INTERVIEW: Green Cross Looks Abroad To Expand

Green Cross Holdings, which has South Korea's leading biopharma company Green Cross Corp. as its affiliate, talks to PharmAsia News about its strategies on acquisitions, international business plans and R&D updates on the sidelines of Biologics World Korea 2015.

SEOUL - In the wake of the recent divestment of its stake in smaller rival Ildong Pharmaceutical Co. Ltd., Green Cross Corp., which specializes in the development and manufacturing of plasma derivatives, vaccines, recombinant proteins, therapeutic antibodies and cell therapies, is now looking outside the country for possible acquisitions to grow and beef up its R&D pipelines.

"We would prefer to acquire foreign firms, unless a particularly good candidate emerges at home. We are primarily looking at firms in the cell and gene therapy as well as...

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