Sales of Pfizer, Gilead, and MSD soared last year
By Jung, Sae-Im | translator Kim, Jung-Ju
23.04.18 06:20:32
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Sales at 30 of the 38 Korean subsidiaries of multinational pharmaceutical companies see a rise in sales
Pfizer records highest sales of KRW 3.2 trillion...MSD¡¯s sales exceed KRW 800 billion
Operating profit improved in 21 companies...5 companies suffer operating loss
Last year, Korean subsidiaries of multinational pharmaceutical companies made external growth in general. Pfizer Korea, MSD Korea, and Gilead Sciences Korea have enjoyed an increase in sales of COVID-19 vaccines and treatments. The high sales growth of new drugs such as Keytruda, Gardasil 9, and Prolia also contributed to the increase in sales.
According to the Financial Supervisory Service on the 18th, combined sales in 37 of the 38 Korean subsidiaries of major multinational pharmaceutical companies, excluding Viatris totaled at KRW 11.72 trillion, up 27.7% from the previous year's KRW 9.18 trillion. During the same period, operating profits increased by 9.8% from KRW 361.2 billion to KRW 396.5 billion.
Jung, Sae-Im (same@dailypharm.com)
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