Cluster Wars: Korea’s Challenges In Shaping a Boston Style Biopharma Hub

Multiple Small Centers Create Issues

South Korea has yet to come up with detailed plans for a major national biopharma cluster, but is considering a virtual approach to connect existing industry hubs nationwide. At a recent policy forum, experts discussed related issues including governance and insufficient investment, as well as the need to attract foreign firms and capital to compete with rival clusters in Asia.

KDRA biohealth policy forum
Panel discusses biopharma cluster issues at KDRA policy forum in Seoul • Source: Jung Won Shin

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