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Merck and Daewoong agreed co-marketing for Metformin business.

Published: 2004-06-23 06:57:00
Updated: 2004-06-23 06:57:00
Merck and Daewoong agreed to co-market Metformin, a diabetic drug, under the brand of Glucophage by Merck and Diabex by Daewoong from coming July 1 this year.

Glucophage has kept its top seller position over the world, which was introduced in Korea by Daewoong under the brand of Daewoong's Glucophage in 1986 achieving 20% of market share since then.

Merck said that Daewoong's Glucophage ...

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