Korea’s pharmaceutical exports set to top $10 bn, led by ‘K-M7’ champions

Surge in biosimilar shipments to Europe is driving projections of a record-breaking 2025

Korea is a leading pharmaceuticals exporter (Courtesy of Getty Images)
Korea is a leading pharmaceuticals exporter (Courtesy of Getty Images)
Tae-Ho Lee and Dae-Hun Kim 2
2025-05-05 17:27:36 thlee@hankyung.com
Bio & Pharma

South Korea’s pharmaceutical exports are on course to surpass $10 billion this year, underscoring the country’s growing clout in the global biotechnology market as companies like Samsung Biologics Co. and Celltrion Inc. extend their international reach.

Samsung Biologics shares fly high to be Korea’s third most valuable firm

Samsung Biologics shares fly high to be Korea’s third most valuable firm

Samsung Biologics booth at the BIO International Convention 2024 in San Diego (Courtesy of Yonhap) Samsung Biologics Co., the world’s largest contract drugmaker, has become South Korea’s third most valuable stock on the country’s main bourse, buoyed by strong sales growth and

Samsung Biologics posts record 2024 sales, operating profit as it goes global

Samsung Biologics posts record 2024 sales, operating profit as it goes global

Researchers at Samsung Biologics' third plant in Songdo, Incheon South Korea's Samsung Biologics Co., the world’s largest contract drugmaker, on Wednesday posted its largest-ever annual sales and operating profit, driven by a steady stream of profitable drug-making contracts for pharmaceu

Celltrion’s Vegzelma: Most-prescribed cancer treatment in Europe

Celltrion’s Vegzelma: Most-prescribed cancer treatment in Europe

Celltrion's Vegzelma is a biosimilar of Roche's Avastin, a cancer treatment South Korea’s leading biosimilar drug developer Celltrion Inc.'s Vegzelma, a cancer drug referencing global biopharma Roche’s Avastin, has emerged as the most-prescribed medicine in Europe.According to globa

Celltrion seeks large-scale M&A in Q4, eyes 2027 Nasdaq debut

Celltrion seeks large-scale M&A in Q4, eyes 2027 Nasdaq debut

Celltrion CEO Seo Jin-seok (left) and Chairman Seo Jeong-jin at the JP Morgan Healthcare Conference in San Francisco SAN FRANCISCO – South Korea’s leading biosimilar drug developer Celltrion Inc. seeks to acquire a domestic health food maker as early as the fourth quarter and plans

SK Biopharmaceuticals, Eurofarma to set up AI epilepsy platform JV in US

SK Biopharmaceuticals, Eurofarma to set up AI epilepsy platform JV in US

SK Biopharmaceuticals CEO Lee Donghoon speaks to the press on the sidelines of the JP Morgan Healthcare Conference in San Francisco on Monday South Korea’s SK Biopharmaceuticals Co. has signed a deal with Brazil’s Eurofarma Laboratórios S.A. to establish a joint venture in th

Korean drugmakers control more than half of European biosimilar market

Korean drugmakers control more than half of European biosimilar market

Celltrion's headquarters in Incheon South Korea’s two leading drugmakers, Celltrion Inc. and Samsung Bioepis Co., have achieved a significant milestone in the European biosimilar market, capturing over 50% market share in the six best-selling blockbuster categories.According to global pha

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