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Company
Baxter-Boryung shake hands on comarketing PN in Korea
by
Eo, Yun-Ho
Feb 12, 2020 06:28am
Boryung Pharmaceutical is to reinforce the sales capacity in Korea for Baxter¡¯s nutrition solution pipeline. Baxter (GM Hyun Dong-wook) announced on Feb. 10 of signing a business partnership agreement with Boryung Pharmaceutical (Co-CEO Ahn Jae-hyun, Lee Sam-soo) on co-marketing the company¡¯s Olimer and two other major nutrition soluti
Company
Lipitor won the market in the 2010s
by
An, Kyung-Jin
Feb 12, 2020 06:27am
In the past decade, Lipitor, the hyperlipidemia drug, recorded the most outpatient prescriptions. Lipitor has been prescribed a total of &8361;1.31 trillion since 2010. After the patent expiration in 2009, even in the offensive of generic drugs, Lipitor showed that it never fell below the second place in prescriptions. The hepatitis B d
Company
JAK-inhibiting oral antirheumatic drug market getting fuller
by
Eo, Yun-Ho
Feb 11, 2020 06:31am
Orally taken antirheumatic treatment, JAK inhibitor drug market in Korea would be soon led by four competitors. According to pharmaceutical industry, the close competition between Pfizer¡¯s Xeljanz (tofacitinib) and Lilly¡¯s Olumiant (baricitinib) would get even intensified as Astellas Pharma¡¯s Smyraf (peficitinib) entered the competit
Company
Pfizer recalling Lipitor and Caduet in defective packaging
by
Jung, Hye-Jin
Feb 11, 2020 06:29am
Pfizer Korea is recalling some of Lipitor and Caduet stocks, not because of the drug itself but because of defective packaging. On Feb. 6, Pfizer Korea disseminated official notice to vendors and requested them to suspend shipping of Lipitor and Caduet. The shipping is halted for Lipitor 10 mg in 90-tablet packaging with manufacturer
Company
MSD¡¯s Spin off completes within this year
by
An, Kyung-Jin
Feb 10, 2020 06:31am
Employees of Korean subsidiaries had begun to stir as Merck (US MSD) declares a division of business. Anxiety over future behaviors is heightening as the company announces the launch of an independent corporation to manage women's health-related products, patent expired drugs, and biosimilars within the year. Decision to split MSD busines
Company
AstraZeneca, decided to withdrawal from the KDPU
by
Kim, Jin-Gu
Feb 10, 2020 06:31am
AstraZeneca Korea decided to withdraw from the KDPU(Korea Democratic Pharmaceutical Union). The branches of the KDPU have been reduced to 18, including 17 multinationals and 1 domestic. According to the pharmaceutical industry on the 6th, the Branch of AstraZeneca Korea under the KDPU has voted for members whether or not to withdraw from t
Company
Ilyang's Supect, good effect on leukemia cells reduction
by
Jung, Hye-Jin
Feb 10, 2020 06:30am
Ilyang announced that its phase III clinical trial of 'Supect', a leukemia treatment drug developed by the company, outperformed than Glivec. Ilyang Pharmaceutical (President Kim Dong-yeon) announced on the 6th that the clinical results were published in British journal of Hematology. In this trial, 241 patients with chronic myelogenous
Company
MFDS to clear Forxiga¡¯s heart failure indication soon
by
Eo, Yun-Ho
Feb 10, 2020 12:17am
Anti-diabetic treatment Forxiga is ready to be reintroduced as a heart failure drug in Korean market as well. According to pharmaceutical industry on Feb. 7, AstraZeneca¡¯s sodium-glucose cotransporter 2 (SGLT-2) inhibitor Forxiga (dapagliflozin) would be soon indicated for reducing the risk of hospitalization by heart failure in patients
Company
Opdivo retries expanding reimbursement without NSCLC
by
Eo, Yun-Ho
Feb 6, 2020 06:31am
Seemingly have given up on expanding reimbursement, Opdivo has turned around and started taking actions again. Nevertheless, its health coverage application excluded indication for lung cancer. According to industry sources, Ono Pharmaceutical and BMS have recently applied for expanding reimbursement on PD-1 inhibitor-based immunotherapy
Company
Pelubi¡¯s indication expansion, seeking for breakthrough
by
Kim, Jin-Gu
Feb 6, 2020 06:30am
Daewon Pharm challenges the expansion of Pelubi's patented indication. Pelubi's indication for osteoarthritis is extended to dysmenorrhea. Recently, Pelubi CR¡¯s phase III trial plan by Daewon was approved from the Ministry of Food and Drug Safety. This is a phase III clinical trial in Korea to evaluate the efficacy and safety of DW9801
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