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Company
Handok has domestic copyright of Exelon & Trileptal
by
An, Kyung-Jin
Nov 27, 2019 06:42am
Novartis Korea handed over copyrights of two neurology products including dementia medicine 'Exelon' to Handok pharmaceuticals. The intention is to organize copyrights for four medicines that were in charge of the department of neurology and concentrate sales marketing activities on the company's flagship products, including new products.
Company
Saxenda easily leads obesity market with KRW 32 bln by 3Q
by
Chon, Seung-Hyun
Nov 27, 2019 06:41am
Novo Nordisk¡¯s Saxenda reaffirmed its unmatched leadership in obesity treatment market. Up to the third quarter this year, the treatment¡¯s accumulated sales surpassed 30 billion won. And also Saxenda¡¯s market share is stabilizing at over 30 percent. According to a pharmaceutical industry research firm IQVIA on Nov. 26, the overall obesity
Company
Talking points on ¡®Korea Passing¡¯ in pharma industry
by
Eo, Yun-Ho
Nov 27, 2019 06:36am
The well-known expression ¡®Korea Passing¡¯, recently used to describe a phenomenon related to foreign affair discrepancies, does not mean the same in pharmaceutical industry. When it comes down to the Korean pharmaceutical industry, the expression does not indicate the U.S. and North Korea neglecting South Korea during the Korean peni
Company
The third JAK1 inhibitor,¡ècompetition in Korea
by
Eo, Yun-Ho
Nov 24, 2019 09:58pm
It is the third rheumatoid arthritis drugs that is expectecd to enter domestic market. According to the industry, Abbie recently filed an application for permission to use 'Upadacitinib' for JAK inhibitors. Given the approval from the FDA in US on the 16th of last month, it is rapidly knocking on the Korean market. Abbie demonstrated t
Company
Big5 hospitals adds Glead¡¯s new HIV option Biktarvy
by
Eo, Yun-Ho
Nov 24, 2019 09:58pm
Glead¡¯s new HIV combination drug, Biktarvy is landing its code on tertiary hospital¡¯s prescription list. According to pharmaceutical industry source, Biktarvy has been passed by drug committee (DC) at the Big Five tertiary hospitals in Korea, including Seoul National University Hospital, Samsung Seoul Medical Center, Severance Hospita
Company
FDA Initiates biologics license of SB8, Samsung Bioepis
by
Chon, Seung-Hyun
Nov 22, 2019 06:32am
Samsung Bioepis announced on the 20th that FDA has initiated the approval and evaluation of the 'SB8' biosimilar of Avastin. In September, the FDA completed BLA for approval and entered into full-scale review for product approval Avastin, the original drug in Roche, has indications for metastatic colorectal cancer and non-small cell lung
Company
Localization of Korean pharmaceuticals in Vietnam is pouring
by
Nho, Byung Chul
Nov 22, 2019 06:32am
Recently, listed pharmaceutical companies are stepping up their efforts to localize Vietnam, which has been spotlighted as a Pharmerging market. Pharmaceutical companies investing in Vietnam include Chong Kun Dang (local branch), JW Pharmaceuticals(acquired Euvipharm), Korea United Pharm. Inc. (local plant), Ctcbio (joint plant),Shin Poong
Company
Teva-Handok turns around and readies CNS for next year
by
Eo, Yun-Ho
Nov 22, 2019 06:32am
Teva-Handok is shooting for business expansion as it scores a turnaround. One of the most prominent multinational pharmaceutical companies, Israel-based Teva was the talk of the year 2013 in Korean pharmaceutical industry when it entered into a joint venture with a Korean pharmaceutical company, Handok. But, Teva-Handok¡¯s performan
Company
AstraZeneca takes back local sales from GC and Daewoong
by
Eo, Yun-Ho
Nov 21, 2019 11:40pm
AstraZeneca is taking back some local sales rights from GC Pharma and Daewoong Pharmaceutical. According to pharmaceutical industry source on Nov. 1, AstraZeneca Korea has recently decided to retrieve local sales and distribution rights of a high blood pressure treatment, Atacand (candesartan) from GC Pharma, and of chronic obstructive
Company
Oral GLP-1 competitiveness depends on price and convenience
by
Nho, Byung Chul
Nov 20, 2019 11:50pm
Although an oral GLP-1 drug, Rybelsus has attracted heightened attention from its market since its recent approval by the U.S. Food and Drug Administration (FDA), it faces some barriers to overcome like inconvenient high-dose regimen and expensive price. Reportedly, once-daily Rybelsus¡¯ effect of glucose control and weight loss is no
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