R&D investment in the pharmaceutical industry South Korea 2016-2019, by company type

Published by Statista Research Department, Jun 26, 2024
In 2019, South Korean pharmaceutical companies dealing with the manufacturing of finished medical products invested over 1.36 trillion South Korean won into research and development (R&D). Research spending has been increasing across all manufacturing specializations.

Value of research and development (R&D) investment in the pharmaceutical industry in South Korea from 2016 to 2019, by company type (in billion South Korean won)

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Release date

October 2021

Region

South Korea

Survey time period

2016 to 2019

Supplementary notes

1,000 South Korean won equals 0.83 U.S. dollars or 0.74 euros as of March 2022.

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