 600 million, followed by Daewon Pharmaceutical at KRW 500 million, Kyungbo Pharmaceutical at KRW 400 million, Yuhan and Hanmi Pharmaceutical each at KRW 300 million, and Boryung at KRW 200 million. Except for one company, all generic manufacturers recorded less than KRW 500 million prescriptions in Q1. The average prescription value per generic-launching company was just over KRW 100 million. Penetration rate↓ compared to previous cases of patent expiry… Did the original company's defensive strategy work? Analysis suggests that generic market penetration has been somewhat slow, even with other diabetes drugs of the same class whose patents expired earlier. For example, generics for 'Galvus (vildagliptin),' which lost patent protection before Trajenta, achieved a 39% market share three quarters after expiration. Generics for 'Tenelia (teneligliptin)' reached a 48% market share nine months after patent expiry. Generics for 'Januvia (sitagliptin),' whose patent expired in September 2023, had a 15% share three quarters after launch, two percentage points higher than Trajenta generics at the same period (13%). Trajenta's generics have shown the slowest market penetration among DPP-4 inhibitor diabetes drugs. The pharmaceutical industry suggests several analysis. First, the lock on priority marketing authorization for Trajenta generics was lifted earlier this year. After Trajenta's compound patent expired in May last year, 26 companies obtained priority marketing authorization and launched products. Their priority marketing periods ended in March of this year. Companies without those priority marketing authorization approvals were barred from launching generics for about ten months. Only after those periods expired in March were an additional 12 companies, including Hanmi Pharmaceutical·Genuone Sciences, able to enter the market. In addition, the original company, Boehringer Ingelheim Korea, actively defended its position by enforcing so-called 'unlisted patents' on Trajenta to defend generic launches. Generic manufacturers faced the choice of launching products without entirely circumventing or invalidating those unlisted patents, risking patent infringement findings and damages in future litigation. For these reasons, some companies reportedly held back on generic launches. Only 15 firms listed the Trajenta monotherapy generic for reimbursement, whereas 39 listed the combination therapies, because reformulating the combination can partially avoid unlisted patent risks. Indeed, of the 40 firms that listed a Trajenta Duo generic, 27 secured approval by changing the formulation to an extended-release tablet. Strong brand loyalty to the original product in clinical practice may have also contributed. Trajenta held the number 2 spot in the market for DPP-4 inhibitors for a long time after Januvia before its patent expiry, and despite generic entry, it maintains high loyalty in prescribing.
- Company
- RPE stem cells may address the cause of AMD
- by May 12, 2025 05:58am
- What if damaged human tissues and organs could be “restored”? If severed spinal cords could be reconnected, and eyes that have lost their sight could once again detect light on their own. The technology to revive human tissues that have lost their function has been a long-standing aspiration of humanity. Tissue regeneration using stem cells is considered the key to opening this new frontier in treatment. Stem cells are cells that possess both self-replication and differentiation capabilities. They can not only replicate themselves infinitely but also transform into various types of cells in the body as needed, making them a focal point in regenerative medicine. However, despite the high expectations for stem cells, there is prevalent skepticism both within and outside the academic community. This is due to the limited number of cases where its therapeutic efficacy has been clearly demonstrated, as well as unresolved challenges such as long-term safety and the potential for tumor formation. In Korea, stem cell technology has often been labeled as the “technology of doubt” since the 2005 scandal involving the fabrication of research papers by Woo Suk Hwang. Despite this, some companies continue to believe in the potential of this technology and are actively pursuing its development. One such company is Biotechnology. Luxa is a U.S. joint venture established in 2019 by Y2 Solution and Neural Stem Cell Institute (NSCI), the first independent stem cell research institute in the U.S. Luxa is currently developing “RPESC-RPE-4W,” a candidate drug for the treatment of dry age-related macular degeneration using retinal pigment epithelial stem cell (RPESC). Luxa's Chief Scientific Officer is Dr. Sally Temple, co-founder of Luxa and co-founder of NSCI. Dr. Temple is a world-renowned authority in the field of stem cells, having first identified neural stem cells in the adult central nervous system. Dr. Jeffrey Stern is Dr. Temple's spouse and a retina specialist ophthalmologist who co-founded NSCI with her, and is jointly leading the development of stem cell-based therapies. Dr. Keith Dionne is also a key member of Luxa's executive team. Dr. Dion is a seasoned executive with over 20 years of experience in the biotechnology industry, having served as CEO of four biotechnology companies, including Alantos Pharmaceuticals, Surface Logix, Constellation Pharmaceuticals, and Casma Therapeutics, where he led the growth and mergers and acquisitions (M&A) of these companies. Dr. Dion currently leads the company as co-CEO. Dailypharm met with Dr. Temple, Dr. Stern, and Dr. Dionne at the 2025 annual meeting of the Association for Research in Vision and Ophthalmology held in Salt Lake City. Utah, to hear about the competitiveness of RPESC-RPE-4W, the latest clinical results, and the company’s future development strategies. (from the left) Dr. Keith E. Dionne, Dr. Sally Temple, Dr. Jeffrey Stern - What kind of treatment is Luxa’s RPESC-RPE-4W? Dr. Temple: RPESC-RPE-4W is a cell therapy candidate for dry age-related macular degeneration (AMD) based on adult retinal pigment epithelial stem cells (RPESC). Dry AMD is caused by the degeneration of RPE cells located in the central part of the retina, ultimately leading to central vision loss. This candidate aims to improve the damaged retinal environment and help restore vision by culturing RPE cells externally and transplanting them into the patient's retinal layer. It is currently in Phase 1/2a clinical trials. - I understand that NSCI has begun