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Voluntary price reduction of generic products in the NSAID ‘celecoxib’ war

Published: 2015-06-05 13:46:49
Updated: 2015-06-05 13:46:49

As the patent of the selective COX-2 inhibition anti-inflammatory drug ‘Celebrex(generic name: celecoxib)’ will be expired on the coming 11th of June, approximately 100 generics are expected to be poured out.

Since its launch in 2000, the drug, recoding KRW 56.5 billion health insurance fees last year, has accounted for 15% of the entire KRW 400 billion non-steroidal anti-inflammatory drug (NS...

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