South Korea

Why South Korea?

Health system: National Health Insurance covers up to 95% of medical costs, especially for cancer, stroke, CVD and orphan disease

Reimbursement potential: 66.3% of Koreans have private insurance covering up to 90% of medical costs

Population: 60 cities of 1m+ population are within a three hour flight, accounting for 28% of global GDP

Regulatory environment: a similar regulatory approval process to Japan. In addition, they offer free consultancy services

Seamless partnerships: If a Western organisation partners with a Korean biotech they receive a grant/funding for their clinical trial


Located in the heart of Seoul, the Grand InterContinental Seoul Parnas is an ideal place becuase of its close proximity key places within the center. 

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