Foreign-invested pharmaceutical firms seeking strategic alliance with Daewoong

Some multinational companies stationed in Korea are eager to establish strategic alliances with Daewoong Pharm as Daewoong holds strong sales and marketing force in the domestic pharmaceutical market, despite Daewoong’s recent severance with Menthlatum Korea over the latter’s several products.

Early this year, Daewoong and MSD Korea agreed to jointly market Januvia (sitagliptin phosphate) un...