Market intelligence, trend analysis and forecasts for the Pharma and Healthcare industries across the regions

Companies / South Korea

Korean Drug Market Set For Dynamic Growth

January 2006 | Company Finance Alert

The prescription drug market in South Korea is likely to grow by 16% in 2006, driven primarily by the country’s elderly population, claim market observers. Sales of prescription drugs are forecast to reach KRW5.1bn (US$5.17bn) in 2006. This compares to a figure of KRW4.6bn (US$4.66bn) for the first ten months of

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