Top 10 Pharmaceuticals Companies in South Korea in 2021 by Revenue
LG Chem Ltd, Celltrion Inc, Yuhan Corp, GC Biopharma Corp, and Chong Kun Dang Pharmaceutical Corporation are the top 5 companies in South Korea in 2021 by revenue. Cumulatively, the top 10 Companies in South Korea generated revenue of $34,925 million, with average revenue growth of 12.42%, the highest revenue was generated by LG Chem Ltd ($25,513 million), followed by Celltrion Inc ($1,569 million) and Yuhan Corp ($1,374 million), while Jeil Pharmaceutical Co Ltd stood the lowest ($586 million). They employed a total of 25,220 people in 2021. In terms of the geographical split, all 10 Pharmaceuticals Companies are based in the Asia region. They employed a total of 25,220 people in 2021. South Korea-based LG Chem Ltd is the leading pharmaceutical company in South Korea in 2021 by revenue. The company is a chemical manufacturer, it manufactures and markets petrochemicals, IT and electronic materials, and energy solutions. Its product portfolio comprises polyvinyl chloride (PVC), ethylene, propylene, butadiene, benzene, polarizer, a glass substrate, semiconductor materials, and RO membranes among others. The company generated revenue of $37,282 million, with revenue growth of 4.2%. The company operates through five reportable business segments, Petrochemicals; Energy solutions; Advanced Materials; Life sciences; and Common and Others with 14,280 employees. Celltrion Inc is one of the leading pharmaceutical companies in South Korea in 2021 by revenue. The company manufactures biosimilars and offers contract manufacturing and development services to the manufacturers of protein-based pharmaceuticals. The company offers process and analytical development services and clinical and commercial production capabilities. The company generated revenue of $1,569 million, with revenue growth of 3.4%. The company has a sales distribution network for the distribution of its products in developed markets such as the US and Europe. It operates subsidiaries in South Korea, Russia, the UK, and the US. It employs 1,074 people.