preclinical research on RPESC-RPE-4W. What prompted the development of a treatment for dry AMD? Dr. Temple: The discovery of RPE cells in 2012 opened up new opportunities for treating retinal diseases. At the time, my husband, Dr. Stern, was treating many patients with macular degeneration, including my mother. It was then that I learned there was no effective treatment for dry AMD. After realizing that RPE cells could potentially address the underlying cause of AMD, we conducted animal experiments and observed significant recovery of vision loss. Dr. Temple: Central nervous system tissue was long considered incapable of regeneration, but this perception is changing as recent research suggests that some regeneration is possible. The discovery of how certain levels of recovery can occur after disease or injury has raised the possibility that stem cells or progenitor cells responsible for regeneration may exist within the CNS. -There is still skepticism within the academic community regarding stem cell therapy. What is your perspective on this? During my PhD, I studied progenitor cells in single-cell culture, which was a highly suitable approach for investigating stem cells in the brain or retina. During the research, Dr. Stern provided significant assistance in developing a time-lapse video system that enabled us to track and observe brain cells in culture. Using this system, we identified a rare but actual population of stem cells within the central nervous system. The next question was how these central nervous system stem cells are regulated. Through our research, we discovered that whether stem cells remain in a quiescent state or actively divide to regenerate brain tissue depends on how closely they are in contact with blood vessels. Based on this finding, NSCI was established in 2005. In recent years, we have observed patients with age-related macular degeneration who have shown improvements in vision following RPE stem cell transplantation therapy, which has brought us great joy in seeing that our research is benefiting. - What is the current status and outlook for the dry AMD treatment market? Dr. Dionne: Dry AMD affects approximately 200 million people worldwide, and this number is expected to increase with the aging population. It is one of the leading causes of blindness in adults, and there is currently no fundamental cure. The current best treatment is complement inhibitors, with FDA-approved drugs such as Syfovre and Izervey. However, these treatments require monthly or bimonthly injections into the back of the eye and only slow disease progression without improving vision. Luxa's RPESC-RPE-4W has demonstrated the potential to replace damaged RPE cells and improve vision. Additionally, recent reports indicate that global pharmaceutical giants like Merck in the U.S. are acquiring ophthalmic biotech companies targeting smaller markets than dry AMD for billions of dollars. This demonstrates that the size of the market is not the key factor, but rather how quickly we can respond to it. -Dry AMD treatments are being developed by several companies besides Luxa. Various therapeutic agents with different mechanisms, such as induced pluripotent stem cells (iPSCs), embryonic stem cells, and gene therapies, are under development. What makes RPESC-RPE-4W unique? Dr. Temple: The biggest difference between Luxa's clinical trial and others is the type of RPE cells being transplanted. We use “adult RPE stem cells” that are specialized to develop into RPE cells. In contrast, other therapies first create pluripotent stem cells, such as iPSCs or embryonic stem cells, which can differentiate into various cell types, and then artificially differentiate them into RPE cells for transplantation. This approach involves a complex differentiation process and carries the risk of unwanted cells being mixed in. Luxa eliminates the risk of generating abnormal cells by directly using adult RPE stem cells. Additionally, adult RPE stem cells are highly stable, do not induce tumors, and effectively differentiate into the desired RPE cells, making them more suitable for treatment. -Please tell us about the interim results of the RPESC-RPE-4W Phase 1/2a trial presented at ARVO 2025. Dr. Stern: Luxa is conducting the RPESC-RPE-4W Phase 1/2a clinical trial, and at this conference, we presented data from the low-dose Cohort 1, which involved administering 50,000 cells to six patients. The interim results showed no serious adverse events (SAEs), tumorigenicity, inflammatory responses, or retinal detachment associated with the investigational drug. As a result, the company is now able to proceed to the next phase, which involves increasing the dose to 150,000 and 250,000 cells. ETDRS chart (Source: Luxa) Early signs of vision recovery were also observed in the trial. Luxa measured changes in vision after RPESC-RPE-4W administration using the ETDRS (Early Treatment Diabetic Retinopathy Study) chart. Each line contains five letters. Being able to read 15 more letters means being able to read 3 more lines. Interim results of the Phase 1/2a clinical trial showed that patients with the poorest vision were able to read approximately 21 more letters or 3 more lines on the ETDRS chart. Before treatment, patients could only read the largest letters, but after treatment, they were able to read the fourth line on the ETDRS chart due to an improvement of three lines in visual acuity. Visual acuity improved within approximately one month after administration, and the effect was maintained stably throughout the one-year clinical period. -What is your outlook for the RPESC-RPE-4W clinical trial, and how do you plan to develop it in the future? Dr. Stern: I believe that the current results are most likely to continue. While there is a possibility that the eight patients treated so far are exceptional cases, the probability is very low. To confirm this, we need to analyze all 18 patients who participated in the clinical trial. Since initial safety and tolerability have already been established, we have added two new clinical sites to accelerate the clinical trial. One is the Byers Eye Institute at Stanford University in the United States, and the other is LA Retina, a large private hospital located in Los Angeles, California, United States. The ongoing Phase 1/2a clinical trial is scheduled to be completed by the fourth quarter of this year. Following this, the company plans to seek business partners to conduct large-scale clinical trials and obtain FDA approval for RPESC-RPE-4W.
