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South Korea's pharmaceutical, biotechnology exports surge 55% in H1 | Zee Business
<!DOCTYPE html> <html lang='en'> <head> <meta charset="utf-8"> <meta http-equiv="X-UA-Compatible" content="IE=edge"> <meta name="viewport" content="width=device-width, initial-scale=1"> <link http-equiv="x-dns-prefetch-control" content="on" /> <link rel="dns-prefetch" href="//cdn.zeebiz.com" /> <!--[if IE 9]> <link rel="prefetch" href="//cdn.zeebiz.com" /> <![endif]--> <link rel="amphtml" href="https://www.zeebiz.com/world/news-south-korea-pharmaceutical-biotechnology-surge-55-korea-pharmaceutical-biopharma-manufacturers-association-298830/amp" /> <script type="application/ld+json"> {"@context":"https:\/\/schema.org","@type":"NewsMediaOrganization","name":"Zee Business","url":"https:\/\/www.zeebiz.com","logo":"https:\/\/cdn.zeebiz.com\/html\/images\/zeebiz.png","address":{"@type":"PostalAddress","streetAddress":"Essel Studio FC-19 Film City","addressLocality":"Sector 16A","addressRegion":"Noida","postalCode":"201301","addressCountry":"India"},"contactPoint":{"@type":"ContactPoint","contactType":"customer support","telephone":"[+91-0120-2511064]","email":"zeebizenglish@zeemedia.esselgroup.com"},"sameAs":["https:\/\/www.facebook.com\/ZeeBusinessEnglish","https:\/\/x.com\/ZeeBusiness","https:\/\/www.instagram.com\/zeebusinessofficial\/","https:\/\/www.youtube.com\/@ZeeBusiness","https:\/\/whatsapp.com\/channel\/0029Va89fXr60eBihrpYvB2f"]} </script><meta name="news_keywords" content="South Korea,pharmaceutical,biotechnology" /> <script type="application/ld+json"> {"@context":"https:\/\/schema.org","@type":"WebPage","name":"South Korea's pharmaceutical, biotechnology exports surge 55% in H1","description":"In the first six months of the year, the country exported 4.5 trillion won ($3.26 billion) worth of pharmaceutical and biotechnologies, up 55 per cent from 2.9 trillion won (about $2.09 billion) for the same period last year, according to the data from the Korea Pharmaceutical and Bio-Pharma Manufacturers Association.\n","url":"https:\/\/www.zeebiz.com\/world\/news-south-korea-pharmaceutical-biotechnology-surge-55-korea-pharmaceutical-biopharma-manufacturers-association-298830","headline":"South Korea's pharmaceutical, biotechnology exports surge 55% in H1","image":"https:\/\/cdn.zeebiz.com\/sites\/default\/files\/2024\/06\/29\/302224-thermometer-15391911280.jpg","keywords":"South Korea,pharmaceutical,biotechnology","publisher":{"@type":"Organization","name":"Zee Business","url":"https:\/\/www.zeebiz.com\/","logo":{"@type":"ImageObject","url":"https:\/\/cdn.zeebiz.com\/html\/images\/zeebiz.png","width":600,"height":60}}} </script><meta name="robots" content="max-image-preview:large" /> <script type="application/ld+json"> {"@context":"https:\/\/schema.org","@type":"Person","name":"IANS","url":"https:\/\/www.zeebiz.com\/authors\/ians-1308","jobTitle":"Writer"} </script><script type="application/ld+json"> {"@context":"https:\/\/schema.org","@type":"NewsArticle","url":"https:\/\/www.zeebiz.com\/world\/news-south-korea-pharmaceutical-biotechnology-surge-55-korea-pharmaceutical-biopharma-manufacturers-association-298830","mainEntityOfPage":{"@type":"WebPage","@id":"https:\/\/www.zeebiz.com\/world\/news-south-korea-pharmaceutical-biotechnology-surge-55-korea-pharmaceutical-biopharma-manufacturers-association-298830"},"headline":"South Korea's pharmaceutical, biotechnology exports surge 55% in H1","description":"In the first six months of the year, the country exported 4.5 trillion won ($3.26 billion) worth of ","thumbnailUrl":"https:\/\/cdn.zeebiz.com\/sites\/default\/files\/2024\/06\/29\/302224-thermometer-15391911280.jpg","keywords":"South Korea,pharmaceutical,biotechnology","image":{"@type":"ImageObject","url":"https:\/\/cdn.zeebiz.com\/sites\/default\/files\/2024\/06\/29\/302224-thermometer-15391911280.jpg","height":900,"width":1200},"datePublished":"2024-06-29T13:19:09+05:30","articleSection":"'.World.'","dateModified":"2024-06-29T13:19:29+05:30","articleBody":"'South Koreas exports of pharmaceutical and biotechnologies surged from a year earlier in the first half of the year, data showed on Saturday. In the first six months of the year, the country exported 4.5 trillion won ($3.26 billion) worth of pharmaceutical and biotechnologies, up 55 per cent from 2.9 trillion won (about $2.09 billion) for the same period last year, according to the data from the Korea Pharmaceutical and Bio-Pharma Manufacturers Association. The number of export deals dropped to seven from 12 over the cited period, but the amount of each deal grew sharply, the association noted, adding that each of the three deals signed this month was worth over 500 billion won, reports Yonhap News Agency. At the current rate, the countrys annual total is expected to reach 8 trillion won, according to the association. This means the competitiveness of our