CPhI Korea Launches as South Korea Commits to Extensive Drug Development Over Next 5 Years

PR55997

AMSTERDAM, Feb. 27, /PRN=KYODO JBN/ --

New event to accelerate and nurture South Korea's "Pharma 2020 Vision"

UBM Live has today announced the latest addition to its global pharmaceutical

events portfolio, CPhI Korea 2014, which will take place on September 2nd-3rd

2014 at the COEX in Seoul, South Korea.

     (Logo: http://photos.prnewswire.com/prnh/20130723/629764-a )

South Korea is now an undisputed member of the "developed pharmaceutical

market" and home to the fastest growing industry within the developed 'league'

according to IMS Health- which reported the Country's double digit growth rate

over the last 5-years and predicted a CAGR of 6.5% until 2015. Furthermore,

South Korea is ideally located to attract key delegates and industry leaders

from Japan, China, India and Hong Kong. The event will act as a centralised hub

for regional drug manufacturers to meet with global suppliers of raw materials,

machinery, packaging solutions and contract services, as well as attracting

visitors from the region looking for suppliers and manufacturing partners to

bring cost-competitive pharmaceuticals to their individual markets.

The South Korean Government has affirmed its commitment to driving

pharmaceutical R&D and innovations, with a clear "Pharma 2020 vision". By 2020,

the country will have invested $8.9 billion into drug development, whilst

setting out clear goals and projects including open innovation through

enlargement of R&D and the collaboration of pharmaceuticals and finance to fund

the extensive drug development plans.

CPhI Korea will be co-located with ICSE for contract services, providing an

integrated platform for facilitating and encouraging the innovation and growth

plans set out by the country. The two-day event will include a conference

programme emphasising CPhI Korea's role in enabling international and domestic

business.

Highlights of CPhI Korea 2014:

Co-location with ICSE providing services and opportunities through the whole

supply chain

Conference programme featuring opinion leaders from Government, academia and

industry- with workshops, round tables and plenary sessions

A buyers programme to deliver high-value buyers in growing markets

Potential one-to-one partnering for visitors and exhibitors to provide new

leads and business partners

Chris Kilbee, Group Director, CPhI Pharma Portfolio, commented on the launch of

the event: "CPhI Korea will provide an unrivalled opportunity for

pharmaceutical industry delegates, stimulating key growth as the country

strives to develop multiple drugs over the coming years. South Korea's

commitment to R&D within the industry should be a benchmark model for other

economies to follow, particularly as the healthcare landscape continues to

rapidly change and healthcare demand is on the rise. The government support of

R&D represents a remarkable growth opportunity and the launch of CPhI Korea

will facilitate the innovations we are likely to witness as part of the

country's 5-year plan.  CPhI Korea is launching at a boom time in the region

and provides an unrivalled platform for domestic and international pharma

companies to augment the next stage of development in this rapidly maturing and

dynamic market".

About CPhI

CPhI drives growth and innovation at every step of the global pharmaceutical

supply chain from drug discovery to finished dosage. Through exhibitions,

conferences and online communities, CPhI brings together more than 100,000

pharmaceutical professionals each year to network, identify business

opportunities and expand the global market. CPhI hosts events in Europe, China,

India, Japan, Korea, Southeast Asia, Istanbul, Russia and South America and

co-locates with ICSE for contract services, P-MEC for machinery, equipment &

technology, InnoPack for pharmaceutical packaging and BioPh for biopharma. CPhI

provides an online buyer & supplier directory at CPhI-Online.com.

For more information visit: http://www.cphi.com

The UBM Live annual schedule of Pharmaceutical events also includes CPhI, ICSE,

P-MEC, BioPh and Pharmatec Japan (9-11 April, 2014 at the Big Sight Exhibition

Centre- Tokyo); CPhI Russia and IPhEB (16-17 April, 2014 at the Lenexpo

Exhibition Complex- St Petersburg, Russia); CPhI, P-MEC and Innopack South East

Asia (20-22 May, 2014 at the Jakarta International Expo- Jakarta, Indonesia);

CPhI Istanbul (4-6 June, 2014, at the Lutfi Kirdar Convention and Exhibition

Centre- Turkey); CPhI, Hi and Fi, ICSE, P-MEC, BioPh and LabWorld China (26-28

June, 2014 at SNIEC- Shanghai, China); CPhI South America (5-7 August 2014 at

Expo Centre Norte, Sao Paulo- Brazil); CPhI, ICSE Korea (2-3 September, 2014 at

the COEX- Seoul, South Korea); CPhI, ICSE, P-MEC and InnoPack Worldwide (7-9

October 2014, Paris Nord Villepinte- France); CPhI and P-MEC India (2-4

December, 2014 at the Bombay Exhibition Centre- Mumbai).

About UBM Live

UBM Live connects people and creates opportunities for companies across five

continents to develop new business, meet customers, launch new products,

promote their brands, and expand their market. Through premier brands such as

TFM&A, Internet World, IFSEC, MD&M, CPhI, Cruise Shipping Miami, the Concrete

Show, and many others, UBM Live exhibitions, conferences, awards programs,

publications, Websites, and training and certification programs are an integral

part of the marketing plans of companies across more than 20 industry sectors.

For media enquiries, please contact:

Alex Heeley or Tristan Jervis    

De Facto Communications

T: +44(0)207-203-6745 / 6740

E: a.heeley@defacto.com / t.jervis@defacto.com

Source: UBM Live