Korea Pharmaceutical Manufacturers Association

Market size of Korean pharmaceutical industry, gauged by values of drugs manufactured, in 2000 was KRW 7.89 trillion and the size grew
substantially to KRW 13.43 trillion in 2007, almost doubling in size. Such a significant increase is attributed to rapid aging of the population, external and political factors that favorably affected the industry as well as continuous investments in R&D and GMP upgrades.



Type: NORMAL
Address: 990-2 Bang Bae-1 Dong, Seocho Gu, Seoul
Website: www.kpma.or.kr
Phone: +82 581 2105
 
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