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Local bio drug industry has been overestimated
Published: 2011-12-23 06:57:00
Updated: 2011-12-23 06:57:00
The domestic market for the biosimilar industry is projected to grow to 14 trillion won by 2015, especially after 2013 when patents for major innovator pharmaceuticals expire, according to the Korea Food and Drug Administration.
“The local generic pharmaceutical industry failed to advance to the global market because it just settled for the domestic market. We need to make this an opportunit...
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