Biotech
Korea to support the domestic biotech sector in generating $76.9 billion by 2030
The South Korean government has announced its support for the domestic biotech sector, with the aim of increasing its production...
Celltrion to develop oral autoimmune disease treatment with US firm
Celltrion, a leading biopharmaceutical company in South Korea, has partnered with Rani Therapeutics, a US-based clinical-stage biotech company. According to...
Ministry of SMEs and Startups hosts a “Regulation Breaking” event at Korea Bio Park in Pangyo
South Korea’s Ministry of SMEs and Startups (Minister Lee Young, hereinafter referred to as MSS) hosted a conference called “The...
South Korea to ease regulations for data-driven healthcare startups
South Korea is planning to nurture the biotechnology industry as a new economic growth engine. Choo Kyung-ho, Korea’s Finance Minister,...
AMSBIO to revolutionize Korea’s diagnostic market with saliva-based cancer diagnosis technology
South Korean In Vitro Diagnostics (IVD) medical device, and diagnostic reagent developer, AMSBIO is looking forward to building a new...
South Korean Firms to Inject 10 Trillion Won into Biotechnology by 2023
South Korean biotech companies, including Celltrion and Samsung Biologics, would jointly invest a total of 10 trillion won ($9.03 billion)...
Celltrion’s CT-P59 Antiviral Candidate Reduces COVID-19 Virus 100-Fold
Celltrion announced on Monday that its antiviral treatment candidate CT-P59 for COVID-19 positively lowered the amount of SARS-CoV-2 virus in...
Samsung Biologics Signs 287 Bln Won CMO Supply Deal with GSK
Samsung Biologics Co. on Friday said that it signed an eight-year contract manufacturing organization (CMO) deal valued at 287 billion...
Macrogen’s AxenTM COVID-19 RT Test Kit Gets Export Approval
Macrogen, a South Korean genomics biotech firm, said on Thursday that its test kit AxenTM COVID-19 RT received export approval...
Bioneer’s Molecular Diagnostic Equipment Attracts Global Attention
Bioneer Co., a South Korean biotech firm, on Wednesday, said that it signed a memorandum of understanding (MOU) to source...
SK Bioscience: Gates Foundation Funds 4.4 Bln Won for Vaccine R&D
On Tuesday, SK Bioscience announces that it would receive 4.4 billion won ($3.6 million) financial backing from the Bill &...
SK Holdings Injects 8 Billion Won in Hummingbird Bioscience in Series B
SK Holdings on Monday said that it injected 8 billion won ($6.5 million) in Hummingbird Bioscience to secure novel antibody-based...
“We Connect Science”: LG Chem to Transform into Science Company
Under its new vision, “We connect science to life for a better future,” LG Chem on Thursday announced its plan...
LegoChem Biosciences Signs 496.3 Bln Won Licensing Deal with UK Iksuda
LegoChem Biosciences Inc. announced it signed a 496.3 billion won ($405 million) worth agreement on licensing out its antibody-drug conjugate...
Samsung Biologics, Aprinoia Inks Deal to Develop Alzheimer’s Treatment
Samsung Biologics announced on Tuesday that it signed a contract with Aprinoia Therapeutics to develop the Taiwan-based biotech firm's Alzheimer's...