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Korea in the running to be global leader for biosimilars by 2017

Published: 2013-09-03 06:57:00
Updated: 2013-09-03 06:57:00
The Ministry of Food and Drug Safety (MFDS) unveiled a set of plans on Aug. 30 to nurture seven globally competitive biopharmaceutical companies by 2017.

The plans are intended to develop Korea into the seventh-largest power in the bioindustry.

Under the arrangement, the MFDS will approve a total of 10 biosimilars and stem cell therapies as well as 20 homegrown vaccines by 2017 by keeping...

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