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Korea Q1 Roundup: Pharma Begins To Feel Impact From Doctors’ Walkout

Mainstays Generally Strong

 
• By Jung Won Shin

As South Korea's doctors continue their long-running protest against a government plan to raise the medical student quota at universities, the walk-outs may be beginning to take a toll on the pharma industry, with many large firms reporting weak earnings in the last quarter.

hospital chaos
Q1 Korean Pharma Earnings Sag Amid Disruptions At Hospitals • Source: Shutterstock

The South Korean pharma industry is beginning to feel the fallout from the prolonged national walkout by trainee doctors that began in February.

Although the overall impact from the medical strike appears to be limited so far, sales of drugs related to surgeries...

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