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Last year, the drug trade surplus was achieved

By Lee, Tak-Sun | translator Choi HeeYoung

21.08.05 05:40:15

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Celltrion and Hanmi have good production performance in order


Domestic medicine achieved its trade surplus for the first time last year. This is because biosimilar led the export. The MFDS announced on the 1st that it analyzed the production, export, and import performance of drugs, quasi-drugs in 2020. Drugs achieved the trade surplus (₩1.394 trillion won) for the first time since 1998, when the MFDS compiled statistics.

The main reason for this is that exports of finished drugs, which accounted for 79.6% of total exports (₩9.96 trillion), increased 92.3% (₩7.9308 trillion) compared to 2019.

Quasi-drugs showed a 124% increase in production performance of anti-COVID-19 products (₩3.7149 trillion) compared to 2019.

Lee, Tak-Sun(hooggasi2@dailypharm.com)
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