Life Sciences 2026

SOUTH KOREA Trends and Developments

Trends and Developments Contributed by: Keum Nang Park, Eileen Jaiyoung Shin, Eunkyoung Lyu and Soo Yeon Park Lee & Ko

Lee & Ko has become one of Korea’s premier full- service law firms, widely recognised for its leader- ship and outstanding success in every area of legal practice. As has been confirmed in numerous reviews conducted by Korea’s major media outlets, as well as ratings produced by international law firm rating services, Lee & Ko enjoys one of the highest levels of client satisfaction and a particularly excellent reputa-

tion for the quality of the firm’s legal services. Lee & Ko’s healthcare practice group of more than 70 professionals focuses on providing legal services ex- pertly tailored to meet the needs of clients with spe- cific concerns around healthcare and related matters, including pharma, bio, medical devices, food and beverage products, medical data with AI application, genome analysis, DTC, tobacco and cosmetics.

Authors

Keum Nang Park is the co-head of the healthcare and life sciences group at Lee & Ko and a leading expert in intellectual property law and pharmaceutical affairs law. She is a licensed pharmacist in both Western

with the firm’s market access practice. Her expertise extends to cross-border transactions and market entry strategies, ensuring clients align with evolving global compliance requirements.

Eunkyoung Lyu is a partner in the healthcare and life sciences practice group at Lee & Ko. Prior to joining Lee & Ko in 2013, she served as a patent

and Eastern medicine and holds a Master’s degree in Pharmacology. Her background enables her to effectively represent clients in complex, multi- jurisdictional litigation involving pharmaceuticals, medical devices and biotechnology. She has extensive experience advising on regulatory compliance, patent disputes, and market entry strategies for pharmaceutical companies, and her expertise has been widely recognised through government acknowledgement and numerous prestigious accolades.

examiner at the Korean Intellectual Property Office (KIPO) for seven years. She also worked as a deputy director at the Ministry of Environment and the Ministry of Commerce, Industry and Energy after passing the National Higher Civil Service Examination in 1999. She has extensive experience advising pharmaceutical clients on regulatory compliance and patent disputes and strategies. She also possesses in-depth knowledge of intellectual property rights, particularly in the pharmaceutical and biologics sectors, and primarily focuses on the enforcement of IP rights for pharmaceutical companies.

Eileen Jaiyoung Shin is a partner in Lee & Ko’s healthcare and life sciences practice group, specialising in corporate matters, commercial transactions and healthcare regulatory compliance. She has

extensive experience advising clients in the pharmaceutical, medical device, cosmetic, tobacco, and food industries on regulatory compliance, licensing and transactional matters. She provides strategic guidance on corporate governance and risk management in highly regulated sectors and regularly assists multinational clients with new drug pricing strategies, reimbursement policies and post-launch life cycle management, working closely

Soo Yeon Park is a partner in the healthcare and life sciences practice group at Lee & Ko, specialising in regulatory, transactional and intellectual property matters related to pharmaceuticals, medical devices

and other healthcare products. She has extensive experience advising clients in the pharmaceutical, medical device, cosmetic, tobacco and food

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