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What Will It Take For Korea To Become A Trial Hot Spot?

Speedier Approvals, DCT Barriers Cited

 
• By Jung Won Shin

Speedier approval of clinical trials, flexibility towards new technologies, faster access to new drugs and lingering regulatory barriers to decentralized trials are among the challenges South Korea is facing in becoming a global trial hot spot.

clinical trials
Ways Korea Can Compete With Top Tier Global Clinical Trial Spots (Shutterstock)

South Korea’s position in the global clinical trial rankings may be climbing and the proportion of such studies taking place in the country for the development of global new drugs rising. But compared to other major markets, it still takes longer to launch novel products locally following their first global launch, a new study shows.

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