- Company
- Reimb progress for Balversa gains attention in Korea
- by Eo, Yun-Ho May 09, 2025 06:01am
- Balversa, a new drug for bladder cancer, has passed the first hurdle toward being listed for insurance reimbursement in Korea. According to industry sources, Janssen Korea’s FGFR targeting urothelial carcinoma (bladder cancer) drug Balversa (erdafitinib) recently passed the Cander Disease Deliberation Committee of the Health Insurance Reimbursement and Assessment Service recently. The covered indication is for the treatment of adult patients with locally advanced or metastatic urothelial carcinoma with FGFR3 gene mutations who have progressed during or after prior systemic therapy, including at least one PD-1 or PD-L1 inhibitor. The drug’s original indication that it had been approved for in 20222 was for the ‘treatment of adult patients with locally advanced or metastatic urothelial carcinoma (mUC) with FGFR2 or FGFR3 genetic alterations whose disease has progressed on or after at least one line of prior systemic therapy, which includes platinum-based chemotherapy, or whose disease has progressed within 12 months of neoadjuvant or adjuvant treatment with platinum-based chemotherapy.’ However, the approval of PD-1 and PD-L1-directed immuno-oncology agents in the first- and second-line settings that followed Balversa’s approval led to the need for Balversa to demonstrate efficacy in patients who previously received these agents. The situation was addressed with the publication of Balversa’s Phase III THOR trial study, which demonstrated a prolonged overall survival (OS) benefit with Balversa over chemotherapy in patients with metastatic urothelial carcinoma with FGFR3/2 gene alterations whose disease progressed after first-line treatment with immuno-oncology agents. In the study, Balversa prolonged overall survival (OS) compared with chemotherapy in patients with metastatic urothelial carcinoma. Results showed that over a median follow-up of 15.9 months, the mOS was 12.1 months in the Balversa arm, reducing the risk of death by 36% compared with the 7.8 months in the chemotherapy arm. Based on these findings, the U.S. Food and Drug Administration granted Balversa formal approval in January, but with a more restricted indication than originally approved. The European Medicines Agency's (EMA) Committee for Medicinal Products for Human Use (CHMP) also recently recommended expanding Balversa’s indication. Janssen Korea has additionally submitted the results from the THOR study to Korea’s Ministry of Food and Drug Safety. And the added data led to the approval by the Cancer Disease Deliberation Committee. It remains to be seen whether Balversa will be listed for reimbursement within this year and establish itself as a practical treatment option in Korea. Bladder cancer is a representative cancer for which there are no targeted anticancer drugs. Balversa is the first targeted anti-cancer drug for bladder cancer with a novel mechanism of action that inhibits fibroblast growth factor receptor (FGFR). FGFR is a biomarker involved in cancer cell growth that is associated with various cancers. FGFR mutations are particularly common in bladder cancer, with 20 to 30% of patients carrying mutations.
- Company
- U.S. issues orders to produce pharmaceuticals domestically
- by Kim, Jin-Gu May 09, 2025 06:00am
- An executive order issued by U.S. President Donald Trump to promote domestic production of medicines could impose additional burdens on Korean pharmaceutical and biotech companies seeking entry into the U.S. market. Included among the order’s provisions is a requirement to strengthen inspections of manufacturing facilities outside the United States, a move analysts say will lead to more rigorous FDA audits and potentially higher related fees. On the 8th, the Korea Pharmaceutical and Bio-Pharma Manufacturers Association (KPBMA) released an analysis of the impact on Korea’s pharmaceutical and biotech industry of the U.S. administration’s 'Regulatory Relief to Promote Domestic Production of Critical Medicines' executive order. According to the KPBMA, President Trump on the 5th (U.S. time) announced the executive order titled 'Regulatory relief to promote domestic production of critical medicines.' Its purpose is to strengthen the domestic manufacturing base for medicines in the U.S. and reduce reliance on foreign supply. During his first term, the Trump administration had already pushed policies to boost U.S. production of essential medicines and key raw materials. However, the second Trump administration judged that these policies had not been fully implemented under President Biden. Accordingly, the new order aims to relax manufacturing-related regulations and thereby promote expanded U.S. drug production capacity. The order streamlines the domestic review process for pharmaceutical manufacturing and strengthens inspections of foreign manufacturing sites. Under this measure, within 90 days of the order’s enactment, the U.S. FDA must develop improved, risk-based inspection protocols for overseas facilities supplying medicines to the U.S. The order stipulates that the costs of these inspections be covered by increased fees on foreign manufacturers. The KPBMA predicts, “Enforcement of mandatory production–data reporting from overseas facilities and public disclosure of noncompliant manufacturers will intensify the burden on Korean firms eyeing the U.S. market.” And added, “With strengthened FDA audits of foreign sites, possible fee increases, and public reporting of audit outcomes by country and company, Korean manufacturers must bolster quality-management systems and regulatory-response capabilities.” Moreover, “As the U.S. government increasingly focuses on expanding supplies from domestic producers, securing local production and supply chains and meeting U.S. quality-certification standards will be prerequisites,” the association advised, “and companies must devise closely coordinated strategies to respond to changes in U.S. certification, licensing, and procurement processes.” In the medium to long term, converting Korean facilities into U.S.-based manufacturing sites should also be considered—foreign facilities will face tighter regulations while domestic facilities see relief. The FDA will introduce pre-approval inspections for U.S. sites and conduct only essential, efficient reviews. The FDA also provide clearer guidance and procedures for overseas facilities that shift production to the United States.