countrys pharmaceutical and biopharmaceutical technologies have significantly improved, an association official said. \"","author":{"@type":"Person","name":"IANS","url":"https:\/\/www.zeebiz.com\/authors\/ians-1308"},"publisher":{"@type":"NewsMediaOrganization","name":"Zee Business","logo":{"@type":"ImageObject","url":"https:\/\/cdn.zeebiz.com\/html\/images\/zeebiz.png","width":600,"height":60}}} </script><meta name="description" content="In the first six months of the year, the country exported 4.5 trillion won ($3.26 billion) worth of pharmaceutical and biotechnologies, up 55 per cent from 2.9 trillion won (about $2.09 billion) for the same period last year, according to the data from the Korea Pharmaceutical and Bio-Pharma Manufacturers Association. 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"name": "South Korea's pharmaceutical, biotechnology exports surge 55% in H1" } ] } </script> <div class="article-start"> <h1 class="article-heading article-heading-biz margin-bt10px">South Korea's pharmaceutical, biotechnology exports surge 55% in H1</h1> <h2 class="biz-a-sum">In the first six months of the year, the country exported 4.5 trillion won ($3.26 billion) worth of pharmaceutical and biotechnologies, up 55 per cent from 2.9 trillion won (about $2.09 billion) for the same period last year, according to the data from the Korea Pharmaceutical and Bio-Pharma Manufacturers Association. </h2> <ul class="social-biz"> <li><a href="https://twitter.com/share?url=https://www.zeebiz.com/world/news-south-korea-pharmaceutical-biotechnology-surge-55-korea-pharmaceutical-biopharma-manufacturers-association-298830&text=South+Korea%27s+pharmaceutical%2C+biotechnology+exports+surge+55%25+in+H1" target="_blank"><img src="https://cdn.zeebiz.com/sites/all/themes/zeebiz/images/X-13x27.svg" 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to reach 8 trillion won, according to the association. Representational Image: Pixabay</div> </div> </div> <div> <div class="row artposchngbox" style="padding-bottom:20px;"> <div class="col-lg-9 col-md-9 col-sm-12 pad-left sidebar298830 col-md-push-3"> <div class="sidebar-inner"> <div class="article-para"> <!-- CRE Widget --> <script> var c_id = ''; gtag('get', 'UA-75361766-1', 'client_id', (client_id) => { c_id = client_id; }); // CRE Splide Click $("body").on("click", ".splide__slide_tranding", function(){ var itemJSON = {}; itemJSON = itemJSONCompile($(this),"click", c_id); dataLayer.push(itemJSON); //console.log('event fired ', itemJSON); }); // CRE Splide Click left $("body").on("click", ".slider-trending .slick-prev", function(){ var itemJSON = {}; itemJSON = itemJSONCompile($('.splide__slide_tranding.slick-current'),"left", c_id); dataLayer.push(itemJSON); //console.log('event fired ', itemJSON); }); //CRE Splide Click right $("body").on("click", ".slider-trending .slick-next", function(){ var itemJSON = {}; itemJSON = itemJSONCompile($('.splide__slide_tranding.slick-current'),"right", c_id); 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} </script> <!-- CRE Widget --> <div id="fieldcontent" class="star298830"><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even" property="content:encoded"><p>South Korea's exports of pharmaceutical and biotechnologies surged from a year earlier in the first half of the year, data showed on Saturday.</p><div class='block margin-bt30px adATF'><div id='div-gpt-ad-AS-Inarticle-1'></div><script> googletag.cmd.push(function() { googletag.defineSlot('/11440465/Zeebiz_Web/Zeebiz_AS_Inarticle_1_300x250', [300, 250], 'div-gpt-ad-AS-Inarticle-1').addService(googletag.pubads()); googletag.display('div-gpt-ad-AS-Inarticle-1'); }); </script></div></p> <p>In the first six months of the year, the country exported 4.5 trillion won ($3.26 billion) worth of pharmaceutical and biotechnologies, up 55 per cent from 2.9 trillion won (about $2.09 billion) for the same period last year, according to the data from the Korea Pharmaceutical and Bio-Pharma Manufacturers Association.</p><div id='v-zeebiz-v0'></div></p> <p>The number of export deals dropped to seven from 12 over the cited period, but the amount of each deal grew sharply, the association noted, adding that each of the three deals signed this month was worth over 500 billion won, reports Yonhap News Agency.</p> <p>At the current rate, the country's annual total is expected to reach 8 trillion won, according to the association.</p> <p>"This means the competitiveness of our country's pharmaceutical and biopharmaceutical technologies have significantly improved," an association official said.</p> </div></div></div></div> <!-- CRE Widget --> <p><i> Get <a href="https://www.zeebiz.com"><strong>Latest Business News</strong></a>, <a href="https://www.zeebiz.com/india/markets"><strong>Stock Market</strong></a> Updates and <a href="https://www.zeebiz.com/videos"><strong>Videos</strong></a>; 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