The Korea Times
amn_close.png
amn_bl.png
National
  • Politics
  • Foreign Affairs
  • Multicultural Community
  • Defense
  • Environment & Animals
  • Law & Crime
  • Society
  • Health & Science
amn_bl.png
Business
  • Tech
  • Bio
  • Companies
  • World Expo 2030
amn_bl.png
Finance
  • Companies
  • Economy
  • Markets
  • Cryptocurrency
amn_bl.png
Opinion
  • Editorial
  • Columns
  • Thoughts of the Times
  • Cartoon
  • Today in History
  • Blogs
  • Tribune Service
  • Blondie & Garfield
  • Letter to President
  • Letter to the Editor
amn_bl.png
Lifestyle
  • Travel & Food
  • Trends
  • People & Events
  • Books
  • Around Town
  • Fortune Telling
amn_bl.png
Entertainment & Arts
  • K-pop
  • Films
  • Shows & Dramas
  • Music
  • Theater & Others
amn_bl.png
Sports
amn_bl.png
World
  • SCMP
  • Asia
amn_bl.png
Video
  • Korean Storytellers
  • POPKORN
  • Culture
  • People
  • News
amn_bl.png
Photos
  • Photo News
  • Darkroom
amn_NK.png amn_DR.png amn_LK.png amn_LE.png
  • bt_fb_on_2022.svgbt_fb_over_2022.svg
  • bt_twitter_on_2022.svgbt_twitter_over_2022.svg
  • bt_youtube_on_2022.svgbt_youtube_over_2022.svg
  • bt_instagram_on_2022.svgbt_instagram_over_2022.svg
The Korea Times
amn_close.png
amn_bl.png
National
  • Politics
  • Foreign Affairs
  • Multicultural Community
  • Defense
  • Environment & Animals
  • Law & Crime
  • Society
  • Health & Science
amn_bl.png
Business
  • Tech
  • Bio
  • Companies
  • World Expo 2030
amn_bl.png
Finance
  • Companies
  • Economy
  • Markets
  • Cryptocurrency
amn_bl.png
Opinion
  • Editorial
  • Columns
  • Thoughts of the Times
  • Cartoon
  • Today in History
  • Blogs
  • Tribune Service
  • Blondie & Garfield
  • Letter to President
  • Letter to the Editor
amn_bl.png
Lifestyle
  • Travel & Food
  • Trends
  • People & Events
  • Books
  • Around Town
  • Fortune Telling
amn_bl.png
Entertainment & Arts
  • K-pop
  • Films
  • Shows & Dramas
  • Music
  • Theater & Others
amn_bl.png
Sports
amn_bl.png
World
  • SCMP
  • Asia
amn_bl.png
Video
  • Korean Storytellers
  • POPKORN
  • Culture
  • People
  • News
amn_bl.png
Photos
  • Photo News
  • Darkroom
amn_NK.png amn_DR.png amn_LK.png amn_LE.png
  • bt_fb_on_2022.svgbt_fb_over_2022.svg
  • bt_twitter_on_2022.svgbt_twitter_over_2022.svg
  • bt_youtube_on_2022.svgbt_youtube_over_2022.svg
  • bt_instagram_on_2022.svgbt_instagram_over_2022.svg
  • Login
  • Register
  • Login
  • Register
  • The Korea Times
  • search
  • all menu
  • Login
  • Subscribe
  • Photos
  • Video
  • World
  • Sports
  • Opinion
  • Entertainment & Art
  • Lifestyle
  • Finance
  • Business
  • National
  • North Korea
  • 1

    US urged to respect Korea's position amid US-China chip war

  • 3

    Korean culture as the solution

  • 5

    Calls grow for regulations on AI technology on webcomics

  • 7

    ChatGPT: boon or bane for banking industry?

  • 9

    China, Korea agree to strengthen talks on chip industry: Chinese commerce ministry

  • 11

    CJ, Shinsegae study temple food to expand vegan lineup

  • 13

    Synth pop regains popularity with K-stars, riding retro boom

  • 15

    Biden says debt default deal 'very close' while deadline now set at June 5

  • 17

    1 in 6 N. Korean children under 5 suffer from stunted growth: report

  • 19

    Russia's Lavrov tells China envoy 'serious obstacles' to Ukraine peace

  • 2

    Stray Kids, NCT's Taeyong, ATEEZ gear up for June releases

  • 4

    Chinese carmakers challenge Hyundai Motor, Kia in global markets

  • 6

    Temples celebrate Buddha's birthday

  • 8

    Korea walks fine line between US, China in chip war

  • 10

    Jeju-based shamanism researcher documents connection between humans, crows

  • 12

    Man arrested for opening airplane emergency exit during flight

  • 14

    Mexico president eyes deals with China, Korea to combat fentanyl

  • 16

    Africa Day celebrated in Korea with book talk

  • 18

    Arrest warrant issued for man who opened plane door mid-air

  • 20

    Tech leads more gains on Wall Street

Close scrollclosebutton

Close for 24 hours

Open
  • The Korea Times
  • search
  • all menu
  • Login
  • Subscribe
  • Photos
  • Video
  • World
  • Sports
  • Opinion
  • Entertainment & Art
  • Lifestyle
  • Finance
  • Business
  • National
  • North Korea
Business
  • Tech
  • Bio
  • Companies
  • World Expo 2030
Mon, May 29, 2023 | 20:58
Bio
Medytox wins botulinum toxin patent suit against Daewoong
Posted : 2023-02-12 16:29
Updated : 2023-02-13 10:23
Baek Byung-yeul
Print PreviewPrint Preview
Font Size UpFont Size Up
Font Size DownFont Size Down
  • facebook
  • twitter
  • kakaolink
  • whatsapp
  • reddit
  • mailto
  • link
Jung Hyun-ho, CEO of Medytox / Courtesy of Medytox
Jung Hyun-ho, CEO of Medytox / Courtesy of Medytox
By Baek Byung-yeul

Medytox won a lawsuit against Daewoong Pharmaceutical on Friday over a botulinum toxin (BTX or Botox) patent. The two companies had locked horns over the origin of the BTX strain used to manufacture the cosmetic treatment.

