AI-generated image. / Rangfun Media The United States is on the verge of enacting legislation that would automatically recognize all biosimilars as “interchangeable” with their reference products. According to the KoreaBIO Bioeconomy Research Center on the 14th, the US Senate Com
2026-06-14
AI-generated image. /Langfun Media The US Food and Drug Administration (FDA) has approved a new sunscreen ingredient for the first time in more than 20 years, signaling a potential shift in the US sun care market. The FDA said on the 9th (local time) that it had added bemotrizino
2026-06-12
Ministry of Health and Welfare Sejong Government Complex./ Rangfun Media The Ministry of Health and Welfare is taking a firm stance against abnormal medical practices, including ineffective treatment and excessive prescribing of controlled substances, with measures that may inclu
2026-06-10
AI-generated image. /Rangfun Media The U.S. Department of Defense has officially designated BGI and WuXi AppTec, two leading Chinese biotechnology companies, as “Chinese military companies,” with major repercussions expected for the global biotechnology supply chain. The KoreaBIO
2026-06-09
Image for illustrative purposes / GPT The U.S. Supreme Court sided with the generic drug industry's early-market launch strategy known as a "skinny label," ruling against originator drugmaker Amarin. According to BioPharma Dive on the 5th (local time), the U.S. Supreme Court unan
2026-06-06
Image for illustrative purposes / GPT The United States is moving to significantly streamline the investigational new drug (IND) application process to accelerate new drug development. According to a report from the KoreaBIO Bioeconomy Research Center on the 6th, the U.S. House o
2026-06-06
Image for illustrative purposes / GPT The U.S. Congress has introduced a sweeping regulatory bill to prevent U.S. capital and technology from flowing into China’s biotech industry, intensifying the U.S.-China competition for biotech leadership. According to biotech publication Fi
2026-06-05
Image for illustrative purposes / GPT Dacarbazine injection, whose supply had been unstable because of profitability concerns, has found a path to stable distribution through direct government intervention. The Ministry of Food and Drug Safety said on the 5th that it would supply
2026-06-05
Ministry of SMEs and Startups logo The government is pursuing the designation of regulatory-free zones in the bio sector, including allowing medical cannabis cultivation in Gyeongbuk and easing regulations on clinical trials involving companion animals in Jeonbuk. According to th
2026-06-05
Image for illustrative purposes / GPT The results of the first comprehensive survey assessing the current state of South Korea’s medical device industry have been released. The Korea Health Industry Development Institute announced on the 5th that it had published the “First Medic
2026-06-05
Merck’s $1.3 trillion eye disease drug raises safety and efficacy concerns: “Limited competitiveness”
CHA Biotech Holds 24.23% Stake in CMG Pharmaceutical as Share Consolidation Reduces Its Share Count
Rural Development Administration Develops Two Molecular Markers to Identify Leaf Splitting in Squash
