Analyse

Summer pharmacy OTC sales in South Korea displayed mixed movements, with acne drug Azelia rising sharply into the top‑10, while vitamin brands showed varied growth.

Galderma Korea presented a new aesthetic portfolio—including fillers, biostimulators and skincare—at the GAIN RESTAGE event in Seoul, targeting natural, personalized results.

Analysis of 25,862 operating pharmacies shows a move from friendly names like 'Health' to business‑focused names such as '365' and 'Mega'.

Two recent pharmacy transactions in the Seoul metropolitan area show goodwill values of 750 million KRW and 600 million KRW, diverging from the usual 25‑30× monthly prescription sales rule.

A 20‑pyeong pharmacy with 21 MKR monthly sales was priced at 750 MKR, while one with 30 MKR sales fetched 600 MKR, showing a shift from the usual 25‑30× sales rule.

The share of pharmacies whose names include '365' has risen from 1.2% in 2021 to 2.79% in 2023, reflecting an expanding trend of year‑round operations.

A 20‑pyeong pharmacy with 21 M KRW monthly sales was priced at 750 M KRW, while a 30 M KRW sales pharmacy fetched 600 M KRW, showing a shift from the usual 25‑30× sales rule.

JBK Lab’s CellMed, a pharmacist‑led nutrition counseling brand launched in 2019, now serves over 3,000 member pharmacies nationwide amid shifting market dynamics.