- Company
- Pharma closely watches tariffs as U.S. sales surge
- by Chon, Seung-Hyun May 09, 2025 06:00am
- South Korea’s pharmaceutical and biotech companies are focusing on potential tariffs on U.S. exports of their medicines. President Donald Trump’s announcement that tariffs would be imposed on imported pharmaceuticals has left major exporters considering devising countermeasures. Celltrion, whose North American sales have topped KRW 1 trillion, has pre-distributed over a year’s inventory. GC Biopharma, which recently entered the U.S. plasma product market, hopes to secure tariff exemptions on U.S.-sourced raw materials. Companies such as Samsung Biologics, SK Biopharmaceuticals, and Daewoong Pharmaceutical have been accelerating their penetration of the U.S. market, making it imperative to monitor the ramifications of any tariffs closely. Celltrion completes transfer of 15 months’ inventory to prepare for tariffs… last year’s North American sales surpassed KRW 1T On the 8th, industry sources reported that Celltrion posted a statement on its website on the 7th titled 'Our Position and Response Strategy Regarding the Trump Administration's Tariff Policy in the U.S.,' announcing that it 'has completed the transfer of approximately 15 months' worth of inventory for products scheduled for sale in the United States in 2025.' Celltrion explained that it has minimized the impact of tariffs on this year's U.S. sales and projected sales in the first half of next year. Celltrion stated, "We have finalized a manufacturing agreement for finished products with a local U.S. CMO, and have already secured the volume that can be produced domestically. We have also completed measures to negotiate additional contracts with manufacturing sites to cover any further volumes that may be affected by tariffs." President Trump's declaration on the 5th that "within the next two weeks, we will announce item-by-item tariffs on pharmaceuticals" prompted Celltrion to unveil these detailed countermeasures. President Trump also signed an executive order directing regulatory agencies to shorten approval times for pharmaceutical plants built in the United States. Since President Trump took office, Celltrion has introduced three separate countermeasures to address potential tariffs on U.S. exports, demonstrating an active approach to contingency planning. On January 30, Celltrion announced measures stating, "We have secured sufficient inventory for our products currently sold in the U.S. to be sourced locally without additional imports through at least the third quarter of 2025." In February, the company announced the completion of a nine-month inventory transfer. It stated, "We have finalized measures to minimize the impact in 2025," once again presenting the status of its tariff mitigation plans alongside further inventory transfers. Celltrion said, "We have already developed strategies to minimize tariff impacts beyond next year," adding, "Regarding the establishment of local API manufacturing facilities in the U.S. as part of our long-term response, we have completed preliminary reviews and are now conducting a comprehensive, detailed assessment." Celltrion sales by regions (unit: KRW 1 billion, source: Celltrion) Celltrion is one of the largest South Korean pharmaceutical and biotech exporters to the United States. Celltrion has achieved U.S. approval for a total of 11 pharmaceutical products. Celltrion's first U.S. approval came in 2016 with Inflectra, the biosimilar to Remicade. In 2018, its biosimilars to the oncology drugs MabThera and Herceptin received FDA approval. In September 2022, Celltrion obtained FDA marketing authorization for Vegzelma, its Avastin biosimilar, and in 2023, its Humira biosimilar Yuflyma received FDA approval. In August 2023, the FDA approved Celltrion's subcutaneous (SC) formulation of Remsima, marketed as Zymfentra, as a standalone product. Last December, its Stelara biosimilar Steqeyma was approved by the FDA. This year, Celltrion has secured U.S. approval for four biosimilars. In January, the FDA approved Aptozma, its Actemra biosimilar for treating autoimmune diseases. In March, it received FDA approvals for Stobocloo, its biosimilar to bone disease treatments Prolia and Xgeva, and Omlyclo, its Zolair biosimilar, also cleared the U.S. regulatory hurdle. Last year, Celltrion's biopharmaceutical sales in the North American market reached KRW 1.0453 trillion. While its North American sales fell from KRW 709.5 billion in 2022 to KRW 629.2 billion in 2023, they surged by 66.1% last year, surpassing KRW 1 trillion for the first time. GC Biopharma begins U.S. sales of plasma product Alyglo… forecasts that "tariffs on U.S.-sourced materials will have limited impact" GC Biopharma, which recently entered the U.S. plasma product market, has anticipated limited tariff impacts. In December 2023, GC Biopharma entered the U.S. market when the FDA approved its plasma product, Alyglo. Alyglo is a liquid immunoglobulin preparation purified from plasma fractions. It is used to treat primary immunodeficiency disorders such as congenital immunodeficiency and immune thrombocytopenia. In its Q1 earnings release, GC Biopharma stated that, because a tariff exemption for U.S.-sourced raw materials is being considered, it expects the impact of tariffs to be limited. GC Biopharma forecasted that tariffs on U.S. pharmaceuticals will not significantly affect the plasma product Alyglo (source: GC Biopharma) The raw material of blood plasma for Alyglo is produced in the United States. GC Biopharma acquired 100% of ABO Holdings for KRW 138 billion in December last year. ABO Holdings is based in California and operates six blood banks across New Jersey, Utah, and California. GC Biopharma produces Alyglo at its Ochang facility using blood supplied by ABO Holdings, and then sells it in the U.S. GC Biopharma said, "We have secured inventory of Alyglo in the U.S. and are reviewing CMO partnerships for finished product manufacturing," outlining its tariff strategy. In Q1, plasma product sales were KRW 127.2 billion, up 42.3% from KRW 89.4 billion during the same period last year. GC Biopharma began full-scale sales after shipping the initial Alyglo batch in July last year. In Q2 2023, plasma product sales were KRW 90.6 billion, rising 50.8% to KRW 136.6 billion in Q3 and increasing to KRW 161.7 billion in Q4. While plasma product sales fell by 21.3% in Q1 2024 compared to Q4 2023, they remained above KRW 100 billion for three consecutive quarters. Green Cross sells Alyglo in the U.S. through its subsidiary, GC Biopharma USA, which recorded its first sales of KRW 48.6 billion last year. U.S. Sales Growth for Samsung Biologics, SK Biopharm, Daewoong surges… Monitoring Tariff Impacts Closely Korean pharmaceutical and biotech firms must closely watch for tariff impacts as their U.S. sales have recently increased. According to the Korea Customs Service, pharmaceutical exports to the U.S. reached USD 1.35809 billion (approx. KRW 1.61 trillion) last year, up 50% year on year. The U.S. accounted for 18% of total pharmaceutical exports. Exports to the U.S. have risen rapidly over the past two years: from KRW 843.94 billion in 2022 to USD 903.30 million (approx. KRW 1.07 trillion) in 2023, a 7% rise, and last year’s surge accelerated further. In 2022, the