Medytox Accelerates Global Distribution of 'Newraderm' in Europe and Asia Medytox's neurodermal cosmetic brand, Newraderm, is accelerating its global expansion by securing distribution networks in Europe following its success in Asia.On June 8, Medytox announced that it has signed an exclusive supply agreement with Greece's Asklipios Medical Group (AMG), a medical device and cosmetics distribution company.With this agreement, Newraderm will expand its reach to seven European countries, including Greece, Italy, Spain, and France, in addition to its existing presence in June 8, 2026

Competition Heats Up for Dupixent, a $27 Billion Blockbuster Drug The competition among South Korea's pharmaceutical and biotech industries is intensifying over Dupixent, a blockbuster drug with annual global sales reaching $17.8 billion (approximately 27 trillion won). Following Jongkundang's entry into European clinical trials, Daewoong Pharmaceutical and Samsung Bioepis are also vying for market dominance, positioning themselves in the emerging biosimilar battleground. As of June 8, industry sources indicate that Dupixent, a dual interleukin inhibito June 8, 2026

Medical Association Discusses Key Healthcare Issues at 2026 Conference Amid ongoing turmoil in the medical community due to conflicts between physicians and the government over the past two years, a forum is set to discuss the future direction and key policy issues in healthcare. The Korean Medical Association announced on June 8 that it will hold the "2026 Korean Medical Association Conference" on June 12 at the Plenty Convention Center, outlining the main agenda and session structure for the event. The conference, themed "Communication and Empathy: Open June 8, 2026

President Lee Addresses Election Paper Shortage at Meeting with Key Officials President Lee Jae-myung addressed the shortage of ballots during the June 3 local elections, stating, "Regardless of the number, the failure to guarantee the exercise of voting rights and adequate realization of citizen sovereignty is a very serious issue that leaves us speechless."The president made these remarks during a meeting with key officials at the Blue House.Attendees included National Assembly Speaker Cho Jung-sik, Prime Minister Kim Min-seok, Constitutional Court Chief Kim Sang-hwan, June 8, 2026

President Lee: Media Must Bear Responsibility for Special Protections President Lee Jae-myung emphasized the importance of the media during a press conference on June 8, stating, "The media is crucial. It is one of the key pillars supporting a democratic republic. Therefore, it must be protected and guaranteed. However, it must also bear corresponding responsibilities." During the event at the Blue House, he remarked, "The media should be protected. In a democratic society, information serves as the basis for the judgment of the sovereign, and the primary June 8, 2026

One in Five Wage Workers in South Korea Lacks Retirement Benefits More than one in five wage workers in South Korea are estimated to be in a blind spot regarding retirement benefits. Despite the expansion of retirement pension systems and improvements in regulations, the increase in part-time, short-term, and non-regular workers, particularly among women and youth, has significantly contributed to this issue. According to a report by the Korea Labor Institute titled "Estimation and Characteristics of the Retirement Benefit Blind Spot," approximately 471, June 8, 2026

Orion Experiences First Partial Strike Amid Labor Dispute Orion's sales labor union has initiated its first partial strike in the company's history amid ongoing disputes over wage system reforms. The food industry is closely watching the situation as companies face prolonged domestic stagnation and rising labor costs. According to industry sources, the Orion branch of the Korean Confederation of Trade Unions conducted a partial strike from June 4 to June 5. Approximately 70 sales employees responsible for supplying and selling products to domest June 8, 2026

Token Securities Market Faces Challenges Amid Competition for Platform Dominance As the implementation of the token securities (STO) system approaches, competition among brokerages to dominate the market is intensifying. Major firms are accelerating efforts to build issuance and distribution platforms and secure blockchain infrastructure. However, concerns are growing that there are 'no products to trade' in the market. While competition for distribution platforms heats up, the issuance ecosystem is struggling to gain traction, raising fears that the token securities ma June 8, 2026

Jensen Huang: Now is Hyundai's Time as He Showcases Physical AI Alliance "The era after artificial intelligence (AI) will be Hyundai Motor Group's time." On June 8, Jensen Huang, CEO of NVIDIA, visited Hyundai Motor Group's Yangjae headquarters, emphasizing the scalability of the company's physical AI. Dressed in a black leather jacket, Huang was welcomed by Chairman Euisun Chung and Vice Chairman Jae-hoon Chang. After passing through the main entrance, he took time to sign autographs and pose for photos with employees gathered on the right side. The atmosphe June 8, 2026

Samsung Heavy Industries Finalizes Major FLNG Contract in Africa Samsung Heavy Industries announced on June 8 that it has finalized a contract worth 3.6536 trillion won for a large floating liquefied natural gas (FLNG) production facility with a shipowner in Africa. The finalized FLNG contract follows preliminary work agreements and ongoing processes. Currently, the upper module work is underway, and the facility is expected to be delivered in 2028 after module installation and commissioning. The FLNG, which will be installed offshore, is emerging as a June 8, 2026