THE INVESTOR

메뉴열기
December 09, 2019

Celltrion Pharm posts W47.43 b sales in Q3

PUBLISHED : November 15, 2019 - 15:18

UPDATED : November 15, 2019 - 15:18

  • 본문폰트 작게
  • 본문폰트 크게
  • 페이스북
  • 트위터
  • sms

Celltrion Pharm, the generic arm of Celltrion, announced Nov. 14 that its sales jumped 36.6 percent in the third quarter from a year earlier to 47.43 billion won ($40.7 million).

The South Korean company added that its operating profit and net profit moved into the black this quarter, respectively posting 3.99 billion won and 2.04 billion won.




“Our chemical drugs are showing steady growth and also market shares for our biosimilars -- Remsima, Herzuma and Truxima -- are growing. This has contributed to the growth of our overall sales,” a Celltrion official said in a statement.

Remsima, which is an identical copy of Janssen Biotech’s Remicade, had a market share of around 36 percent in Korean as of the second quarter this year. Its biosimilar for treating non-Hodgkin’s lymphoma, Truxima, and breast cancer biosimilar Herzuma accounted respectively for 20 and 22 percent of the related market in Korea.

Celltrion Pharm added that it would continue to focus on its existing business in the fourth quarter.

It also vowed to work with Celltrion to diversify its portfolio further. The Korean company said it plans to expand its production of HIV treatment Temixys as well as Remsima SC, a subcutaneous version of Remsima.

Celltrion Pharm in February injected 58.2 billion won to establish a Remsima SC production facility at its plant in Cheongju, North Chungcheong Province. The factory is currently under construction and is expected to start operation at the end of 2020.

By Song Seung-hyun (ssh@heraldcorp.com).

  • 페이스북
  • 트위터
  • sms
최상단으로
Herald Corporation|CEO : Kwon Chung Won
Publisher. Editor : Kwon Chung Won
Chief Privacy Officer & Juvenile Protection Manager : Yang Sung-jin
Title : The Investor|Date of registration : 2015.04.28
Company Registration No. 104-81-06004
Mail-Order Business Registration 2016 - Seoul Yongsan - 00590
Huam-ro 4-gil 10, Yongsan-gu, Seoul, Korea
T : +82-2-727-0114|Business info
Gov’t registration No. Seoul 아04099
COPYRIGHT HERALD CORPORATION. ALL RIGHTS RESERVED.