U.S. overtook Germany as South Korea’s largest pharmaceutical export market, maintaining that position for three consecutive years. Recently, orders for contract development and manufacturing (CDMO) have expanded, and sales of new drugs and biosimilars in the U.S. have increased, driving a significant rise in export volumes. Of Samsung Biologics’ KRW 45.473 trillion in sales last year, KRW 11.741 trillion (25.8%) came from the U.S. Samsung Biologics’ U.S. revenue share was 28.5% in 2022 and 26.3% in 2023. Samsung Biologics calculates regional sales based on the location of its CDMO clients. Samsung Bioepis, Samsung Biologics’ biosimilar subsidiary, is also expected to be affected by U.S. tariffs. Of its KRW 1.5277 trillion in sales last year, KRW 917.5 billion (60.1%) came from Europe and KRW 610.2 billion (39.9%) from non-European regions. Within those non-European sales, the U.S. represents the largest share, and they grew by 46.6% year on year. Since 2017, Samsung Bioepis has obtained U.S. approval for ten biosimilars. Starting with its Remicade biosimilar in 2017, followed by Herceptin, Enbrel, and Humira biosimilars in 2019. Ontruzant in September 2019, Eticovo, and Hadlima in April and July 2019, respectively; the Lucentis biosimilar Byooviz in September 2021. Since last year, Samsung Bioepis obtained FDA approval for its biosimilars in five areas, including biosimilars of Eylea, Stelara, Soliris, Prolia, and Xgeva. Samsung Bioepis’ biosimilar supply chain involves API production at Fujifilm Bio’s Danish plant and Samsung Biologics, with finished products made by overseas CMO partners and sold worldwide. Its U.S. biosimilar sales are handled by Biogen, Organon, Teva, and other partners. SK Biopharm’s new epilepsy drug Xcopri is also accelerating its U.S. penetration. FDA-approved in November 2019, Xcopri has been sold directly in the U.S. via SK Life Sciences since May 2020. SK Biotech produces the Xcopri API, and a Canadian CMO partner supplies the finished drug. Last year, Xcopri’s U.S. sales reached KRW 438.7 billion, up 62.1% year on year, with cumulative U.S. sales of KRW 969.5 billion. SK Lifesciences sales by year (unit: KRW 100 million, source: FSS) Last year, SK Life Sciences’ sales were KRW 667.8 billion, up 36.0% from 2023. Over two years, its sales grew 72.0%, from KRW 388.3 billion in 2022, more than fourteen-fold over six years since KRW 47.5 billion in 2018. SK Group has established U.S. manufacturing through SK pharmteco, which oversees CMO operations. SK pharmteco runs five companies, including SK Biotech, SK Biotech Ireland, Ampac, Yposkesi, and CBM. Ampac has facilities in California, Texas, and Virginia. Among traditional pharmaceutical companies, Daewoong Pharmaceutical is the most active U.S. exporter, selling its botulinum toxin product Nabota (FDA-approved via partner Evolus in 2019) from its Hyangnam plant. Nabota’s exports were KRW 49.2 billion in 2021, more than doubling to KRW 109.9 billion in 2022, then rising to KRW 117.4 billion and KRW 156.0 billion in 2022 and 2023, respectively, over triple in three years. Q1 2024 exports were KRW 37.3 billion, four times the domestic sales of KRW 8.3 billion. U.S. subsidiaries of Korean pharma firms also saw strong growth. Hugel America, a subsidiary of Hugel, is responsible for the U.S. sales and R&D of the botulinum toxin product “Retivo.” Its revenue increased by 86% year-over-year, from KRW 21.1 billion in 2023 to KRW 39.2 billion last year, and its net loss of KRW 19.2 billion turned into a net profit of KRW 15.5 billion. Huons USA, operated by Huons, markets products such as lidocaine injections. Its revenue rose 29%, from KRW 1.1 billion to KRW 1.4 billion, and its net loss of KRW 1.7 billion in 2023 turned into a net profit of KRW 0.1 billion last year.
- Company
- Lilly retries to make RET-targeted therapy accessible
- by Eo, Yun-Ho May 08, 2025 06:09am
- Product photo of Retevmo Cap Patients are hopeful again for RET-targeted cancer therapy, a treatment option once deemed 'pie in the sky.' According to industry sources, Lilly Korea has recently submitted an application for insurance reimbursement listing for its RET (REarranged during Transfection) inhibitor 'Retevmo (selpercatinib),' indicated for the treatment of non-small cell lung cancer (NSCLC). Retevmo, which was approved in South Korea in March 2022, had not passed the Cancer Disease Review Committee (CDRC) of the Health Insurance Review and Assessment Service (HIRA) in May of the same year. The drug passed the CDRC in November and the Drug Reimbursement Evaluation Committee (DREC) in May 2023. Upon clearing the DREC review, Retevmo was anticipated to be reimbursed as the company entered a pricing negotiation with the National Health Insurance Service (NHIS) in June. However, an agreement had not been met. It was the sole unsuccessful drug pricing negotiation of that year. Consequently, it was expected that RET cancer therapy would not be readily accessible in South Korea. Two RET cancer therapies are domestically approved. In addition to Retevmo, 'Gavreto (pralsetinib),' introduced by Roche Korea from Blueprint Medicines Corp, exists. However, Gavreto's inclusion in the reimbursement list became difficult due to Roche withdrawing the sales rights. Lilly's Korean subsidiary has recently made progress. However, it remains uncertain whether the company will finalize the reimbursement listing process. Retevmo was conditionally approved for agreement to meet the Phase 3 trial requirement. However, the company's application for listing process lacked a Phase 3 study and was asked to submit a document equivalent to the requirement. For this reason, criticism arose regarding the evaluation criteria for the drug that had been conditionally approved to expedite its introduction. This was because the company had quickly applied for listing under the approval–evaluation linkage system, underwent discussions on reimbursement for about a year and a half but ultimately failed. There is still room for a turnaround. Proper Phase 3 trial results are now in hand. What now matters is Lilly's and the government's commitment to introducing a RET-targeted cancer therapy. At the 2023 European Society for Medical Oncology (ESMO 2023) annual meeting, the results of Retevmo's Phase 3 trials, LIBRETTO-431 and LIBRETTO-531, were each disclosed. Those results were published in the New England Journal of Medicine (NEJM). The LIBRETTO-431 study presented at the conference compared Retevmo with platinum-based chemotherapy±pembrolizumab in the first-line treatment of patients with progressive or metastatic RET fusion–positive NSCLC. The key result was that, in the ITT-pembrolizumab cohort, the median progression-free survival (PFS) assessed by the blinded independent central review (BICR) was 24.8 months in the Retevmo-treated group versus 11.2 months in the control group, with a hazard ratio of 0.465. The overall response rate (ORR) by BICR was also significantly higher in the Retevmo group at 83.7% compared to 65.1% in the control group. Meanwhile, Retevmo was granted accelerated approval, priority review, and Breakthrough Therapy & Orphan Drug Designation in the United States in 2020. Then, it was approved as the first treatment option for the treatment of cancer patients with RET gene mutations.
