Generic drug Archives | Be Korea-savvy

S. Korean Drugmakers to Sell Generic Version of Pfizer’s Smoking Cessation Drug

SEOUL, July 20 (Korea Bizwire) — South Korean pharmaceutical companies will start selling generic versions of the smoking cessation drug Champix, following the expiration of its patent here, industry sources said Monday. The drug by U.S. pharmaceutical giant Pfizer, also referred to as varenicline tartrate, helps people to stop smoking by relieving cravings for nicotine [...]

Korean Pharmaceutical Industry Needs Generics to Survive

SEOUL, Oct. 17 (Korea Bizwire) – The current news proves that the domestic pharmaceutical industry still places too much emphasis on generics, despite focusing on R&D for new medicine. With the expiration of the patent for Twynsta from the multinational pharmaceutical company Boehringer Ingelheim, close to 100 generics are being released. The industry agrees that [...]