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(Photo= YuYu Pharma) |
[Alpha Biz= Reporter Kim Minyoung] YuYu Pharma announced on the 15th that it has signed a new consignment production contract with 10 pharmaceutical companies this month. The new growth engine, the CMO (medicine consignment production) business, is cruising as it has signed a series of contracts.
YuYu Pharma recently signed a contract with six companies for Fexofenadine 120mg, which was approved by the Ministry of Food and Drug Safety, including Kyungnam Pharmaceutical, Non-preservative Drug, CMG Pharmaceutical, Nexfarm Korea, Eden Pharma and Medica Korea. Fexofenadine 120mg is a differentiated item that improves patient convenience by reducing formulation size by 44% compared to existing products.
Launched last year, Fexofenadine 60mg has signed additional contracts with four other companies: CMG Pharmaceutical, Medica Korea, Edenpharma and Hutex Pharmaceutical. As a result, Fexofenadine 60mg consignment production has increased to a total of 10 companies, including existing Samjin Pharmaceutical, Ahn-Gook Pharmaceutical, Daewoo Pharmaceutical, Non-preservative Drug, Nex Pharm Korea and Dibio.
Alphabiz Kim Minyoung (kimmy@alphabiz.co.kr)
