The Pharmaceutical Industry in Korea
Developing new drugs! Expansion into the global market!
Becoming a pharmaceutical powerhouse that provides health and jobs with the people
The pharmaceutical industry in Korea has a long history of nearly 120 years, and it has been more than 70 years since the founda- tion of the Korea Pharmaceutical and Bio-Pharma Manufacturers Association (KPBMA).
Up until now, the Korean pharmaceutical industry has been working hard in order to improve the nation-and more efficient high-quality drugs, to expand R&D invest- ment in medicinal products so that we can keep pace with the most advanced pharmaceutical firms in the world, and to contin - ue expanding our cutting-edge manufacturing facilities. In 2018, as a result, we are seeing more and more domestic medicinal
What the KPBMA and its 195 member companies is focusing on, besides new drug develop- ment through R&D investment and global market entrance, is the establishment of transparent distribution order. Following the establishment of Code of Ethics and Voluntary Compliance Pro- gram for Fair Trade, to this end, well about our efforts to prac- tice ethical management. Now in 2018, we are trying to introduce ISO 37001, global standard for anti-bribery management sys- tem, to further our efforts for ethical management. Also, as a responsible member of society, the KPBMA is making various so- cial contributions to meet social to the national economy, while proposing values and visions for Korean pharmaceutical industry to the people of Korea, commu- nicating with them to share our visions.
We look forward to your support and encouragement.