Most Popular
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Yoon's approval rating plunges to all-time low
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S. Korea votes in favor of Palestinian bid for UN membership
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Russia's denial of entry of S. Korean national unrelated to bilateral ties: Seoul official
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Bae Doo-na shares portraying Korean identity in Hollywood's 'Rebel Moon'
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[From the Scene] Monks, Buddhists hail return of remains of Buddhas
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Medical schools granted enrollment quota flexibility for next year
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Yoon offers first one-on-one meeting with opposition leader next week
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France rejects opening Paris flight routes to T'way Air, deals blow to Korean Air merger
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Iran fires air defense batteries in provinces as sound of explosions heard near Isfahan
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Chinese man behind drug scam targeting teens nabbed in Cambodia
LG Chem Ltd., South Korea‘s leading chemical company, said Wednesday that it has begun selling its biosimilar etanercept for the treatment of rheumatoid arthritis in Japan.
The move came four months after the Japanese Ministry of Health, Labor and Welfare approved Etanercept BS, LG Chem’s biosimilar to Amgen Inc.‘s Enbrel.
Etanercept BS is the first biosimilar etanercept introduced in the Japanese market, which is estimated to be worth $400 billion ($370 million).
LG Chem said it supplies Etanercept BS to Japan’s Mochida Pharmaceutical Co., which in turn provides the biosimilar to another Japanese distributer, Ayumi Pharmaceutical Corp., for sale to consumers.
A biosimiliar is a biologic medical product which is a near-identical copy of an original product made by a different company. (Yonhap)
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