Window Of Opportunity: Korea Unveils Cutting-Edge Bio Initiative

Presidential Pledges

South Korea is moving forward with plan to set up a Boston-type biotech cluster in Osong as part of a broader initiative unveiled by President Yoon, while the biopharma industry is calling for rapid process, exceptional support.

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Industry Urges Korean Government To Accelerate Process, Exceptional Support • Source: Shutterstock

With Johnson & Johnson set to establish its third Asian JLAB site in South Korea and Merck KGaA planning its biggest APAC investment in a major bioprocessing center in the country, global big pharma firms now appear to be shifting more of their attention to the Northeast Asian nation.

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