News of multinational pharmaceutical companies’ relocations continue.

According to industry sources, Korean subsidiaries of multinational pharmaceutical companies including Bayer, Viatris, and Pfizer have decided on their new offices and are working on relocation projects.

Bayer Korea, which had been located in Boramae, Dongjak-Ku for a long period of time, will move to Yeouido next month (in November). Bayer’s new company building will be located in Yeoido’s hot place, Parc1 Tower. With the relocation, the company’s new headquarters will become a smart office with improved transport access, which was one of the disadvantages of the existing office building.

Yeoido has