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President's Greeting

Korean Pharmaceutical Innovators' Group
Korea Drug Research Association

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Welcome to Korea Drug Research Association.

We established the Korea Drug Research Association in 1986 with the mission for global new drug development.

Unlike the prior pharmaceutical industry that centralized on the sales with generic drug production, the implementation of the substance patent system found a new way to select the “new drug development” as its new business in the BT area.

We are changing into the innovative technology management from the typical manufacturing management through new drug development, such as new drug/IMD development and technology export.

Without any preparation, we overcame both the substance patent system implementation in 1987 and the IMF crisis that shook our whole economy in 1997. The Korea Drug Research Association has now advanced to become a centralized research and development organization with over 520 union member companies of drug developing small/big/venture businesses, universities, funded research institutes, and CROs.

We played a leading role in legislating the “Special law on the development and support of the pharmaceutical industry”, the “Natural product drug research and development promotion act”, and in amending the “Biotechnology Support Act” for foresting and support for drug development by the government. With close cooperation with relevant government policy making, we are working to make an environment where reasonable alternatives can be presented.

To make sure that accumulated studies on the new drug development with limited resources will succeed in the global market, we will do our best to create a reinvestment environment on the overall life cycle of the new drug development, such as support in the advancement of the pharmaceutical industry structure, utilize specialized support with industrial capabilities and characteristics, and support drug coverage incentives for innovative pharmaceuticals.

With the global open innovation commercialization system, we hope for flexibility in coping with the sudden internal and external environmental changes and take a step forward.

Sung Han Hong
Chairman of the board
Korea Drug Research Association

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Korea Drug Research Association
Address : 24, Beodeunaru-ro 14ga-gil, Yeongdeungpo-gu, Seoul, Korea (07230), Tel. : +82-2-525-3106, Fax. : +82-2-525-3109, E-Mail : kdra@kdra.or.kr, Website : http://www.kdra.or.kr Copyright © Korea Drug Research Association (KDRA). All Rights Reserved.
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