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The share of the domestic bio-industry is around 1%

By Hwang, Jin-joon | translator Kim, Jung-Ju

23.05.30 10:44:57

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Reducing the national health and safety net in the bio-industry due to COVID-19

Policy support required

"It has been confirmed that the domestic bio-industry accounts for around 1% of the global market. In order for Korea's bio-industry, which is a latecomer, to secure global competitiveness, policy, and institutional support is needed." Lee Jeong-Seok, chairman of the Korea Biopharmaceutical Association, said this at the ‘Biohealth Industry National Competitiveness Forum’ held at the National Assembly Library in Yeouido, Seoul on the 30th.

The debate was hosted by National Assembly member Jeong Il-young and the Korea Biopharmaceutical Association, and hosted by the National Assembly's New Growth Industry Forum. It was planned with the purpose of requiring strategic discussions to strengthen the competitiv

Hwang, Jin-joon(jin@dailypharm.com)
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