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GC Pharma reinforces sales partnerships

By Kim, Jin-Gu | translator Kim, Jung-Ju

23.02.11 05:50:37

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Signs copromotion agreement to sell Shingrix, Baraclude, Plavix, etc. from the end of the previous year

Seeks to fill the gap in sales made after termination of the copromotion agreement for 3 MSD vaccines... works to diversify business structure and secure a cash cow



GC Pharma has been strengthening partnerships with pharmaceutical and biohealth companies in Korea and abroad by signing a series of copromotion agreements.

After the company signed a copromotion agreement for GSK¡¯s shingles vaccine ¡®Shingrix¡¯ at the end of last year, the company recently also signed an agreement to copromote Sanofi's anti-platelet agent ¡®Plavix.' Also, earlier this year, the company expanded its sales agreement with BMS on selling the company¡¯s hepatitis B treatment, ¡®Baraclude.¡¯

The industry interpreted this as the company¡¯s move to diversify its business structure, focusing on blood derivative products and vaccines and securing a cash cow through exte

Kim, Jin-Gu(kjg@dailypharm.com)
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