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Domestic drugmakers urged to develop innovative drugs
The country's medicine business is standing at a crossroads. Is it going take a leap with new, innovative drugs or continue chasing global leaders with copied products?
The Korea Pharmaceutical Manufacturers Association (KPMA) says generic drugs take up 40 percent of the market in terms of revenue. Moreover, investment to create new drugs remains minimal, as a combined total of local compani...
The Korea Pharmaceutical Manufacturers Association (KPMA) says generic drugs take up 40 percent of the market in terms of revenue. Moreover, investment to create new drugs remains minimal, as a combined total of local compani...
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