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Korea’s Biopharma Regulatory Reform Push To Focus On Innovation, Streamlining

Multiple Areas Targeted

 
• By Jung Won Shin

South Korea is aiming to implement a broad range of regulatory reform steps to better compete with global rivals and speed up patient access to novel therapies.

next step
Korea Sees Promise, High Growth Potential In Biohealth Industry • Source: Shutterstock

South Korea has announced further plans to support the growth of the biopharma sector, with a focus this time on boosting exports and creating new digital markets, as well as selecting key areas of regulatory innovation to prioritize. 

The country sees the sector as having high potential for growth, export expansion and internationalization, given that the Korean industry earned international recognition during the

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