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

Amsterdam (ots/PRNewswire) -

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 ; 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 ; 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

Photo:
http://photos.prnewswire.com/prnh/20130723/629764-a

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