Korea
MORAI Raises USD 20 Million Series B Funding Round
* New investment from venture capital firms such as Korea Investment Partners and the state-run Korea Development Bank (KDB) * Funding to be used to hire quality talent and enhance technical expertise for global expansion SEOUL, South Korea, Feb. 8, 2022 /PRNewswire/ -- MORAI, a leading devel...
2022-02-08 22:00
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LG Energy Solution Announces Fourth Quarter and FY 2021 Results
* Reports quarterly revenue of KRW 4.44 trillion, 10.2 percent higher than previous quarter; operating profit atKRW 76 billion * Targets revenue goal of KRW19.2 trillion with plans to spend KRW 6.3 trillion in capital expenditures for 2022 SEOUL, South Korea, Feb. 7, 2022 /PRNewswire/ -- LG E...
2022-02-08 09:10
2085
Bridge Biotherapeutics and Scripps Research Launch Research Collaboration to Develop Discovery Platform and Novel Covalent Probes Based on Chemical Biology and Chemoproteomics
* Two-year research collaboration to develop new reactive group chemistries targeting non-cysteine amino acids to expand druggable binding sites and identify novel targets in oncology and immunology * Collaborators at Scripps are pioneers in the field of chemical biology and chemistry SEONGNA...
2022-02-08 06:00
1745
Samsung Biologics receives 2022 CMO Leadership Award in all six categories
INCHEON, South Korea, Feb. 7, 2022 /PRNewswire/ -- Samsung Biologics (KRX: 207940.KS), the world's leading contract development and manufacturing organization (CDMO), announced that it has been selected as a winner of the 2022 CMO Leadership Awards presented by Outsourced Pharma and Life Science ...
2022-02-07 20:00
1971
SK networks seeks to promote blockchain business through joint efforts with Hashed
SEOUL, South Korea, Feb. 4, 2022 /PRNewswire/ -- SK networks has chosen
blockchain business reinforcement as a key strategy to ensure future growth,
and it is now seeking cooperation with Hashed, a specialized blockchain
investment company.
2022-02-04 16:51
3574
USANA's Malaysia and Korea markets start 2022 with major honors
SALT LAKE CITY, Feb. 4, 2022 /PRNewswire/ -- USANA's international markets have started off the new year with two major awards. USANA Korea was presented the 'family-friendly company' certification selected by the Ministry of Gender Equality and Family, whileCitta Bella Magazine awarded USANA Mal...
2022-02-04 03:00
2713
LISCure Biosciences Announces Research Collaboration with The Scripps Research Institute for Immuno-Oncology
SEOUL, South Korea, Feb. 3, 2022 /PRNewswire/ -- LISCure Biosciences ("LISCure") announced that it had reached an agreement with TheScripps Research Institute ("Scripps Research") to collaboratively research on bacteria-mediated immuno-oncology candidates against multiple cancer types. Scripps...
2022-02-03 22:00
1766
Samsung Biologics reaches agreement with Biogen to acquire full ownership of Samsung Bioepis
* Agreement with Biogen to buyout Biogen's (50% -1 share) stake in Samsung Bioepis Joint Venture for up to USD$2.3 billion * Transaction projected to be accretive to earnings in 2022 and thereafter, fully capitalizing on the high growth potential of Samsung Bioepis * Expected to accelerate g...
2022-01-28 08:10
1829
SK hynix Inc. Reports Fiscal Year 2021 and Fourth Quarter Results
SEOUL, South Korea, Jan. 27, 2022 /PRNewswire/ -- SK hynix Inc. (or 'the
Company',www.skhynix.com
2022-01-28 07:56
1749
Hyundai Mobis invests in high-resolution radar startup to accelerate Level 4 or higher autonomous driving
* Investing significant amount in Zendar to develop high-resolution 'imaging radar.' * Achieving high performance radar comparable to Lidar, which can fulfill level 4 or higher-level driving automation. * Enhancing future competitiveness by securing sensor technologies for cameras, radars a...
