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News
Humedix posts record Q2 sales on Re2O growth, ophthalmic solution orders
1+ hour, 34+ min ago (391+ words) Humedix posted record quarterly sales in the second quarter, driven by strong demand for its aesthetics products and increased orders for ophthalmic solutions. The aesthetics-focused affiliate of Huons Group said Friday that second-quarter sales on a standalone basis reached 50.4 billion…...
Former Bridge Biotherapeutics CEO Lee resurfaces in biotech after BBT-877 fallout
2+ hour, 24+ min ago (1621+ words) Lee Jung-kue, founder and former CEO of Bridge Biotherapeutics, is re-emerging in the biotech industry again less than a year after stepping down from the company he led for nearly a decade. According to industry sources, Lee has emerged as…...
EuBiologics H1 sales, profit fall from high base after 2025 cholera vaccine surge
1+ day, 2+ hour ago (315+ words) EuBiologics reported weaker first-half earnings this year as sales and operating profit fell from an unusually high base created by concentrated emergency cholera vaccine shipments a year earlier. The Korean vaccine maker said in its half-year report Thursday that revenue…...
Kolmar Korea, Cosmax post record Q2 results as K-beauty demand surges
1+ day, 8+ hour ago (1054+ words) Kolmar Korea and Cosmax posted record quarterly sales and operating profit in the second quarter, as the global K-beauty boom continued to drive orders from Korean indie brands expanding across the U.S., Europe and other overseas markets. The strong results also…...
Shaperon faces Kosdaq watchlist despite 5-for-1 share consolidation
2+ day, 2+ hour ago (425+ words) Shaperon is set to be designated an administrative issue on the Kosdaq as its shares remain far below the exchange’s new 1,000 won ($0.71) minimum-price threshold, while the biotech company is counting on a five-for-one share consolidation taking effect Sept. 8 to eventually…...
Celltrion’s Xolair biosimilar grabs over 90% of Spain’s omalizumab market
2+ day, 8+ hour ago (455+ words) Celltrion is strengthening its foothold in Spain and Portugal through a string of public tender wins and growing uptake of its newly launched biosimilars, with its Xolair (omalizumab) biosimilar Omlyclo estimated to have captured more than 90 percent of the Spanish…...
Kolon Pharma spins off drug R&D unit to launch TonX BIO
3+ day, 2+ hour ago (815+ words) Kolon Pharma is spinning off its drug development business to establish TonX BIO (pronounced "T-on-X Bio"), returning to an independent management structure three years after absorbing oncology drug developer FlatBio to bring its R&D capabilities in-house. The new company…...
Huons Q2 sales fall 5.8% on US export halt, CGM business exit
3+ day, 2+ hour ago (330+ words) Huons reported weaker second-quarter results from a year earlier, with sales and operating profit declining and net profit swinging to a loss amid the discontinuation of its continuous glucose monitoring business and a temporary suspension of U.S. exports. Huons said Tuesday…...
GC Cell taps Lotte Biologics veteran to drive global partnerships, new business
3+ day, 7+ hour ago (156+ words) GC Cell said Monday that it has appointed Son Ju-hee as head of business development to strengthen its BD capabilities. Son graduated from Chungbuk National University’s College of Veterinary Medicine and earned a master’s degree in internal medicine. She later…...
OliX names RNAi drug development veteran Min Ji-young as chief development officer
4+ day, 48+ min ago (487+ words) Korean RNA interference (RNAi) company OliX Pharmaceuticals said it has appointed Min Ji-young, a drug development expert with 20 years of experience in RNAi and nucleic acid therapeutics, as executive vice president and chief development officer (CDO). Min has worked across…...