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Your Gateway

to Korea’s

Co-located with
Bio Market!

26 - 28 AUG 2025 | COEX, Seoul

Korea’s Pharma & Bio Market Insights

Market Overview Open Innovation Strong R&D Government Support

Korea’s bio industry grew Many leading Korean Korean biopharmaceutical Korea actively backs its
at an average annual pharmaceutical industrys are rapidly pharma and biotech
growth rate of 8.2%, which companies are actively expanding the pipeline of sectors with public
is more than double the collaborating with new drugs. The number of funding, policy plans, and
growth rate of Korea's GDP international partners to domestically developed infrastructure investment.
(3.8%) The market size is co-develop drugs and new drugs increased from The government is
ranking 13th globally, but expand into global 30 in 2019 to 38 in 2024 supporting international
Korea is raising its status markets. Korea's biotech and the number is collaboration through
as a global start-ups are also rapidly expected to continue rising AI-driven drug
biopharmaceutical growing, with many of in the coming years. development programs,
production base. them university spin-offs. funding, and networking
platforms.

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