Business · Companies · 1 hr ago

Celltrion reports strong drug sales in Asia and Latin America

Celltrion reports strong drug sales in Asia and Latin America

South Korean drugmaker Celltrion says its sales are growing in Asia and Latin America.

In Japan, its autoimmune disease drug Remsima held 48% of the infliximab market in July, making it the top-prescribed infliximab medicine.

Celltrion also reported high shares for its cancer drugs in Japan and for several products in Singapore, Hong Kong, Thailand and Malaysia.

In Latin America, Remsima held about 60% of Brazil’s private market, while some Celltrion products had shares above 80% in other countries.

The company says its local sales operations support this growth, and it operates in 43 countries, including 13 in Asia and Latin America.

Celltrion plans more launches across the regions, including Remsima SC in Japan next year and other follow-on products in several Asian and Latin American markets.

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What people are saying

Celltrion representativeCompany representative
Japan is a market with a structure centered on traditional pharmaceutical companies and high barriers to entry.
via Yonhap
We have expanded our market entry through a sales strategy combining local partnerships and direct-sales capabilities, and achieving the top market share this time demonstrates the strength of our products and the results of our local business strategy.
via Yonhap