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Will the new social distancing benefit the prescription mkt?

By Chon, Seung-Hyun | translator Alice Kang

21.06.25 06:20:10

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Korea will ease social distancing rules including private gathering restrictions from July

Outpatient prescription sales in May down 2.4% YoY¡¦ downward trend continues from April

Increased outdoor activity ¡¤ vaccination raises expectation for market rebound

New social distancing rules will be applied from next month. The restrictions set on private gatherings will be eased, and the operating hours of multi-use facilities will also be extended. The pharmaceutical industry has its eyes on whether the outpatient prescription market, which has contracted due to a decrease in outdoor activities, will take a turn for the better under the new regulations.

According to the pharmaceutical research institution UBIST on the 21st, outpatient prescription in May this year was around 1.15 trillion won, down 1.1% YoY. This is a 10.4% fall compared to the market¡¯s performance in May 2 years ago. This downward trend has been continuing since last month, as outpatient prescri

Chon, Seung-Hyun(1000@dailypharm.com)
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