In a shocking turn of events late Monday, North Korea blasted two ballistic missiles into the ocean off its east coast, according to Reuters, citing a statement from the South Korean military. The audacious launch sent shivers down the spines of global observers, coming hot on the heels of a US nuclear-powered submarine docking in […]
Sosei Group Corporation has announced its decision to acquire all shares of Idorsia Pharmaceuticals Japan Ltd (“IPJ”) and Idorsia Pharmaceuticals Korea Co., Ltd (“IPK”) from Idorsia Ltd and Idorsia Pharmaceutical Ltd, a move that represents a major strategic investment into the Japan and APAC (ex-China) territories. The resolution to carry out this acquisition was made […]
Global investment firm KKR and South Korean online fashion marketplace, MUSINSA have announced the signing of definitive agreements for a Series C fundraise. The deal, which is valued at $190 million, will see funds managed by KKR leading the round, with participation from Wellington Management, one of the world’s largest independent investment management firms. Founded […]
The US military is on high alert as it seeks to ascertain the situation of an American soldier, Private Travis T. King, who reportedly made an unauthorized crossing into North Korea from the inter-Korean border. This unexpected move has led to a new crisis in U.S. relations with the nuclear-armed state. King, who enlisted in […]
In a striking show of allied force against nuclear threats, the U.S. deployed a nuclear-armed ballistic missile submarine (SSBN), the USS Kentucky, to South Korea for the first time since the 1980s, amidst the inauguration of the Nuclear Consultative Group (NCG). This move follows the escalating tensions in the region, particularly after North Korea’s intercontinental […]
Dong-A ST, the South Korean pharmaceutical company, has received confirmation from the European Medicine Agency (EMA) of the acceptance of their Marketing Authorization Application (MAA) for DMB-3115, a biosimilar of Stelara (ustekinumab). The MAA was submitted to the EMA by Accord, a subsidiary of Intas Pharmaceuticals, on June 23rd, and the agency accepted the submission […]
Unveiling its first high-performance, all-electric model, Hyundai Motor Company’s IONIQ 5 N, the vehicle made its global debut at the esteemed Goodwood Festival of Speed in West Sussex, England. The IONIQ 5 N, representing the N brand’s forward-looking strategy towards electrification, signals a paradigm shift for performance enthusiasts seeking to combine their passion for driving […]
As global tensions continue to rise, the United States, South Korea, and Japan convened on Sunday for a collaborative missile defense exercise. This joint operation is aimed at strengthening their combined response to escalating nuclear and missile threats posed by North Korea. The exercise incorporated Aegis radar system-equipped destroyers from all three nations and comes […]
The K-pop community has been dealt another devastating blow with the sudden death of 53-year-old singer Lee Sang Eun on July 6th. Found unconscious in a bathroom minutes before a scheduled performance at the 33rd Regular Concert of the Gimcheon Municipal Choir, she was immediately taken to a nearby hospital, where she was subsequently pronounced […]
In an ambitious move to cultivate quantum science and technology professionals, IonQ, an industry frontrunner in quantum computing based in the US, has joined forces with South Korea’s Ministry of Science and ICT (Information and Communications Technology). The two parties have signed a Memorandum of Understanding (MOU) that sets out their shared intent to bolster […]