SK Biopharm Partners with Biohaven for Epilepsy Drug Development Worth Up to $795 Million
SK Biopharm has entered into a partnership with Biohaven to acquire a clinical-stage epilepsy drug candidate and related drug development platform. The deal is valued at up to $795 million.On August 26, SK Biopharm announced that it signed a global exclusive licensing agreement with Biohaven for the epilepsy drug candidate Opakalim (BHV-7000), other Kv7 potassium channel activator compounds, and the Kv7 drug development platform.Opakalim is being developed for patients with partial seizures (foc
SK Biopharm CEO Lee Dong-hoon Purchases $1.8 Million in Company Shares, Expresses Confidence in Long-Term Growth
Lee Dong-hoon, CEO of SK Biopharm, has purchased 180 million won (approximately $1.8 million) worth of company shares, a move interpreted as a demonstration of management's confidence in the company's growth. SK Biopharm announced on the 31st that Lee acquired 2,000 common shares on the 27th at an average price of 90,898 won per share. This purchase occurred the day after the company revealed the introduction of its next-generation global drug candidate, 'Opacalim.' SK Biopharm plans to develop
Former Soldier Reflects on Defense Minister Nominee Kang Shin-cheol's Leadership
A former soldier's reflection on Kang Shin-cheol, the nominee for Defense Minister and current ambassador to Saudi Arabia, has garnered attention.On August 30, a post appeared on an online community from a soldier who served under Kang when he was the commander of the Army's 11th Division 9th Brigade.The author, identified as A, recalled that Kang was a brigade commander who had primarily worked in the Ministry of Defense and the Blue House before his first assignment to a field unit. "He was so
Innocean Expands Business in the U.S. with New Clients Including Five Guys
Innocean is rapidly expanding its business competitiveness in the U.S., the world's largest advertising market, by acquiring notable non-affiliated clients. On August 31, Innocean announced that it has recently secured new clients, including the American burger brand Five Guys, the California Lottery, and the premium beauty tool brand Tweezerman. Innocean's U.S. media subsidiary, Canvas Worldwide, has been selected as the Agency of Record (AOR) for Five Guys. Founded in 1986, Five Guys is a glob
Gwangju City Council Opens First Regular Session of the 10th Assembly
The Gwangju City Council will hold its first regular session of the 10th assembly from September 1 to 10, focusing on budget reviews and current administrative issues.According to the council, a total of 17 agenda items will be reviewed, including the budget for the 2025 fiscal year, approval of contingency expenditures, and various ordinances.This regular session is particularly noteworthy as it marks the first since the establishment of the 10th Gwangju City Council.The council plans to assess
IPARK Hyundai Development Surpasses 100 Billion Won in Quarterly Operating Profit for First Time in Five Years
IPARK Hyundai Development has improved both profitability and financial stability, continuing its upward performance trend thanks to the ramp-up of revenue from in-house projects and strong site performance.The company reported on August 31 that its consolidated revenue for the second quarter of 2026 reached 914.6 billion won, with an operating profit of 122.7 billion won. This marks a 35.7% increase in revenue and a 53.1% increase in operating profit compared to the previous quarter, and a 52.9
Kim Na-hee Marries Businessman in Ceremony Attended by Celebrities
Kim Na-hee, a 38-year-old singer and comedian, married a non-celebrity businessman on August 30 at a wedding venue in Jung-gu, Seoul.According to Yonhap News, the ceremony was attended by fellow entertainers, including singers and comedians. Lee Chan-won served as the host for the first part of the ceremony, while Song Ga-in, who appeared with Kim on the show 'Miss Trot,' performed a congratulatory song.The couple began dating just ten days after meeting through a mutual acquaintance, nurturing
SK Innovation Shares Rise 6% Following SK On's U.S. ESS Supply Contract
SK Innovation is experiencing a strong early trading surge of over 6% following news of a large battery supply contract for energy storage systems (ESS) from its subsidiary, SK On.As of 9:43 a.m. on the Korea Exchange, SK Innovation's shares were trading at 124,300 won, up 7,400 won (6.33%) from the previous trading day.The increase in investor sentiment is attributed to SK On, the largest shareholder of SK Innovation, signing a long-term supply contract with a U.S. ESS company, accelerating its
K-Beauty's Export Landscape Shifts as Indie Brands Surge
K-Beauty continues to achieve record export figures, with small and indie brands emerging as key players in the export market. The landscape of K-Beauty exports, once dominated by large brands, is rapidly changing, leading to significant growth for contract manufacturers (ODM) as well.According to data from the Korea Customs Service released on August 30, the total export value of cosmetics in the first half of this year (January to June) reached $5.728 billion (approximately 8.502 trillion won)
Chinese President Xi Jinping Welcomed by Kyrgyz President at Airport
Chinese President Xi Jinping visited Kyrgyzstan, a bordering country in Central Asia. Kyrgyz President Sadyr Japarov personally welcomed him at the airport, demonstrating the highest level of protocol.Xi and his wife, Peng Liyuan, arrived in the capital city of Bishkek on the afternoon of August 30, as reported by China's state-run Xinhua News Agency on August 31. President Japarov, along with his wife, greeted Xi at Manas International Airport, expressing his welcome by stating, "You are family