South Korea aims to be a top-five biotech leader by 2027, targeting $20.5 billion in exports.

South Korea targets becoming a top-five biotech leader by exporting $20.5 billion in biotechnologies by 2027. The Ministry of SMEs and Startups plans to build a bio venture ecosystem to commercialize core technologies and develop new medicines, aiming to create at least three unicorn companies valued over 1 trillion won by 2027. Additionally, the country seeks to become a leading AI power by launching a $683 million project to develop advanced AI.

January 15, 2025
4 Articles