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AstraZeneca seeks mutual growth through open collaboration

By Hwang, Byung-woo | translator Kang, Shin-Kook

24.08.27 05:08:39

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Announced plan to invest KRW 850 billion in 2019, which accounts for more than 30% of annual sales

Will strengthen collaboration on innovative medicines, including Imfinzi global clinical and diabetes combination development

Will focus on creating a patient-centric ecosystem...emphasizing patient support and disease awareness campaigns



Multinational pharmaceutical companies are increasingly investing in R&D in Korea¡¯s domestic pharmaceutical industry through open innovation.

According to the Korean Research-based Pharmaceutical Industry Association (KRPIA), the total amount of R&D invested in clinical research in Korea in 2022 was KRW 817.8 billion and has been on the rise for 3 consecutive years.

AstraZeneca Korea, which recently introduced bold new drugs such as Enhertu and Imfinzi, is also aiming to create a virtuous cycle of shared growth with the domestic pharmaceutical industry through active R&D investment.

AZ invests more than 30% of sales in R&D...makes notable achievements in devel

Hwang, Byung-woo(tuai@dailypharm.com)
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