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Cluster Wars: Korea’s Challenges In Shaping a Boston Style Biopharma Hub

Multiple Small Centers Create Issues

Executive Summary

South Korea has yet to come up with detailed plans for a major national biopharma cluster, but is considering a virtual approach to connect existing industry hubs nationwide. At a recent policy forum, experts discussed related issues including governance and insufficient investment, as well as the need to attract foreign firms and capital to compete with rival clusters in Asia.

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