Economy
Financing
[Market In] Clean Nation, Now on the Brink of Speculative Grade, Downgraded to BBB-
#Korea Ratings (KR) announced on the 17th that it had downgraded #Clean Nation’s unsecured corporate bonds and corporate credit rating (ICR) from “BBB (Negative)” to “BBB- (Stable).” The credit rating…
Business·Industry
Halozime Finally Abandons UK Patent… Good News for Alteogen? [Exclusive to Edaily]
#It has been confirmed that Altogen’s partner, Merck (MSD), has secured a complete victory in a lawsuit filed in the UK regarding Halozime’s European patent. With Halozime voluntarily revoking its UK …
Business·Industry
KEPCO Appoints Baek Woo-ki and Jeon Chan-hyuk as New Standing Directors
(From left) Baek Woo-ki and Jeon Chan-hyuk, new standing directors of Korea Electric Power Corporation (KEPCO).
#Korea Electric Power Corporation (KEPCO) appointed Baek Woo-ki and Jeon Chan-hyuk a…
Business·Industry
Wontech Obtains ‘Lavian’ Medical Device Certification in South Africa… Enters the African Market
#Wontech, a laser and energy-based medical solutions company, is expanding its reach to the African continent after obtaining medical device certification in South Africa for its cosmetic laser device…
Business·Industry
Penitrium Bio Begins Phase 1 Clinical Trial Combining Its Drug with ‘Keytruda’... Tackling the 137-Year-Old Challenge of Cancer Metastasis
#PenitriumBioScience, which has drawn attention from the global pharmaceutical and biotech industries by elucidating the mechanism of cancer metastasis—a problem that had remained unsolved in oncology…
Business·Industry
"No College Degree Required"... Job Seekers Flock to SK Hanik's Unconventional Hiring Drive
SK Hynix has decided to completely abolish educational requirements starting with its rolling recruitment for new employees, which begins on the 17th. The company aims to break down educational barrie…
Business·Industry
'Cumulative Technology Transfer Value Reaches 3 Trillion Won': Aimed Bio Sees a Series of ADC Technology Transfers
#AimedBio is drawing attention for achieving a cumulative total of 3 trillion won in technology transfer deals while still in the unlisted and preclinical stages. AimedBio was listed on the KOSDAQ mar…
Business·Industry
HLB, 'Ahead of Approval for New Liver Cancer Drug,' May Substitute Written Submission for CMC Inspection… Industry Skepticism
With the decision on whether #HLB’s new liver cancer drug, Riboceranib, will receive U.S. approval just over a month away, the possibility of a Regulatory Review Information (RLI) report has been rais…
M&A·IB
BBB-Rated Companies Left Without Even Policy Support… Facing Delisting If They Can’t Stand on Their Own
Fear in the credit market has reached a fever pitch following the domino-effect court receivership filings by #JR Global REIT and the Joongang Group at the start of the year. While the entire sub-inve…
Bonds·FX Policy
Frozen Credit Market… Even A-Rated Corporate Bonds Can’t Rest Easy in the Second Half
Unrest in the credit market shows no signs of abating. This comes as investor sentiment toward corporate bonds has weakened due to concerns over interest rate hikes and geopolitical risks, compounded …