Market Chatter: South Korea Aims to Be Among Top Five Global Bio Leaders

MT Newswires Live
27 Feb

South Korea's Acting President Choi Sang-mok reaffirmed the country's ambition to rank among the world's top five leaders in the advanced bio sector by 2035, Yonhap News reported Wednesday.

Choi stressed public-private cooperation and urged leadership in the contract development and manufacturing organization (CDMO) industry, with plans to expand domestic CDMO capacity 2.5 times and become the top global CDMO player by 2032, the report said.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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