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How Samsung¡¯s biosimilar became covered in the US

By Lee, Hye-Kyung | translator Kim, Jung-Ju

23.09.21 12:01:22

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Significance of entering the world¡¯s largest pharmaceutical market¡¦various risk factors exist

Thorough simulation is required due to a lack of manpower and network infrastructure.

Language barriers, insufficient handling of administrative issues related to regulations and visas, difficulties in recruiting and managing local personnel, and lack of a network infrastructure were pointed to as barriers to the Korean pharmaceutical companies¡¯ entry into the U.S.

Entry into the U.S. market holds significance in the industry as it is the world's largest pharmaceutical market that leads global technological standards. However, due to the various risk factors that exist, thorough preliminary research and simulation are necessary before making an attempt.

The '2023 Global Pharmaceutical-Bio Market Export Support Report' that was issued by the Korea Health Industry Development

Lee, Hye-Kyung(hgrace7@dailypharm.com)
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