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  • Large companies more actively engage in patent challenges
  • by Kim, Jin-Gu | translator Kim, Jung-Ju | Nov 17, 2023 05:59am
Polarization of patent challenges.. the larger the company, the more patent challenges it takes on
Companies with sales ranging from KRW 100 bil-300 bil apply for generic exclusivity the most in 2021
By average number of applications per company, companies that post sales of KRW 300 bil or more filed the most, 7.7 on average
Pharmaceutical and bio companies with annual sales of more than KRW 300 billion were found to be most actively engaging in patent challenges.

As of 2021, pharmaceutical companies with sales exceeding KRW 300 billion applied for an average of 7.7 generic exclusivity approvals per company. The average number of applications for generic exclusivity filed by each company was smaller for smaller companies.

In Bum Kim, the expert consultant at Kim & Chang, introduced the above statistics at the ¡®2023 Pharmaceutical Intellectual Property Policy Forum¡¯ held at the intellectual Property Protection Agency in Seoul on the afternoon of the 16th.

According to statistics, a total of 112 pharmaceutical companies applied for
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