‘Self-sufficient rate’ keeps dropping as Korea’s drug competitiveness falls

It was observed the Korea’s self-sufficiency rate in finished drug is getting lower, and the self-sufficiency rate in pharmaceutical ingredient is increasing.

According to the ‘2016 Food and Drug Statistics Annual Report’ recently released by the Ministry of Food and Drug Safety(MFDS), the Korea’s self-sufficiency rate in finished drug last year was 78%.

The self-sufficiency rate is a rate ...