Global Pharma Interest In Korea Undeterred Despite Political Roller Coaster
Despite recent political turmoil, outside investor and corporate interest in South Korean biopharma innovation appears robust or even increasing.
Global pharma’s steady interest, a people-first health agenda, and a push for bolder M&A moves highlight Korea’s pivotal moment in biopharma. The nation’s policy shifts and deal-making trends could redefine its global standing.
Despite recent political turmoil, outside investor and corporate interest in South Korean biopharma innovation appears robust or even increasing.
In line with new President Lee’s campaign pledges, South Korea's newly confirmed health minister is expected to tackle key issues including a prolonged doctors' conflict, essential drug supplies and R&D support for the industry.
A new report from a domestic institute on South Korea’s biopharma M&A trends shows a pickup in activity, but that this remains relatively weak and small-scale. It calls for broader domestic government support to build expertise, drive innovation and globalization.