What Will Drive Korean Pharma's Next Decade Of Growth?

Ample Pipelines, Direct Global Entry May Be Key

A recent event in South Korea heard one prominent investor advise South Korean pharma firms to sharply increase their new drug R&D and seek direct entry into global markets, rather than pursuing licensing deals for growth

growth concept
Alternative Business Models Put Forward As Korean Pharma Seeks International Expansion • Source: Alamy

The South Korean pharma industry has gone through several different phases since the 1990s, when new drug development activity began in earnest.

In the 2000-2010s there were structural changes, as the then generic-focused industry faced limitations in growth amid continued drops in...

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