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Company
Celltrion, achieved first $1 billion exports in Korea
by
Chon, Seung-Hyun
Dec 9, 2019 06:26am
Celltrion Healthcare announced on the 5th that it won '$1 Billion Export Tower award ' at the 56th Trade Day Ceremony hosted by the Korea International Trade Association. Celltrion Healthcare is the first Korean pharmaceutical bio company to surpass $1 billion in annual exports. Only five companies have received more than $1 billion towers.
Company
Terramycin out again, Pfizer says February next year
by
Jung, Hye-Jin
Dec 9, 2019 06:26am
Pfizer Korea¡¯s Terramycin ophthalmic ointment (3.5 g) is out of stock yet again. Pharmacies are expecting to fall into confusion as the versatile ointment is used vastly with affordable reimbursed price for various conditions. Pfizer Korea notified distributors and pharmacies recently that the production schedule of Terramycin ophthalmic
Company
Xolair reimbursed in China, Concerns over Korea Passing
by
Kim, Jin-Gu
Dec 6, 2019 09:46am
Novartis' Xolair is listed as a reimbursed drug in China. Analysts say that 'Korea Passing' is a reality in the industry Xolair, a chronic rash treatment drug, has been cited as one of the leading examples of Korea Passing, 'withholding or withdrawal of reimbursement in Korea to be listed in China and other countries'. China's Nation
Company
High-risk osteoporosis should increase bone formation first
by
Eo, Yun-Ho
Dec 6, 2019 09:43am
¡°For a high-risk patient, it would be better to use effective bone-forming agent from the beginning.¡± Amgen Korea held a press conference held on Dec. 4 for the launch of Evenity (romosozumab-aqqg), where Chair Chung Ho-yeon of Korean Society for Bone and Mineral Research (KSBMR) stressed on the importance of top-down style prescription
Company
3rd PARP inhibitor Talzenna readies for Korean market
by
Eo, Yun-Ho
Dec 6, 2019 09:39am
A pharmaceutical industry source reported on Dec. 6 that Pfizer Korea has recently submitted an application to Ministry of Food and Drug Safety (MFDS) for an approval on PARP inhibitor Talzenna (talazoparib). When it gets the green light from the ministry, it would be the third PARP inhibitor medicine in Korea to enter the market, followi
Company
Ildong exclusively sells 9 kinds of GSK generic drugs
by
Chon, Seung-Hyun
Dec 4, 2019 06:41am
Ildong Pharmaceuticals announced on the 2nd that it has signed 9 co-promotional contracts with GlaxoSmithKline Consumer Healthcare Korea, including general medicines. With this agreement, Ildong Pharmaceuticals is a comprehensive cold medicine ¡® theraflu¡¯, an ophthalmic drug ¡®Otrivin¡¯, a non-smoking supplement ¡®Nicotinell¡¯, a hyperhidr
Company
Narcolepsy treatment, Nuvigil settled down in Big 5 hospital
by
Eo, Yun-Ho
Dec 4, 2019 06:41am
Narcolepsy treatment, Nuvigil are facing the entry in Big 5 hospitals. According to the industry, Handokteva's Nuvigil (Amordafinil) has passed the SNUH,¡¡Severance Hospital, SMC, and ASAN Medical Center's drug commitee (DC). In addition, prescription code was generated at St. Vincent's Hospital of Catholic University. The system of St.
Company
Vyndaqel quick to request for ATTR-CM indication
by
Eo, Yun-Ho
Dec 3, 2019 08:14pm
In Korea, a rare disease treatment, Vyndaqel is applying for an expanded use in patients with transthyretin amyloid cardiomyopathy (ATTR-CM). In September, Pfizer Korea submitted an application to Ministry of Food and Drug Safety (MFDS) for approval on expanded indication for Vyndaqel, currently approved for treating hereditary transthy
Company
8 multinational companies name new CEOs in Korea
by
Eo, Yun-Ho
Dec 3, 2019 03:21pm
Sources report eight global pharmaceutical companies have appointed new CEOs of Korean affiliates this year only. Daily Pharm surveyed a roster of major 30 multinational companies¡¯ Korean affiliate CEOs as of Dec. 4, and found about 28 percent of the companies have either replaced or newly appointed the top executive personnel. Whi
Company
Counterattack of Valsartan¡¯s Pharmaceuticals
by
Chon, Seung-Hyun
Dec 3, 2019 05:54am
Pharmaceuticals filed an alleged class action lawsuit against health authorities. A lawsuit was filed preemptively that the government can not accept the Valsartan claim. Cost liability for follow-up of impurity drugs has been determined in court. According to the industry, 36 pharmaceutical companies recently filed a lawsuit to confirm th
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