Korea
HD Hyundai Records 30.8953 trillion won Revenue and 1.006 trillion won Operating Profit in H1
* Q2 revenue reached 15.6213 trillion won and operating profit 472.6 billion won * Shipbuilding, construction equipment and electric power device units achieving solid earnings * HD Korea Shipbuilding & Offshore Engineering's revenue at 5.4536 trillion won, up 30.2% YoY * H2 earnings expe...
LG Energy Solution Records Steady Gains in 2Q, Increases Revenue Guidance for 2023
* LGES posts quarterly revenue of KRW 8.774 trillion, operating profit of KRW 461 billion in the second quarter of 2023 * The company records strong first half-year performance by strengthening competitiveness amid growing EV demands in the U.S. market * LGES aims for over mid-30 percent ann...
GC Genome enables the prognosis prediction and targeted treatment in breast cancer patients
YONGIN, South Korea, July 26, 2023 /PRNewswire/ -- GC Genome Corporation, a leading genomic diagnostics company, announced the publication of a new study in Journal of the National Cancer Institute (JNCI), shedding light on the remarkable potential of utilizing circulating tumor DNA (ctDNA) copy n...
PharmAbcine Announces First Patient Dosed in the Phase I Clinical Trial of Its Novel TIE2 Agonistic Antibody in nAMD
DAEJEON, South Korea, July 26, 2023 /PRNewswire/ -- PharmAbcine Inc. (KOSDAQ: 208340ks), a clinical-stage biotech company focusing on the development of next-generation antibody therapeutics, announced today that the first patient has been dosed in the Phase I clinical trial of PMC-403, the Compa...
Samsung Biologics Reports Second Quarter 2023 Financial Results
* Recorded Q2'23 consolidated revenue of KRW 866.2 billion * Recorded Q2'23 consolidated operating profit of KRW 253.4 billion * Achieved record-high semi-annual revenue exceeding KRW 1,587.1 billion * Strong growth sustained with successful contract wins and full completion of Plant 4 set ...
Lunit Accelerates Expansion Across Middle East by Bringing AI Solution to Dr. Sulaiman Al Habib Medical Group, Middle East's Largest Healthcare Provider
Lunit strengthens presence in the Middle East by supplying AI-powered breast screening solution to Dr. Sulaiman Al Habib Medical Group for the next three years SEOUL, South Korea, July 26, 2023 /PRNewswire/ -- Lunit (KRX:328130.KQ), a leading provider of AI-powered solutions for cancer diagnosti...
SK hynix Reports Second Quarter 2023 Financial Results
* Revenue at 7.306 trillion won, operating loss at 2.882 trillion won, net loss at2.988 trillion won * Revenue rises; operating loss narrows on increased sales of premium products such as HBM3, DDR5 * "Memory industry in recovery phase…We aim to accelerate earnings improvement by strengthen...
LG Innotek published the 2022-2023 Sustainability Report
* Achieved 20% carbon neutrality within one year after the declaration and increased shareholder-friendly policies such as the 10% dividend payout ratio * Increased investment in R&D by 33% from the previous year to strengthen the competitiveness of future business SEOUL, South Korea, July 21,...
GC Biopharma's "GC FLU" obtains vaccine approval in Egypt: First-ever approval of the company's quadrivalent flu vaccine on the African continent
* Striving to further expand its territory to Africa and the Middle East from Southeast Asia and Latin America * "Will create synergy between international procurement market and private markets of individual countries so as to boost sales and profitability" YONGIN, South Korea, July 21, 2023...
SK hynix Becomes First Semiconductor Company in Korea to Win Both ISO Compliance, Anti-Bribery Management System Certifications
* ISO certification ensures company's commitment to legal compliance
* "Aims to continuously grow into a semiconductor company trusted by
stakeholders" SEOUL, South Korea, July 21, 2023 /PRNewswire/ -- SK hynix Inc.
