Since Hanmi Pharmaceutical Co., Ltd. reached a series of major global out-licensing deals with multinational pharma partners in 2014-15, out-licensing has been a key growth strategy for the South Korean biopharma industry, which mostly lacks sufficient capital to pursue the expensive later-stage development of new drugs in international markets.
However, a global industry expert from Citeline noted that over-reliance on out-licensing in the longer-run may actually act to restrict...





