No Korea-Originated New Drugs Approved Domestically In 2023

But Carvykti Becomes Second CAR-T

Notable new drug approvals in South Korea last year included Pfizer’s Tukysa, Genentech’s Columvi and BeiGene’s Tevimbra, but the tally did not include any domestically-originated products. Alzheimer’s disease therapy lecanemab may be on the horizon this year.

various drugs
Korea’s Homegrown Novel Drug Approvals Continue To Drop • Source: Shutterstock

Drug approvals in South Korea fell in calendar 2023 amid the shift of COVID-19 to endemic from pandemic status, as domestic pharma firms began to shift their focus back to normalized R&D activities after the rush to develop therapeutics and vaccines against SARS-CoV-2.

Among the notable marketing nods was that for Janssen Biotech Inc.’s Carvykti (ciltacabtagene autoleucel), which became the second CAR-T...

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