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Daewoong Pharmaceutical’s Fexuprazan takes its first step into Africa… Entering into a partnership with Cooper Pharma, the No. 1 pharmaceutical company in Morocco in the field of digestive health
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September 24, 2025

Daewoong Pharmaceutical (CEO Jeon Seng-ho, Lee Chang-jae) announced on the 19th of June the signing of an Agreement for license and distribution of potassium-competitive acid blocker (P-CAB) type drug Fexuprazan to Morocco, which is the second largest pharmaceutical market in the North Africa.

The partnering company is Cooper Pharma, a leading Moroccan pharmaceutical company with presence in Africa and Middle East.

The Agreement is worth about USD20.32 million (equivalent to KRW27 billion) and the local release of Fexuprazan in Morocco is scheduled for 2025. Cooper Pharma will carry out active marketing campaigns for the sale of Fexuprazan for a term of 10 years in the Moroccan market.

Cooper Pharma, founded in 1933, has rapidly expanded its businesses in the pharmaceutical industry, keeping its number one ranking position in Morocco’s PPI market, which was estimated to be around KRW75.5 billion in revenue last year. Daewoong intends to propose a new innovative solution to GERD drugs building on Cooper Pharma’s significant market dominance and network.

By entering into this Agreement, Daewoong Pharmaceutical plans to expand its presence of P-CAB drug Fexuprazan in the African pharmaceutical market for gastroesophageal reflux disease (GERD). Fexuprazan, in particular, features fast and stable suppression of gastric acid regardless of food intake and the longest half-life of 9 hours among P-CABs, meaning that the treatment has a longer duration action than other drugs.

Jeon Seng-ho, CEO of Daewoong Pharmaceutical, said, “It is inspiring that we have entered the African market in just less than a year after its launch in Korea, in the global market for treating gastroesophageal reflux diseases” adding, “We will continue to show the strength of Fexuprazan and make it grow into a global blockbuster.”

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