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Korea Botox Rivalry To Intensify After Meditoxin Measures

Punitive Steps To Impact Market

 
• By Jung Won Shin

As South Korea’s drug ministry decides to rescind approval of Medytox’s botulinum toxin product following manipulation of manufacturing and quality control documents, competition among existing rivals and newcomers is expected to further intensify.

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Medytox Found To Have Manipulated Botulinum Test Results • Source: Shutterstock

South Korea’s Ministry of Food and Drug Safety (MFDS) has decided to cancel the approval of Medytox Inc.’s botulinum toxin preparation Meditoxin (Neuronox, botulinum toxin type A complex) effective 25 June, after a finding that the company violated the Pharmaceutical Affairs Act by manipulating manufacturing and quality control documents.

The ministry has also imposed fines worth KRW175m ($144,370) relating to Innotox, Medytox’s liquid botulinum toxin product.

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