LG Chem announced on May 8 that it had hosted the Zemi-CONNECT Global symposium in Bangkok, Thailand, gathering over 120 endocrinologists from Korea, Thailand, and the Philippines.
During the event, the company officially announced the launch of Zemidapa in Thailand and outlined its global business expansion plans.
The symposium was held as part of the official agenda of the International Diabetes Federation (IDF) 2025 Congress, where LG Chem participated as a main sponsor.
Zemidapa is a fixed-dose combination therapy that brings together two active ingredients: Zemiglo, Korea¡¯s first domestically developed DPP-4 inhibitor, and dapagliflozin, an SGLT-2 inhibitor.
LG Chem prioritized entry into the Thai market, where it has established a direct sales infrastructure, as the first step in Zemidapa¡¯s global expansion strategy.
According to IQVIA MIDAS, a global pharmaceutical market research firm, the combined market for DPP-4 and SGLT-2 inhibitors in Thailand is estimated at approximately KRW 250 billion in 2024.
An image of the new diabetes combination drug Zemidapa, launched by LG Chem.
Notably, the market for fixed-dose combination therapies combining the two classes has recorded an average annual growth rate of 36% over the past three years.
LG Chem emphasized that entering this combination therapy market as the second player is significant in securing an early foothold for market leadership.
LG Chem plans to create business synergy in Thailand by leveraging its existing sales networks for Zemiglo and Zemimet.
With the launch of Zemidapa, the company aims to expand prescription options while strengthening local academic marketing efforts and customer networks to drive further growth in its Thai operations.
As of last year, Zemiglo and Zemimet held approximately 13% of the DPP-4 inhibitor market in Thailand, establishing themselves as leading products driving the growth of the country¡¯s diabetes treatment sector.
Hwang In-chul, Head of LG Chem¡¯s Primary Care Business Unit, stated, ¡°In Thailand, there is a growing focus on managing young-onset diabetes (YOD), which refers to patients diagnosed under the age of 40. As a result, demand is expected to rise for combination therapies like Zemidapa and Zemimet, which offer strong glucose-lowering effects.¡±
He added, ¡°Starting with the launch of Zemidapa in Thailand, we aim to expand our business performance across ASEAN and Latin American markets.¡±
LG Chem plans to continue exporting Zemidapa to countries including the Philippines, Mexico, and Brazil.
LG Chem and Noritake Co-Develop High-Performance Paste for Automotive Power Semiconductors
Both companies form strategic partnership to advance materials for next-generation automotive power semiconductors.
LG Chem announced on June 16 that it has co-developed a high-performance silver paste with Japan¡¯s Noritake, designed specifically for bonding silicon carbide (SiC) chips to substrates in automotive power semiconductors.
Noritake is a leading Japanese company with over 120 years of expertise in advanced ceramics, supplying grinding wheels, materials for electronic components, and kilns (thermal processing equipment) for applications in the semiconductor and automotive industries.
As the automotive electrification and autonomous driving technologies experience a rising trend, the demand for power semiconductors is growing rapidly.
However, traditional soldering methods, which rely on melting metals to join components, have become less effective as the operating temperatures of power devices increase.
This has created a growing need for paste that can maintain stability and performance under high thermal conditions.
The silver paste co-developed by LG Chem and Noritake is a high-performance paste containing nano-sized silver (Ag) particles, combining LG Chem¡¯s particle engineering technology with Noritake¡¯s particle dispersion expertise.
The two companies achieved superior heat resistance and thermal conductivity in a single formulation.
Unlike conventional silver pastes, which require cold storage and have a short storage life that complicates inventory management, the new product offers long-term stability at room temperature.
This improvement enhances transportation and storage efficiency, while also extending the usable time within customer processes—ultimately reducing material loss.
Building on this successful collaboration, LG Chem and Noritake plan to pursue further joint development of next-generation materials for future automotive applications.
The global silver paste market for automotive power semiconductors is expected to grow from KRW 300 billion in 2025 to KRW 850 billion by 2030.