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Korea's homegrown new drug gets approval in China

Published: 2007-12-19 06:58:00
Updated: 2007-12-19 06:58:00
Ilyang Pharm has received marketing approval for ilaprazole, a new investigational proton pump inhibitor, from the Chinese drug regulatory agency (SFDA).

The ulcerant market in China has shown over 30-percent growth every year. The market for proton pump inhibitors is estimated at 700 billion, which has been predominated

Livzon Inc. said that ilaprazole is expected to grab about 30 perce...

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