Pharma Companies Archives | Be Korea-savvy

Drugmakers Race to Develop Combination Pills Targeting Multiple Diseases

SEOUL, Oct. 17 (Korea Bizwire) — South Korean pharmaceutical companies are intensifying efforts to develop combination drugs — single pills that treat multiple conditions — as patient demand for convenience and cost efficiency rises. Combination drugs contain two or more active ingredients, allowing patients to reduce pill intake and treatment expenses. According to industry sources [...]

South Korean Pharma Companies Forge Partnerships for New Drug Development

SEOUL, Jun. 6 (Korea Bizwire) –Domestic pharmaceutical firms in South Korea are increasingly joining forces with former competitors to develop new drugs, marking a shift in strategy. While co-marketing existing products or outsourcing manufacturing has been common practice, collaborations now extend to the realm of novel drug development. Last month, Ildong Pharmaceutical secured Dong-A Socio [...]