Seoul, July 8 (IANS) South Korea’s exports of biopharmaceutical products are expected to post the highest level on record in the first quarter this year, government data showed on Wednesday.The product category’s estimated exports for the first six months of the year was $4.5 billion, up 15.3 percent, according to the Ministry of Food and Drug Safety, reports Yonhap news agency.They accounted for 86.5 percent of all pharmaceutical exports of $5.2 billion in the first half.Biopharmaceutical expor…
Latest Ministry of Food and Drug Safety News & Updates
Seoul, July 2 (IANS) South Korea’s exports of pharmaceuticals surpassed $10 billion for the first time last year, while production of such products also climbed to a new record high, government data showed on Thursday.South Korean companies exported a total of $10.44 billion worth of pharmaceuticals in 2025, up 12.4 percent from a year earlier, according to the data from the Ministry of Food and Drug Safety, reports Yonhap news agency. Imports advanced 5.9 percent on-year to $8.93 billion.Trade …