(or "the company",www.skhynix.com
US FDA Grants Orphan Drug Designation of SN Bioscience's Nano Anti-Cancer Drug 'SNB-101' for Small Cell Lung Cancer
SEONGNAM, South Korea, July 20, 2023 /PRNewswire/ -- SN Bioscience Co. Ltd. (CEO Park Young-hwan) announced onJuly 19 that the US FDA had granted an orphan drug designation for small cell lung cancer for SNB-101 (API: SN-38), a new polymer nanoparticle drug under development. SNB-101 is the world...
A generative AI tech startup Wayne Hills Bryant A.I produces Sci-fi film, 'An AI-driven new cinema movie'
* For the first time in South Korea, a large multiplex franchise produced 100% generative AI film * After an extensive premiere, it will be screened in multiplexes * In the film industry, it is predicted to have a significant impact SEOUL, South Korea, July 19, 2023 /PRNewswire/ -- A South K...
Amorepacific Partakes in Global Initiative ICCS for Animal-free Safety Assessment
Marks a pioneering membership in Korea to propel research into alternatives to animal testing alongside prominent international companies and organizations SEOUL, South Korea, July 19, 2023 /PRNewswire/ -- In an industry-first move forSouth Korea, Amorepacific has successfully become a member of ...
Neurophet to unveil brain image analysis technology related to treatment of Alzheimer's disease at AAIC 2023
- New brain image analysis solution for Alzheimer's disease treatment is planned to be commercialized along with the release of treatment - In discussion with global big pharma companies for collaboration at AAIC SEOUL, South Korea, July 18, 2023 /PRNewswire/ -- Neurophet, an artificial in...
Samsung Biologics releases 2023 ESG Report, reaffirming its commitment to net-zero progress and corporate social responsibility
INCHEON, South Korea, July 18, 2023 /PRNewswire/ -- Samsung Biologics (KRX: 207940), a global contract development and manufacturing organization (CDMO), today released its 2023 Environmental, Social and Governance (ESG) Report. The annual report outlines the company's progress toward its sustain...
Redbrick Inc. has been selected as an official metaverse services provider in 'Malaysia Techlympic' which boasts 1 million participants
* Redbrick participates the biggest Tech Olympics in Asia as the only metaverse services provider * The Malaysian Minister of Science, Technology & Innovation showed interest in Redbrick's technologies in an opening ceremony * Redbrick gives equal opportunities for technical education embrac...
SK Biopharmaceuticals Makes Big Bets to be 'Big Biotech'
SK Biopharmaceuticals CEO Donghoon Lee maps out its medium to long-term strategy at a press conference SK Biopharmaceuticals mobilizes its cutting-edge modality platforms of radiopharmaceutical therapy (RPT), targeted protein degradation (TPD), and cell and gene therapy (CGT) aligning with its v...
BIORCHESTRA Wins Grand Prize in 2023 Merck Advance Biotech Grant Program
* Recognition of outstanding in-vivo outcomes from a lead RNA program in CNS * Underpinned by proprietary IV-formulated, Brain-targeting Ribonucleic Acid Interference (RNAi) Nanomedicine (BTRiNTM) platform * BIORCHESTRA to receive in-kind products and services from Merck Group CAMBRIDGE, Mas...
Action for Clean Environment Fellowship for Young Leaders Program Completion Ceremony Held in Seoul
SEOUL, South Korea, July 17, 2023 /PRNewswire/ -- Action for Clean Environment (ACE), a global non-profit organization with a mission to facilitate global environmental activism, completed the 2023 Fellowship for Young Leaders Program. To mark the fourth year of the program, the completion ceremo...
Bridge Biotherapeutics Joins PROLIFIC, the Prognostic Lung Fibrosis Consortium
Bridge to join as an industry member to advance the science of early detection and speed development of novel treatments SEONGNAM, South Korea and CAMBRIDGE, Mass., July 11, 2023 /PRNewswire/ -- Bridge Biotherapeutics (KQ288330), a South Korean clinical-stage biotech company developing novel dru...
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