Republic of Korea pharmaceutical Manufacturers Association

Last updated: 13.02.2014

Address: 990-2 Bang Bae-1 Dong, Seocho Gu, Seoul,Republic of Korea

Tel: +82 581 2105

Web: http://www.kpma.or.kr/

Company description

Market size of Republic of Korean pharmaceutical industry, gauged by values of drugs manufactured, in 2000 was KRW 7.89 trillion and the size grew substantially to KRW 13.43 trillion in 2007, almost doubling in size. Such a significant increase is attributed to rapid aging of the population, external and political factors that favorably affected the industry as well as continuous investments in R&D and GMP upgrades.

Products and services

KPMA aims to strengthen collaboration of Republic of Korean companies with pharmaceutical companies already having experience in product launches in multiple markets. I sincerely hope Republic of Korean pharmaceutical industry to promote international collaboration for advancing the healthcare industry.

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