•  11/20/2020 04:23 AM

Biotech companies here, including Samsung Biologics and Celltrion, will invest a combined 10 trillion won ($9.03 billion) by 2023 in line with President Moon Jae-in's initiative to make biotechnology a growth driver for Asia's fourth-largest economy. This comes in response to an administration initiative unveiled Wednesday to help these firms upgrade their structure for the manufacture and distribution of drugs and medical devices, and to hire more talented employees.

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  •  11/19/2020 12:52 AM

Cipla has signed a licensing agreement with a Belgium-based firm, Multi G for the distribution of their COVID-19 rapid antibody test kit, across most Emerging markets and Europe.

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  •  11/19/2020 12:42 AM

Pfizer Inc. said a final analysis of clinical-trial data showed its Covid-19 vaccine was 95% effective, paving the way for the company to apply for the first U.S. regulatory authorization for a coronavirus shot within days.

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  •  11/10/2020 03:16 AM

While much of the world focused on Pfizer and BioNTech’s positive COVID-19 vaccine news on Monday, analysts started gaming out potential ripple effects, namely for companies making coronavirus therapeutics.

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  •  11/4/2020 02:24 AM

This month, about 80 more volunteers will be vaccinated at the two hospitals, with half receiving a vaccine and the others receiving a placebo vaccine.

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  •  11/2/2020 07:22 AM

Last week, the U.S. Food and Drug Administration (FDA) Office of Prescription Drug Promotion (OPDP) posted two more warning letters for 2020, bringing the tally to five warning and untitled letters for the year.

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