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Boryung Pharm signs $15 million Kanarb export deal

Published: 2013-01-09 06:57:00
Updated: 2013-01-09 06:57:00
Local drug maker Boryung Pharmaceutical said Monday it has signed a contract with R-Pharm of Russia to export newly developed Kanarb (fimasartan) for treatment of hypertension.

This agreement will allow Dong-A to export about 15 million dollars of Kanarb as well as a royalty of $1.5 million to Russia over a five year period.

Fimasartan is a non-peptide AT1 receptor antagonist, blocks the...

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