Galvusmet latecomers face a price war since launch
By Lee, Tak-Sun | translator Alice Kang
22.04.12 06:18:18
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Price of original/salt-modified/generics are same¡¦ Hanmi voluntary reduces price
Fights for a share of the ₩40 billion market¡¦ possibility of patent dispute still remains
Hanmi Pharmaceutical, which had been the first to release a drug to the market, had opted to set its price lower than planned, and the price of the original Galvusmet had also fallen due to the introduction of generics. The price of the generics had also been set accordingly.
According to industry sources on the 11th, starting with Hanmi¡¯s Vildaglmet, sales of Galvusmet generics had started in earnest in February, along with sales of KB Pharma¡¯s salt-modified drug in March, all of which as latecomers of Novartis¡¯s Galvusmet (vildagliptin/metformin).
The lateco
Lee, Tak-Sun(hooggasi2@dailypharm.com)
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