Korean Firms Pursue “Select And Focus” Strategy To Accelerate R&D

South Korean pharma and biotech companies are opting to spin off certain businesses and set up new subsidiaries to speed up R&D progress and tap funding opportunities. The move, which has become more visible in the past few years is in line with global biopharma trends, although the reasons may vary.

Company
Moves In Line With Global Industry Trends • Source: Shutterstock

South Korean companies are adopting a “select and focus” strategy to gain flexibility and speed in progressing R&D.

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