bio venture
Scope
Date
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Chemical Industry
SK Geo Centric, China’s Sinopec mark 10-year alliance
China-Korea Petrochemical, a joint venture (JV) between South Korea’s SK Geo Centric and the Chinese public oil company Sinopec, celebrates it...
Aug 14, 2023 (Gmt+09:00)
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KOREA Investment Week
S.Korea's largest investment forum to begin Sept. 11
South Korea’s largest investment conference will be held in Seoul Sept. 11-15 with around 100 chief executives from global financial services ...
Aug 10, 2023 (Gmt+09:00)
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Bio & Pharma
ABL Bio gets OK for phase 1 clinical trials for immune-oncology drug
New drug development company ABL Bio Inc. announced on Thursday that it has received approval from the Ministry of Food and Drug Safety of South Kor...
Aug 10, 2023 (Gmt+09:00)
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Bio & Pharma
SK Pharmteco secures 12 global pharma clients, sets up US R&D center
SK Pharmteco Co., South Korean conglomerate SK Group’s contract development and manufacturing organization (CDMO), has secured 12 global pharm...
Aug 09, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Hanwha Aerospace ventures into eco-friendly ship market
South Korea's Hanwha Aerospace Co. announced on Thursday that it has completed the development of a megawatt-hour (MWh) energy storage system (ESS)....
Aug 03, 2023 (Gmt+09:00)
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Robotics
KT, LG Elec, Hyundai Elevator join robot-elevator project
A robot freely gets on and off an elevator and moves around a building, doing everything from coffee to parcel delivery and route guidance.This is t...
Jul 28, 2023 (Gmt+09:00)
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Electric vehicles
Hyundai Motor eyes EV charger alliance in US to take on Tesla
South Korea’s Hyundai Motor Co. and Kia Corp. are planning to join BMW, General Motors, Honda Motor, Mercedes-Benz and Stellantis to collectiv...
Jul 27, 2023 (Gmt+09:00)
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Hydrogen economy
SK E&S, Plug Power to strengthen hydrogen partnership
South Korea's SK E&S Co. and Plug Power, a global hydrogen solutions provider, have reinforced their commitment to accelerating the developmen...
Jul 27, 2023 (Gmt+09:00)
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Venture capital
S.Korea to form $6.2 bn corporate venture capital fund pool by 2025
The South Korean government and the private sector will jointly create a corporate venture capital (CVC) fund pool worth more than 8 trillion won ($...
Jul 24, 2023 (Gmt+09:00)
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Banking & Finance
S.Korea's BC Card to enter Kyrgyz payment market
South Korea's BC Card will make a full-fledged entry into the Central Asian payment market by establishing a card payment joint venture in Kyrgyzsta...
Jul 24, 2023 (Gmt+09:00)
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Corporate strategy
LG Electronics aims to transform into platform-based tech firm by 2030
When LG Electronics Inc. made a surprise move to ungracefully exit the mobile phone business, one of its mainstay businesses, two years ago, investo...
Jul 12, 2023 (Gmt+09:00)
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Future mobility
SM Entertainment founder invests in Chinese drone maker
Lee Soo-man, founder and former executive producer of South Korea's SM Entertainment Co., has reportedly made a huge investment in the Chinese self-...
Jul 12, 2023 (Gmt+09:00)
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Bio & Pharma
HK inno.N releases new drug for GERD in Indonesia
South Korean bio-health company HK inno.N Corporation's new drug for gastroesophageal reflux disease (GERD) K-CAB has been officially launched in In...
Jul 10, 2023 (Gmt+09:00)
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Bio & Pharma
S.Korea’s SK to buy US bio JV stake from Roivant for $48 mn
SK Group, South Korea’s second-largest conglomerate, is set to purchase the entire stake in a US bio joint venture held by its partner, as the...
Jun 30, 2023 (Gmt+09:00)
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Airlines
Korean Air to use bio-jet fuel on international flights
Korean Air Lines Co. announced on Thursday that it will start operating bio-jet fuel flights in partnership with GS Caltex Corp., marking the first ...
