What policy does Korea need to achieve vaccine hub ambition?
What should Korea do to become a
global vaccine manufacturing hub?
Covid-19 vaccine manufacturing was
the key issue in the recent summit between Korean President Moon Jae-in and
U.S. President Joe Biden and the G7 summit in the U.K.
To discuss how to nurture the
Korean vaccine industry, healthcare industry officials, scholars, researchers,
and government officials gathered in Seoul.
The 9th Healthcare Future Forum,
held at Marina Convention Center in Yeouido, Seoul, Wednesday, was themed on
“strategies to make Korea a global vaccine hub.”
The event was hosted by the
Ministry of Health and Welfare and the Democratic Party’s Vaccine Treatment
Special Committee, and organized by the Korea Health Industry Development
Institute (KHIDI).
Professor Kang Dae-hee of
preventive medicine at the Seoul National University College of Medicine
criticized the government for not allocating sufficient budget to the
bio-health sector.
“Of the 27.4
trillion won ($24.2 billion) national R&D budget in 2021, only 1.75
trillion won is invested in the bio-health sector. They’ve been saying the
sector is important repeatedly but the proportion of R&D going into the
bio-health industry has not changed much,” he said.
To become an international vaccine
hub, the government needs to support the industry, set up new related agencies,
revise institutional systems, and promote global communication, Kang said.
Regarding the government's
financial support for healthcare companies, Kang said it was meaningless to
invest a small amount of money for a long term.
“The
government has to invest a lot of money in a short time aggressively. That way,
companies can face honest failure,” he said.
Oh Dong-wook, chairman of the
Korean Research-based Pharma Industry Association (KRPIA), who is country
manager of Pfizer Korea, spoke on changes in the global value chain of the
bio-health industry.
The Covid-19 pandemic led to more
open innovation, deregulation, and spread of partnership culture, Oh noted.
“Because of
Covid-19, people reached a social consensus that the healthcare industry not
only affects people’s health but society as a whole,” he said.
To become globally competitive, the
Korean bio-health industry needs a creation of an “innovative ecosystem,”
innovative growth, and cooperation in a virtuous cycle, he added.
In a policy debate, experts
discussed “changes in the global value chain and response measures.”
The debate was chaired by Seong
Baik-lin, director general of the Vaccine Innovative Technology Alliance Korea
(VITAL-Korea), who is a professor at Yonsei University.
Officials from the Korea
Pharmaceutical and Bio-Pharma Manufacturers Association (KPBMA), KRPIA, Korea
Drug Development Fund (KDDF), Korea Institute for International Economic Policy
(KIEP), and healthcare professionals joined the debate.
Experts emphasized that vaccine
development technologies against infectious diseases including Covid-19 are
crucial to reinforce national competitiveness.
Myongji Hospital Chairman Lee
Wang-jun, one of the panelists at the debate, said Covid-19 vaccines have
become a political issue.
“As we could
see in the Korea-U.S. summit and the G7 summit, vaccines are regarded as a
strategic weapon,” Lee said.
The government plans to make Korea
a global vaccine hub by helping Korean products and companies enter the global
vaccine value chain, he went on to say.
“We need to
think about what role Korea can play as a leading Asian nation (in vaccine
manufacturing),” he said.
Also, the nation needs a practical
approach to gather forces of business, academia, and research in the Covid-19
pandemic situation, Lee said.
“While
strengthening the infrastructure, it is necessary to explore the development of
various vaccine platforms such as DNA vaccines in addition to mRNA vaccines,”
he added.
KDDF CEO Muk Hyun-sang stressed the
need for large-scale investment by the private sector to develop innovative
medicines including Covid-19 vaccines.
“Five
companies are developing a Covid-19 vaccine in Korea. But due to limited
government budget, only one company can receive KDDF’s support for a phase-3
trial,” Muk said.
He said the government cannot
support companies in the private sector forever, and the government budget
should be just a starting point to raise a private fund.
“Private
funds reduce the burden on the government, generate revenue for private
investors, and allow drugmakers to focus on their jobs,” Muk said.
“It is most
desirable for the private sector and the government to work together.”
Eom Seung-in, head of the policy
affairs division at KPBMA, mentioned the strength and weakness of the domestic
vaccine industry.
The local vaccine industry is so
small-sized that its total revenue is only about 200 billion won, he noted. In
addition, the seriously low birth rate in Korea has pushed down the number of
children subject to vaccination, he said.
“This is an
environment where the local market cannot grow. Other factors hindering the
vaccine industry’s growth are insufficient manpower, high labor costs, and
rising production costs,” Eom said.
In contrast, positive factors for
the industry include many vaccine manufacturing facilities compared to the
small population and local companies’ rich experience in export, he went on to
say.
Delivering the industry’s message,
Eom said the government should keep signaling that it would continue to support
the vaccine market even after Covid-19 ends to promote corporate R&D.
Lim Chong-yoon, chairman of the
Korea Biotechnology Industry Organization, who is also CEO of Hanmi Science,
said the goal of a homegrown mRNA vaccine development should be making a
“best-in-class” vaccine, not a “first-in-class” one.
Korea BIO has over 400 members and
there are many firms with the potential to do R&D for a mRNA vaccine, Lim
noted.
“We have to
take full advantage of this situation and jump into a business we can do right
now,” he said.
In this sense, Korean companies
could aim to get the license for generic copies of mRNA vaccines by Moderna or
Pfizer, Lim said.
“We will
have to get technology transferred but at least two local companies will be
able to take the full procedure of manufacturing,” he said.
If Korean companies pay to use the
intellectual property right of Pfizer or Moderna, or if the U.S. waives IP
protection for Covid-19 vaccines, local companies could join forces to make
generic vaccines in the shortest time, Lim said.
“We will be
able to produce 50 million to 100 million doses of vaccines within this year,”
he said.
Quoting remarks of Mike Ryan,
executive director of the WHO’s Health Emergencies Program, Lim said money
required for the COVAX program to distribute Covid-19 vaccines worldwide is
less than 1 percent of the global defense expenditure.
“The human race will be willing to give that 1 percent to save lives,” he added, emphasizing people’s social responsibility.
출처: Korea Biomedical Review