- Company
- BIO KOREA 2025 'Innovation and Collaboration'
- by Whang, byung-woo May 08, 2025 06:09am
- With open innovation emerging as a key topic for fostering a bio ecosystem, scalability based on networking has become a necessity rather than a choice. BIO KOREA 2025, which opened on the 7th, also kicked off its three-day journey with various programs under the theme of “Innovation and Collaboration: Building the Future Together,” marking its 20th anniversary. In particular, amid various crises and concerns such as investment contraction and the anticipated U.S. tariffs on pharmaceuticals, cooperation for business exchange and synergy creation were emphasized. First held in 2006, BIO KOREA is celebrating its 20th anniversary this year Yuhan Corp and Celltrion take center stage…Amgen’s first participation draws attention Last year, the main booths at the exhibition were occupied mainly by contract development and manufacturing organizations (CDMOs), but this year, Yuhan Corporation and Celltrion’s booths were positioned at the entrance, in the most visible spots. Both companies have recently expanded their influence in the global market based on Leclaza (Lazertinib) and biosimilars, respectively. On the day of the exhibition, Yuhan Corp placed Leclaza at the center of its booth and emphasized that it was the first domestic anticancer drug to be approved by the US Food and Drug Administration (FDA) and the European Medicines Agency (EMA). Leclaza has recently been approved by the US FDA as a combination therapy and is rapidly advancing into the global market. Through this event, Yuhan Corp sought to highlight the global competitiveness of Leclaza and expand opportunities for cooperation with overseas partners. Yuhan Corporation and Celltrion were located at the main booths of the exhibition. (Top photo) Yuhan Corporation Celltrion was the first company visited by key guests during the exhibition tour. Vice President Bumsung Kim, who introduced the company, emphasized the company’s position in the global market, highlighting that Celltrion is the world's first developer of antibody biosimilars. Celltrion set out to actively engage in communication at the exhibition as it is seeking global expansion through new drug development and open innovation projects using ADCs in addition to biosimilars. Among multinational pharmaceutical companies, Johnson & Johnson (J&J), which participated last year, and Amgen, which set up an independent booth for the first time this year, stood out. Amgen was the only multinational pharmaceutical company to be certified as a “Korea innovative pharmaceutical company” by the Ministry of Health and Welfare at the end of last year, in recognition of its contribution to research and development and investment for the creation of an innovative ecosystem for new drug development in Korea. Amgen’s main purpose for participating in this exhibition was to expand its network by increasing contact with domestic companies. Amgen highlighted that it has expanded its open innovation program “Bio Day & Pitching Day,” which it has been conducting with the Korea Health Industry Development Institute since 2024, to nurture domestic biotech ventures into a global program called “Golden Ticket.” Seung-Jae Lee, Medical TA Lead at Amgen, said, “We are operating open innovation programs such as the Golden Ticket program with the Korea Health Industry Development Institute to create a domestic bio ecosystem and discover and foster venture companies. We will continue to grow together with Korean bio companies through continuous investment in open innovation.” Amgen showcased its commitment to strengthening open innovation by setting up its first independent booth. (From left) Amgen and J&J booths. Sweden participates for the second consecutive year, Netherlands participates for the first time... Operating National Pavilions, seeking to strengthen cooperation In addition to Australia, which has participated every year, Sweden and the Netherlands operated booths in the form of national pavilions this year to actively explore possibilities for cooperation in the bio industry. Currently, the Swedish government has designated the life sciences industry as a core area of national competitiveness and is promoting global cooperation and innovation based on government-led strategies and world-class research infrastructure. In particular, on the same day, an official from the Swedish Trade and Investment Council in Korea expressed interest in creating synergy in the field of advanced therapy medicinal products (ATMP) in conjunction with the revision and implementation of Korea's Advanced Regenerative-Bio Act. Sweden is a leading country in the field of advanced regenerative medicine, and CCRM Nordic (Center for Commercialization of Regenerative Medicine Nordic), a Swedish non-profit organization, is responsible for ATMP research and development, industrial ecosystem development, and business growth support across Northern Europe and Europe. An official from the Swedish Trade and Investment Council in Korea said, “We believe that there is still a lack of awareness about Sweden's life science industry in Korea, so we decided to participate for the first time for two consecutive years. We have been actively promoting industry awareness since last year, and as BIO EUROPE was held in Sweden last year, we plan to continue discussions in line with that as well.” (Clockwise from top left) Australia Pavilion, Sweden Pavilion, Germany Pavilion, Netherlands Pavilion The Netherlands also emphasized the technological capabilities and the will to cooperate of its companies and expressed its hope for expanded partnerships with Korean biotech companies. As this is its first participation, the Netherlands plans to use this event to identify the needs of companies and expand cooperation in the future. A representative from the Dutch Embassy said, “There are various bio companies in the Netherlands, so we decided to participate to help them enter the Korean market. Currently, there are consulting companies and early-stage companies seeking to enter the market, and we plan to strengthen cooperation between the two countries in the future.” Seeking to expand Bio Korea partnerships... still lacks substance Business partnering at the exhibition, which has become increasingly important recently, has significantly expanded global partnering opportunities for domestic biotech companies. Through business meetings with companies such as Johnson & Johnson, Amgen, Boehringer Ingelheim, Pfizer, MSD, Takeda, Roche, Novo Nordisk, ST Pharm, and SK Bioscience, plans are in place to create opportunities for new partner discovery, technology cooperation, and joint research discussions. As there had been criticism in the past that there were not enough partnership opportunities, this year's event has expanded the scale of partnering by about 21% compared to last year, focusing on broadening opportunities. At BIO KOREA 2025, partnering opportunities increased by 21% compared to last year. However, with many companies seeking partnering opportunities through overseas exhibitions, there have been suggestions that domestic exhibitions need to have more “substance” to ensure continuity. A representative from a biotech company that set up a booth at BIO KOREA stated, “While it is a positive change in terms of increasing the scale and opportunities for partnerships, there are still areas that fall short when compared to overseas exhibitions. For companies in the Asia-Pacific (APEC) region, there may be good business development opportunities, but given that global companies' headquarters are unlikely to attend, there is a need to reconsider the direction.”
