Investment Set To Rise, Non-COVID R&D To Normalize As Korean Pharma Looks Ahead To 2022

Last Year Marked By Solid R&D, Financing Progress

Scrip takes a look back at the milestone events in the South Korean pharma and biotech industry in 2021 and ahead at what's in store for the coming year, which has kicked off with speculation around a major potential M&A deal.

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Korean Pharmas Saw Strong Financing, License Pacts In 2021 • Source: Alamy

For South Korean pharma and biotech companies, 2021 could be summarized as the year that saw sharply increased financing and out-licensing deals, as well as slower clinical trial progress in non-COVID-19 diseases.

With ample cash in-flows through initial public offerings, venture capital financing and licensing deals, the sector is well equipped for further R&D investment as well as acquisitions in 2022, while key events such as the potential

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