Dailypharm Live Search Close

Galvusmet latecomers face a price war since launch

By Lee, Tak-Sun | translator Alice Kang

22.04.12 06:18:18

°¡³ª´Ù¶ó 0
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


How price will affect sales of the DPP-4i antidiabetic treatment Galvusmet¡¯s latecomers is gaining attention.

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)
If you want to see the full article, please JOIN US (click)