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The Korea Herald

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Hanmi inks $1.26b licensing deal with Eli Lilly

Hanmi Pharmaceutical said Monday it has clinched an outlicensing contract with Eli Lilly for sonefpeglutide, its long-acting glucagon-like peptide 2, or GLP-2, drug candidate, in a deal potentially worth up to $1.26 billion. According to the Korean drugmaker, it will receive an upfront payment of $75 million and could earn up to $1.19 billion in additional milestone payments depending on clinical development, regulatory approvals and commercialization. Hanmi Pharmaceutical will also be eligible

The Korea Herald

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USFK says S. Korea-US alliance remains committed to 'conditions-based' OPCON transfer

The South Korea-US alliance remains committed to a "conditions-based" transfer of wartime operational control to Seoul from Washington, a US Forces Korea official said Wednesday, amid a report that the US military has expressed concerns over a potentially rushed OPCON transition. The official's remarks came after the Chosun Ilbo, a Korean daily, reported that USFK told the South Korean side a hurried OPCON transition would make it difficult for American troops to come under South Korean operatio

The Korea Herald

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SpaceX carries out mostly successful Starship test flight

SpaceX's Starship spacecraft splashed down into the Indian Ocean Friday after the company performed a mostly successful test flight of the latest version of its enormous rocket. The voyage was not without a few glitches, but SpaceX employees shown on a livestream roared in delight following the trial flight that comes as the firm owned by Elon Musk prepares a potentially record initial public offering. The mammoth rocket blasted off into space at just after 5:30 p.m. local time. The company did

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Hanmi inks $1.26b licensing deal with Eli Lilly

USFK says S. Korea-US alliance remains committed to 'conditions-based' OPCON transfer

SpaceX carries out mostly successful Starship test flight