"Daewoong Pharmaceutical's Nabota was developed by stealing Medytox's botulinum toxin strains and manufacturing process," the Seoul Central District Court said. Medytox filed a lawsuit in 2017 accusing Daewoong of stealing its BTX strain and manufacturing process.

The court also prohibited Daewoong from manufacturing and selling its BTX products, such as Nabota, adding that the products that gave already been produced should also be discarded. Moreover, Daewoong was also ordered to pay 40 billion won ($31.5 million) in damage compensation to Medytox.

Jung Hyun-ho, CEO of Medytox / Courtesy of Medytox
Jeon Seng-ho, left, and Lee Chang-jae, co-CEOs of Daewoong Pharmaceutical / Courtesy of Daewoong Pharmaceutical
Often described using the shortened name, Botox, the botulinum toxin is injected into the skin to treat wrinkles. Toxins extracted from strains of the Clostridium botulinum bacterium are purified and used for treatments.

The controversy between BTX makers in Korea has centered on the origins of strains in commercial use. Medytox is the first Korean company to succeed in mass-producing BTX strains.

Medytox has claimed that Daewoong stole its BTX strains. Daewoong refuted that it found its own BTX strain in a barn in Gyeonggi Province.

The two companies also faced off in a U.S. over similar reasons. The U.S. International Trade Commission (USITC) ruled in favor of Medytox in December, 2020 and ordered a 21-month import ban on Daewoong's products into the U.S. Daewoong also agreed to pay royalties to Medytox to settle the dispute shortly after.

In regard to the ruling, Medytox said it will continue to make effort to protect its patent, while Daewoong said it would appeal the ruling.

"The court's ruling is a clear judgement made with scientific evidence that no one can refute," Medytox said in a statement. "We are glad to confirm that justice and fairness are alive in Korea. Based on the ruling, we will expand efforts to protect our patented technology."


Emailbaekby@koreatimes.co.kr Article ListMore articles by this reporter
 
wooribank
Top 10 Stories
1ChatGPT: boon or bane for banking industry? ChatGPT: boon or bane for banking industry?
2Korea walks fine line between US, China in chip war Korea walks fine line between US, China in chip war
3Jeju-based shamanism researcher documents connection between humans, crows Jeju-based shamanism researcher documents connection between humans, crows
4Man arrested for opening airplane emergency exit during flight Man arrested for opening airplane emergency exit during flight
5Labor unions seek to attract migrant workers at shipyards Labor unions seek to attract migrant workers at shipyards
6Half of medical tourists visiting Korea inspired by K-culture Half of medical tourists visiting Korea inspired by K-culture
7Hyundai Steel receives EPD certification for low-carbon H-beam products Hyundai Steel receives EPD certification for low-carbon H-beam products
8[RAS KOREA] Preserving memories at Cheongju City Archives RAS KOREAPreserving memories at Cheongju City Archives
9Mirae Asset holds ETF Rally 2023 for global expansion Mirae Asset holds ETF Rally 2023 for global expansion
10Gov't moves to assist 3,400 Koreans stranded in typhoon-hit Guam Gov't moves to assist 3,400 Koreans stranded in typhoon-hit Guam
Top 5 Entertainment News
1Chun Woo-hee becomes chameleon con artist in 'Delightfully Deceitful' Chun Woo-hee becomes chameleon con artist in 'Delightfully Deceitful'
2SHINee celebrates 15th anniversary of debut: 'It feels surreal' SHINee celebrates 15th anniversary of debut: 'It feels surreal'
3[INTERVIEW] Long-awaited extension of Korean Pavilion at Venice Biennale to be pushed forward INTERVIEWLong-awaited extension of Korean Pavilion at Venice Biennale to be pushed forward
4'Transformers: Rise of the Beasts' raises bar with epic battle scenes 'Transformers: Rise of the Beasts' raises bar with epic battle scenes
5ENHYPEN reaches new career high with latest album 'Dark Blood' ENHYPEN reaches new career high with latest album 'Dark Blood'
DARKROOM
  • Turkey-Syria earthquake

    Turkey-Syria earthquake

  • Nepal plane crash

    Nepal plane crash

  • Brazil capital uprising

    Brazil capital uprising

  • Happy New Year 2023

    Happy New Year 2023

  • World Cup 2022 Final - Argentina vs France

    World Cup 2022 Final - Argentina vs France

CEO & Publisher : Oh Young-jin
Digital News Email : webmaster@koreatimes.co.kr
Tel : 02-724-2114
Online newspaper registration No : 서울,아52844
Date of registration : 2020.02.05
Masthead : The Korea Times
Copyright © koreatimes.co.kr. All rights reserved.
  • About Us
  • Introduction
  • History
  • Contact Us
  • Products & Services
  • Subscribe
  • E-paper
  • RSS Service
  • Content Sales
  • Site Map
  • Policy
  • Code of Ethics
  • Ombudsman
  • Privacy Statement
  • Terms of Service
  • Copyright Policy
  • Family Site
  • Hankook Ilbo
  • Dongwha Group