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Conditions Converging For More M&A In Korean Pharma, Biotech

 
• By Jung Won Shin

Merger and acquisition deals in South Korea’s pharma/biotech sector have remained relatively few compared to other countries, but several factors are now pointing to a possible increase in activity as pharma and biotech firms hunt for new technologies and growth. 

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Pharma/Biotech M&A Activities May Pick Up In Korea • Source: Shutterstock

As evidenced by the latest announcement from AbbVie Inc. and Allergan PLC, there is still clearly a good appetite for large merger and acquisition deals in the global pharma and biotech space.

By contrast, M&A activity in the sector in South Korea has been largely subdued compared with other countries, with a...

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