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Record number of new homegrown drugs released this year

By Chon, Seung-Hyun | translator Alice Kang

21.12.31 06:20:25

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New drugs from Yuhan Corp, Celltrion, Hanmi Pharmaceutical and Daewoong Pharmaceutical approved this year

Exceeded the record of three homegrown new drug approvals in 2011 and 2015

Major companies with annual sales record of 1 trillion won made the performance

Domestic pharmaceutical and biopharmaceutical companies this year had received approval for four new drugs. This is the most amount of new drugs released in a single year since the first homegrown drug was introduced in 1999. Major companies with an annual sales record of 1 trillion won such as Yuhan Corp, Celltrion, Hanmi Pharamcetucial, and Daewoong Pharmaceutical have made this performance.

According to the Ministry of Food and Drug Safety on the 31st, Daewoong Pharmaceutical¡¯s gastroesophageal reflux disease (GERD) treatment ¡®Fexclu,¡¯ which contains fexuprazan, was approved as a new drug on the 30th. Daewoong Pharmaceutical made this achievement in 14 years since it first started the development of

Chon, Seung-Hyun(1000@dailypharm.com)
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