Innovation Rewards, Regulatory Ecosystem Key To Korea Competitiveness - AZ Execs

Can Build On Clinical Trials Success

AstraZeneca execs talk about the challenges South Korea faces in becoming a more attractive market for investment by global pharma firms and its significance as a site for clinical trials.

AstraZeneca media briefing
Intense Competition To Attract Investment From Global Big Pharma

Many countries have already realized the value of the biotech industry and are now aggressively trying to attract foreign companies in this space. But South Korea needs to up the pace to improve regulations and the innovation environment to become a more attractive market, executives at AstraZeneca say.

More from South Korea

LigaChem Eyes Future Acquisition Of IKSUDA Following 26.6% Stake

 
• By 

South Korea's LigaChem is kickstarting a growth and globalization drive through a potential future acquisition of UK ADC player IKSUDA.

Korea Needs To Think Bigger On M&As: KHIDI

 

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.

Japan-Korea Venture Collab Grows With VC And Regulatory Meetups

 
• By 

Cross-Asian initiative has already brought several South Korean gene and cell therapy startups and Japanese VCs closer, with further hopes for product development and launches in Japan, regulatory harmonization and gliobalization.

Korea Biotech Roundup: Orum, DongKook Price IPOs Below Band

 
• By 

The latest activity in the South Korean biotech sector includes IPOs by Orum and Dongkook Life, as well as progress with ADCs at multiple firms.

More from Business

Can New US FDA Commissioner Makary Calm Agency During Turbulent Times?

 

Stakeholders are pleading for newly confirmed FDA Commissioner Martin Makary to stand up for the agency's high scientific standards and staff as he begins his term.

Deal Watch: Eyenovia Looks At New Direction In Proposed Merger With Betaliq

 
• By 

Plus deals involving Relmada/Trigone, Alvotech/Xbrane, OPKO Health/Entera, iOncologi/TargImmune and more.

Wave Aspires To Accelerated Approval In DMD With 48-Week Data

 
• By 

With its exon 53-skipping candidate already showing promise in 24-week data, Wave now has 48-week data showing improvements in muscle health and functional outcomes.