Chongkundang distributes Avelox under sole agreement with Bayer.

Chonkundang made an exclusive distribution agreement for Avelox, a quinolone antibiotic, with Bayer Korea to sell exclusively in Korea starting from Jan. next year, which may give a strong power to Chonkundang's antibiotic lines.

Avelox was approved by the U. S. FDA in 1999 as a quinolone antibiotic, selling at moe than 70 countries in the world. In 2 years after its market release, about 10...