Jun 29, 2023 (Gmt+09:00)
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Tech, Media & Telecom
LG Group seeks new partners in Silicon Valley’s startup scene
South Korea’s LG Group seeks new partnerships with global ventures to strengthen its new growth engines, such as batteries, biopharmaceuticals...
Jun 28, 2023 (Gmt+09:00)
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Business & Politics
KOGAS, Vietnamese firms to jointly undertake major infra projects
South Korea's state-run Korea Gas Corp. (KOGAS) has announced a partnership with Vietnamese firms, kickstarting a major infrastructure project follo...
Jun 26, 2023 (Gmt+09:00)
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Batteries
BlueOval SK secures $9.2 bn loan from US Department of Energy
BlueOval SK, the battery production joint venture between SK On Co. and Ford Motor Co., has provisionally secured up to $9.2 billion in policy suppo...
Jun 23, 2023 (Gmt+09:00)
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Bio & Pharma
LegoChem Bio receives FDA approval for phase 1,2 trials of LCB84
South Korean pharmaceutical firm LegoChem Biosciences Inc. announced on Thursday that it has received approval from the US Food and Drug Administrat...
Jun 23, 2023 (Gmt+09:00)
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Private equity
Korea’s SK Square sells off entire stake in Grab as shares tumble
SK Square Co., the intermediate holding company of South Korea’s SK Group, has liquidated Grab Geo Holdings, a joint venture with Grab Holding...
Jun 22, 2023 (Gmt+09:00)
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Venture capital
Vertex Ventures US upbeat for data startups
The healthcare, manufacturing, mobility and retail sectors were slower to adopt digital technologies than the telecom and e-commerce industries in...
Jun 16, 2023 (Gmt+09:00)
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Korean startups
Samsung's C-Lab participates in Europe's largest startup exhibition
Samsung Electronics Co.'s C-Lab showcases K-innovation at Europe's largest startup exhibition, paving the way for global market expansion.South Ko...
Jun 15, 2023 (Gmt+09:00)
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Batteries
STX to promote lithium business with Chinese company
South Korea's general trading company STX announced on Wednesday its plans to accelerate its lithium business with a leading Chinese lithium produce...
Jun 14, 2023 (Gmt+09:00)
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Chemical Industry
Daesang to produce new eco-friendly material Cadaverine
Daesang Corp., South Korean manufacturer of food and pharmaceutical ingredients, announced on Wednesday that it has developed a new eco-friendly mat...
Jun 14, 2023 (Gmt+09:00)
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Bio & Pharma
Samsung Biologics to double production by 2032; eyes ADCs, M&As
BOSTON – Samsung Biologics Co., the world’s No. 1 contract drugmaker, plans to more than double its total annual production capacity to ...
Jun 07, 2023 (Gmt+09:00)
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Korean startups
Korean startups opt for Konex, loans for survival during IPO winter
South Korea's anemic initial public offering market has forced the country’s startups to become more creative in raising funds as they shift t...
Jun 02, 2023 (Gmt+09:00)
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Batteries
POSCO Group, SKC to jointly develop lithium metal cathode material
South Korea’s POSCO Group and SKC will jointly develop a dream lithium metal cathode material for commercialization by 2026 under a strategy t...
May 31, 2023 (Gmt+09:00)
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Mergers & Acquisitions
Notice of share sales in PT Bayan Resources Tbk & Moolarben Joint Venture
Notice of Share Sales in PT Bayan Resources Tbk I. Overview of sale 1. Sellers: Korea Southern Power Co., Ltd.(“KOSPO”), Korea S...
May 31, 2023 (Gmt+09:00)
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Bio & Pharma
BIO USA 2023 to draw S.Korean biotech leaders, startups
More than 500 South Korean companies from top business groups to AI-based biotech startups are slated to attend the Bio International Convention 202...
May 30, 2023 (Gmt+09:00)
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Energy
Doosan Enerbility joins global fusion project ITER
South Korea’s Doosan Enerbility Co. will supply pressurizers to the global fusion project International Thermal Experimental Reactor (ITER) ...
May 30, 2023 (Gmt+09:00)
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