Medytox Receives Administrative Disposition Notice and Recall/Destruction Order for 5 Items Including Meditoxin Injection
[Asia Economy Reporter Minji Lee] Medytox announced on the 16th that it received an administrative disposition and an order to recall and destroy 5 items including Meditoxin from the Daejeon Food and Drug Safety Administration.
The disposition includes the cancellation of approval and a one-month suspension of sales operations for each of the following items: Meditoxin, Meditoxin 50 units, Meditoxin 150 units, Meditoxin 200 units, and Coretox.
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The company stated, "We will respond through injunction applications to suspend the effect of the Ministry of Food and Drug Safety's cancellation of product approvals and other dispositions, as well as lawsuits to cancel the dispositions." According to separate standards last year, the company's total sales amounted to 181 billion KRW, of which toxin sales were 97.2 billion KRW, accounting for 53.7% of total sales.
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