- Company
- Industry asks US to exempt Korean drugs from tariffs
- by Kim, Jin-Gu May 08, 2025 06:09am
- In preparation for the US government's potential imposition of tariffs on pharmaceuticals, the Korea Biotechnology Industry Organization (KoreaBIO) has followed the Ministry of Health and Welfare in submitting an official opinion statement. The opinion statement submitted to the US government states that South Korea is a reliable partner in the US medicine supply chain and is capable of supplying expensive prescription drugs to the US at low prices. KoreaBIO announced on the 7th that it had officially submitted a statement regarding the “National Security Investigation of Pharmaceutical and Pharmaceutical Ingredient Imports” to the U.S. government on the 6th (U.S. local time). The U.S. Department of Commerce launched an investigation on the 1st of last month to assess the impact of pharmaceutical and pharmaceutical ingredient imports on national security. As part of this effort, the department solicited public comments from stakeholders in various countries from the 16th of last month to the 7th of this month. In its statement, the KoreaBIO emphasized that “Korea is a reliable partner in the U.S. pharmaceutical supply chain and an affordable partner capable of supplying high-cost prescription drugs at lower prices.” KoreaBIO cited the National Security Commission on Emerging Biotechnology (NSCEB), an advisory body to the U.S. Congress, in expressing concerns over the imposition of tariffs on pharmaceuticals. The NSCEB previously stated that “the United States must develop innovative biotechnology and cooperate with its allies to stabilize the supply chain for the sake of national security.” KoreaBIO explained, “Korea plays a crucial role as a partner producing pharmaceuticals needed by the U.S.,” adding, “Especially, Korea is gradually expanding cooperation with U.S. companies for the contract manufacturing of biopharmaceuticals.” KoreaBIO warned that “It takes at least several years to develop a stable pharmaceutical supply chain in the United States,” and that “imposing tariffs before the supply chain is established in the United States could lead to drug supply shortages for American patients, ultimately having a negative impact on U.S. national security.” KoreaBIO emphasized, “Korea is making a significant contribution to the Trump administration's efforts to expand access to affordable medicines through active development and supply of biosimilars. Korea plays a crucial role in supplying the medicines and pharmaceutical raw materials needed by U.S. patients stably and cost-effectively.” Finally, KoreaBIO reiterated, “We request that the U.S. government refrain from imposing trade restrictions such as tariffs on pharmaceuticals. If such measures are unavoidable, we request that pharmaceuticals and pharmaceutical raw materials produced in allied countries such as South Korea, which do not pose a threat to U.S. national security, be exempted.” The U.S. government's decision on whether to impose tariffs on pharmaceuticals remains undecided, despite the announcement of a “separate application” policy on May 2. Earlier, U.S. President Donald Trump announced plans to impose tariffs on a wide range of products worldwide. Specifically, tariffs of 25% would be imposed on aluminum, steel, and automobiles, while a basic tariff of 10% would apply to all other products. However, all measures other than tariffs on China have been postponed. Pharmaceuticals have been temporarily excluded from the 10% basic tariff. The White House explained on the 2nd of last month that “President Trump is considering separate industry-specific tariffs on semiconductors, pharmaceuticals, and key minerals.” The MOHW also submitted a statement with a similar message on the 4th (local time). The MOHW emphasized that “imports of Korean pharmaceuticals do not pose a threat to US national security and rather contribute to supply chain stability and improving patient access, so tariffs are unnecessary.” The MOHW emphasized that “the trade of pharmaceuticals between South Korea and the US is a strategic cooperation based on mutual trust and has contributed to the strong alliance between the two countries,” adding, “Despite the difference in the size of the pharmaceutical industries and medical markets of the two countries, the US is a major importer of pharmaceuticals in South Korea, which demonstrates the close economic and health cooperation forged between the two countries.” The MOHW explained, “Practical cooperation is important for stabilizing the drug supply chain in the US and reducing the burden on patients. Korean CDMO companies can support US pharmaceutical companies' dual sourcing and contribute to supply chain stability and reducing the burden of drug prices on patients. The joint response of the two countries during the pandemic demonstrates how such cooperation is directly linked to national security.” The MOHW said, “We look forward to maximizing mutual benefits through future cooperation based on mutual trust,” and proposed, “We will strengthen cooperation between the two countries to enhance access to essential medicines and promote innovation, and maximize mutual benefits by establishing a supply chain based on mutual trust.”