2022-01-28 01:00
1963
Hyundai Transys to Premier Sustainably Innovative Future Mobility Design at Lineapelle 2022
* Hyundai Transys to unveil a future mobility seat concept with sustainable leather and innovative materials at Lineapelle 2022 * The seat concept bolsters the company's design and development capabilities and commitment to minimizing waste and upcycling * Italian ambassador to Korea joined ...
2022-01-27 14:00
2206
Asia facing 'triple policy challenge' to long-term growth, new Asia House report finds
LONDON, Jan. 26, 2022 /PRNewswire/ -- Asia is facing a triple policy challenge that could see even the region's fastest-growing economies fall into the 'middle-income trap', according to new research byAsia House. The report highlights Asia's position at a crossroads, with countries' trajectorie...
2022-01-27 07:53
1649
iMediSync Successfully Launches the Future of Tele-Medicare at CES 2022
SEOUL, South Korea, Jan. 26, 2022 /PRNewswire/ -- iMediSync, A biotech startup
company fromSeoul, South Korea, successfully debuted at CES 2022 to introduce
the new trend of digital healthcare under their motto – Overcome Mental
Pandemic in just 10 Min.
2022-01-26 22:00
3597
Daewoong Pharmaceutical Released Positive Phase 3 Topline Results for New Antidiabetic Drug
SEOUL, South Korea, Jan. 25, 2022 /PRNewswire/ -- Daewoong Pharmaceutical (Daewoong) has confirmed promising phase 3 topline results that focuses on the therapeutic effects as an Enavogliflozin monotherapy and a combination therapy with Metformin.Daewoong's Enavogliflozin is an SGLT-2 inhibitor i...
2022-01-25 22:00
1543
AgriTech Startup Greenlabs Bags $140M Series C to Accelerate Global Expansion
SEOUL, South Korea, Jan. 25, 2022 /PRNewswire/ -- Greenlabs, a startup member of Born2Global Centre, has announced that it has raised $140M in a Series C funding round to accelerate its global expansion. Three institutional investors participated in the latest round:BRV Capital Management; Skylake...
2022-01-25 21:30
2340
Samsung Biologics Reports Fourth Quarter & Fiscal Year 2021 Financial Results
* Q4'21 revenue of KRW 444.3 billion increased 18% compared to Q4'20. * Q4'21 operating profit of KRW 128.8 billion increased 39% compared to Q4'20. * FY'21 revenue of KRW 1,568.0 billion, an increase of 35% compared to FY'20. * FY'21 operating profit of KRW 537.3 billion, an increase of 84% ...
2022-01-24 16:25
1980
HanAll Biopharma Reports Full-Year 2021 Results and Provides Business Update
* 2021 sales of KRW 101.6 billion for a 15% increase from 2020 * 2021 operating profit of KRW 10.1 billion grew by 70% from 2020 * Increasing milestone payments and revenues from R&D activities are reinvested into new R&D programs SEOUL, South Korea, Jan. 20, 2022 /PRNewswire/ -- [Busines...
2022-01-20 22:00
2105
SK networks becomes the 2nd largest shareholder of 'Everon', an EV charging company to accelerate its mobility business
SEOUL, South Korea, Jan. 19, 2022 /PRNewswire/ -- SK networks has been engaged in the mobility business through its affiliates 'SK Rent-a-Car' and car management brand 'SpeedMate', and is now making an investment in an EV infrastructure company to prepare for the era of home-based EV charging. T...
2022-01-20 08:42
1842
WuXi Biologics Completes GMP Inspection by South Korea's Ministry of Food and Drug Safety for Drug Substance Facility
* WuXi Biologics completes the first GMP inspection in 2022, demonstrating the company's premier quality system is in full compliance with global regulatory requirements. WUXI, China, Jan. 17, 2022 /PRNewswire/ -- WuXi Biologics ("WuXi Bio") (2269.HK), a global company with leading open-access ...
2022-01-18 10:50
2072
Hyundai Capital and CGI Finance launch Hyundai Capital France
SEOUL, South Korea, Jan. 17, 2022 /PRNewswire/ -- Hyundai Capital Services, a
financial services subsidiary of Hyundai Motor Group, and CGI Finance, a
subsidiary of Societe Generale Group, announce the launch of a joint venture,
Hyundai Capital France (HCF).
2022-01-17 17:00
1852
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