DAEWOONG PHARMACEUTICAL CO., LTD

DAEWOONG PHARMACEUTICAL CO., LTD Overview

Company Headquarters: Gangnam-gu, Seoul, Republic of Korea

Founded: 1945

Workforce: ~ 1,600+

Company Working:

Daewoong Pharmaceutical Co., Ltd is a prominent player in the Korean pharmaceutical market with a market share of approximately USD 800 million in the domestic market. The company focuses on research & development of solutions related to gastrointestinal, cardiovascular, neuroscience & pain, and fibrotic disease, immuno-oncology, and autoimmune disease. It operates through business segments such as prescribed medicine and medical devices. It has a strong presence in the global pharmaceutical market and exports its products to countries such as Australia, Canada, EU 28 countries, Hong Kong, the Middle East, Philippines, South Africa, Taiwan, Thailand, Turkey, the US, and Vietnam.

Strategy

Daewoong Pharmaceutical Co., Ltd is a leader in the Korean pharmaceutical market in the prescription products segment. The company focuses on increasing its geographical boundaries through strategic agreements and partnerships. It also focuses on increasing investments in research and development. For instance, it increased its R&D investment from 2.79% (2015) to 11.12% in 2016. The company emphasizes on strengthening its distribution and has a skilled workforce. It covers more than 15,000 hospitals & clinics and academic institutes.

Company Snapshot

$678.9M

Revenue

1,600

Employees

1945

Founded

Gangnam-gu, Seoul, Republic of Korea

Headquarters

SWOT Analysis

Strengths

Unique products
Prominent presence in Asia-Pacific
Strong distribution channel and skilled workforce
Strong focus on R&D

Weaknesses

Dependent on Asia for revenue generation
Financial instability due to M&A activities

Opportunities

Enhancing the product portfolio by launching new products
Collaborations with research institutes and biopharmaceutical companies to expand geographical boundaries

Threats

Collaborations with research institutes and biopharmaceutical companies to expand geographical boundaries

Product Offering

DAEWOONG PHARMACEUTICAL CO., LTD
- Global Brand

Financial Performance

What our clients say

Trusted by forward-thinking businesses
for data-driven intelligence

Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.

Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.

Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.

Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.

Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.

Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.

Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.

Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!

Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.

Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.