R&D investment value in biotech industry in South Korea 2021, by sector

Published by Statista Research Department, Mar 3, 2023
In 2021, the largest amount of research and development (R&D) investment within the biotech industry in South Korea lay at around 2.8 trillion South Korean won allocated to the biopharmaceutical sector. This was closely followed by the biochemical and bioenergy sector at around 2.1 trillion won.

Value of research and development (R&D) investment in biotech industry in South Korea in 2021, by sector (in billion South Korean won)

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Release date

December 2022

Region

South Korea

Survey time period

2021

Supplementary notes

Figures have been rounded.

1,000 South Korean won equals 0.76 U.S. dollars or 0.72 euros as of March 2023.

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