- Company
- FDA approves Huons' two Lidocaine Inj products
- by Lee, Seok-Jun May 08, 2025 06:08am
- Huons has received U.S. Food and Drug Administration (FDA) approval for two of its lidocaine local anesthetic products, marking its expansion into the North American market. On the 7th, Huons (CEO Soo-young Song) announced that it has obtained FDA approval for its “1% Lidocaine 200 mg/20 mL” and “(2% Lidocaine 400 mg/20 mL multi-dose vial” on the 5th (US local time). The multi-dose vial products that were granted marketing authorizations this time are formulations that add a preservative to the previously approved lidocaine injection to enable multiple uses after opening. Huons submitted the application in January and received approval in just 4 months. Like the previously approved 1% and 2% lidocaine hydrochloride injection single-dose vials (5 mL), the new products have demonstrated bioequivalence with the reference drug, Xylocaine Injection. This FDA approval marks Huons’ sixth and seventh products to enter the U.S. market. Previously, Huons received 5 FDA approvals: △sodium chloride injection (July 2017) △1% lidocaine hydrochloride injection 5mL ampoule (April 2018) △0. 75% bupivacaine hydrochloride injection 2mL ampoule (December 2019), △1% lidocaine hydrochloride injection 5mL vial (May 2020), and △2% lidocaine hydrochloride injection 5mL vial (June 2023). The 0.75% bupivacaine hydrochloride injection and 2 other products have already been approved by Health Canada and are currently being exported to Canada. Huons plans to focus on expanding exports to the North American market through the recent approval. The North American local anesthetic market is estimated to be worth KRW 500 billion. In particular, the company plans to begin full-scale operation of its new injection line at its Cheongju Plant 2 in the second half of this year to expand sales. Soo-young Song, CEO of Huons, stated, “The two lidocaine injection products approved by the U.S. FDA hold significance as they are highly versatile multi-use vials. With this approval, we plan to work to further solidify our position in the North American market by leveraging our portfolio of high-quality local anesthetics across multiple product lines.”
- Company
- Global pharmas showcase results at ARVO 2025
- by Cha, Jihyun May 08, 2025 06:08am
- The Association for Research in Vision and Ophthalmology (ARVO 2025) began on May 4 (local time) in Salt Lake City, Utah, USA. ARVO is the world's largest meeting of vision and ophthalmology researchers, attracting over 10,000 participants each year, and ARVO 2025 is being held over five days at the Salt Palace Convention Center. The exhibition hall was packed with attendees on the second day, May 5, when the main oral presentations and symposia took place. The slogan for this year's meeting is 'i3: Imagining Innovation and Intelligence in Vision Science,' and sessions focusing on convergent technologies such as artificial intelligence (AI), gene therapy, and regenerative medicine have been greatly expanded. ARVO 2025 More than 200 companies and institutions, including global big pharmas, are exhibiting this year. AbbVie (USA), Boehringer Ingelheim (Germany), Genentech (USA), and Regeneron (USA) each opened booths to showcase their latest technologies and ophthalmic pipelines. ZEISS (Germany) and Astellas (Japan) also promoted high-resolution retinal imaging systems, ocular drug delivery platforms, and patient-customized diagnostic solutions. ARVO 2025 Regeneron, a biotech with a leading global position in ophthalmic diseases, set up its promotional booth at the very center of the exhibition. At ARVO 2025, Regeneron emphasized 'Eylea (aflibercept),' its high-dose formulation for macular degeneration. Eylea HD is a new, high-volume product launched by Regeneron ahead of the original Eylea patent expiry, extending the dosing interval from every eight weeks to every 16 weeks. Regeneron is presenting 27 abstracts at ARVO 2025, eight oral presentations. In particular, Regeneron highlighted Eylea HD's market competitiveness by reporting the results of a meta-analysis, indirectly comparing it with Roche's competitor 'Vabysmo (faricimab).' ARVO 2025 Alcon displayed surgical and vision-care products for various ophthalmic conditions, including cataracts, glaucoma, retinal diseases, and refractive errors. Precision Vision drew attention by allowing attendees to try its virtual reality (VR)–based vision testing tools firsthand. Precision Vision has over 60 years of history in vision testing and visual function assessment equipment. LUXA Biotechnology, a subsidiary of Korea's Y2 Solution, drew particular interest by presenting clinical results for its dry age-related macular degeneration (AMD) therapy. LUXA was established in 2019 through Y2 Solution's investment and a joint venture with the U.S.'s first independent stem cell research institute, NSCI. Y2 Solution currently holds a 50% stake. At this meeting, LUXA presented preclinical data for its dry AMD cell therapy candidate 'RPESC-RPE-4W.' RPESC-RPE-4W is an adult retinal pigment epithelial stem cell (RPESC)–based therapy in which mature RPE cells derived from RPESCs are transplanted into the patient's subretinal space to restore damaged vision. It is currently in Phase 1/2a clinical trials. ARVO 2025 The RPESC-RPE-4W preclinical session drew over 200 attendees, creating an electrifying atmosphere. The session room was packed even before the presentation began, and many attendees who could not find seats stood throughout the talk. Dr. Brigitte Arduini, who presented the preclinical data, said, "In animal models receiving subretinal transplants, RPESC-RPE-4W demonstrated stable cell engraftment without serious adverse reactions or tumor formation," and added, "The transplanted cells positively influenced photoreceptor preservation and retinal structure maintenance, showing potential for functional vision improvement." Dr. Arduini added, "RPESC-RPE-4W showed minimal immune rejection post-transplant, suggesting high immunocompatibility consistent with adult-derived cell characteristics. These preclinical results will provide critical evidence for future clinical studies and open up new possibilities for treating dry AMD."
