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Biggest Pharmaceutical Companies In Korea - Celltrion inc, sk bioscience ltd, sk biopharmaceuticals co ltd, yuhan corp, and hanmi pharmaceuticals co ltd are the top 5 pharma companies in south korea in 2023 by market capitalization (as of ). In 2023, yuhan corporation posted the largest revenue among pharmaceutical companies in south korea, at around 1. 86 trillion south korean won. Chong kun dang pharmaceutical corp is one of the leading korean pharmaceutical manufacturers and has a great strength on domestic sales not only with prescription drugs.
The pharmaceutical market in korea was worth 25. 4 trillion south korean won in 2021. Lg chem ltd, celltrion inc, yuhan corp, gc biopharma corp, and chong kun dang pharmaceutical corporation are the top 5 companies in south korea in 2021 by revenue. The top 10 korean pharma companies ranked by 2023 sales, as compiled in the latest citeline scrip asia 100. Hanmi leads the way with usd 1. 14 billion in sales, a 10 percent increase on the previous year, followed by daewoong and boryung.
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