News About: Pharm. Industry


New Levitra dissolvable tablets to go on sale

Bayer Healthcare plans to release a new dissolvable erectile dysfunction tablet called Levitra ODT (Orodispersible). This is a new type of pill that melts in the mouth to treat male impotence which was additionally ap...

Drug firms keeping silent

Although the Ministry of Health and Welfare announced on June 15 that it would allow 44 over-the-counter (OTC) medicines, including the popular Bacchus-D drink, to be sold at supermarkets and convenience stores as ear...

Drug firms to supply 44 drugs to pharmacy channel only

Although the Ministry of Health and Welfare announced Wednesday that it would allow 44 over-the-counter (OTC) medicines, including Bacchus-D, to be sold at supermarkets and convenience stores, pharmaceutical companies...

10 leading foreign companies’ prescription drugs sales top 152 billion won in May

The combined sales of 10 multinational firms in Korea posted 152 billion won in May, up 13.4 percent compared with the same month in 2010, according to Ubist and market analysts. Sales of Korea’s total prescription...

Debate reignites on Takeda’s margin policy

The debate on whether Takeda Pharma Korea may increase the controversial wholesaler margin is resurfacing after the company increased the number of associate wholesalers from 20 to 70. All eyes are on whether the c...

Pharmaceutical companies are nervous over OTC restriction at pharmacy

Despite the government’s announcement Wednesday that it would allow 44 over-the-counter (OTC) medicines to be sold in supermarkets and convenience stores, pharmaceutical companies are hesitant to use the new outlets i...

Pharmacy companies welcome deregulation of OTC medicines

With the government’s announcement yesterday to reclassify 44 over-the-counter (OTC) medicines as quasi-drugs that can be purchased anywhere, such as convenience stores and supermarkets, pharmaceutical companies welco...

Supermarkets to sell liquid digestive

Over the counter drugs, such as liquid digestives and tonics (e.g., Bacchus-D and Ssangwhatang) that don't need a doctor's prescription, could be sold at supermarkets in the near future, according to market analysts. ...

Dong-A, Kwangdong Pharma to benefit from OTC sales at supermakets

Shares of Dong-A Pharmaceutical and Kwangdong Pharmaceutical are expected to be boosted by expectations that their flagship products, Bacchus and Ssanwhatang drinks, may be reclassified into quasi-drugs, according to ...

Diabetes drug 'Actos' to be pulled from market because of risk of bladder cancer

Japanese pharmaceutical company Takeda’s blockbuster anti-diabetes pill “Actos (pioglitazone)” faces being banned in the Korean market as the Korea Food and Drug Administration (KFDA) on Monday ordered doctors to refr...

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