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Korean Industry Demands Bold Support Amid US Policy Moves

IRA Impact Still Uncertain

Executive Summary

As the global biopharma industry attempts to understand the implications of the US Inflation Reduction Act, South Korea's biopharma industry is pressing its government to come up with "bold and rapid" additional measures to reduce the possible negative impact of the legislation and other US policies with international implications, and to support the sector amid generally rising global competition.

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