Interview with Tong-Soo Chung, Head, Invest Korea
Could you please give a brief presentation of Invest Korea to our readers? Invest Korea is the national investment promotion agency, responsible for attracting FDI into Korea. We have existed…
One of the leading pharmaceutical companies in Korea, has created its own history: Boryung Pharm., as a parent company of Boryung Pharmaceutical Group, has been founded in 1963 after opening Boryung Pharmacy in 1957, and solidified its leadership position as a herb medicine manufacturer. From the year 1967 with Yongkaksan, Kushim, Gelfos and Kiungwhan, the legend recognized by all people have been created. Lately by developing and exporting new drugs such as Doxorubicin HCl and Fimasartan which are developed by our own technology, Boryung Pharm. is playing a major role as a principal axis power in the globalization of Boryung Pharmaceutical Group. Boryung Pharm., one of the 10 best pharmaceutical companies in Korea, is contributing to human health by manufacturing and launching on the market with 300 ethical products and 60 OTC products based on the initiative of Boryung R&D Institute.
Could you please give a brief presentation of Invest Korea to our readers? Invest Korea is the national investment promotion agency, responsible for attracting FDI into Korea. We have existed…
Boryung has a very interesting history, starting as a pharmacy in Seoul and going on to become one of the top 10 pharmaceutical companies in South Korea. What can you…
What drove you to make the move from the academia to the business sector when you decided to establish Medy-Tox in 2000? I founded Medy-tox in the year 2000, in…
What are the origins of Lundbeck in Korea and your involvement in its establishment? I joined Lundbeck just before it was officially established in Korea in April 2002. We started…
Though you have recently been appointed as President of KRIBB, your history with the institute goes quite far back. Could you please briefly explain the role it plays within South…
Could you please introduce Shinpoong, which you founded in 1962, and mention the main milestones of this unique company in the Korean pharmaceutical industry? I founded Shinpoong in a very…
Novartis’ Head Office in Basel, Switzerland as well as several prior international assignments in Asia and Europe. What do you find as the most interesting particularities of the pharmaceutical sector…
Please introduce the Korean Food and Drug Administration (KFDA) and its main health-related responsibilities within the Korean government… The KFDA’s main duty is to cooperate and support with domestic and…
How would you rate South Korea’s healthcare system when compared to regional peers and other OECD countries – main strong points and room for improvement? Since the introduction of the…
You have a very long track record working with Novo Nordisk in Asia. What is your perspective on the Diabetes explosion that has been taking place in this part of…
You have recently taken over the position as head of AstraZeneca in South Korea, after several years working in China. What view did you have of the Korean pharmaceutical sector…
You are one of the foreign multinational directors with most time in the Korean pharmaceutical industry, since 2003. What is your assessment of the direction the market has taken in…
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