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CJ is shutting down its loss-making Korean restaurant chain Bibigo in China, with a plan to dissolve the unit by August this year, according to an industry source. The move is part of restructuring ...
South Korean pharmaceutical company Boryung Pharmaceutical announced on April 23 that it has established a new production facility in Yesan, South Chungcheong Province. The new site in Yesan, whic...
South Korean bio company OliPass is preparing to go public by the end of the year, according to sources on April 23. Preparing to start the initial public offering process, the company has picked Mi...
South Korean bio startup MitoImmune Therapeutics announced on April 22 that it has closed its series A round after raising 12 billion won ($10.5 million). Four investors -- the state-run Korea Devel...
With growing consumer interest in healthy super food and enhancing immunity levels, South Korean red ginseng product maker CheongKwanJang has launched a special edition of Korean Red Ginseng Extract ...
More than 13 foreign and domestic investors have handed in letters of intent to acquire South Korean cosmetics firm Skinfood, which is under court receivership, according to sources on April 19. Alt...
Kyung Nam Pharm , a local drug maker known for its vitamin supplement Lemona, has decided to receive letters of intent from April 22-24 to find a new owner. The company plans to pick a buyer for it...
South Korean bio startup GenBody, which originally was planning an initial public offering this year, has changed its schedule, according to industry sources on April 18. According to sources, the f...
SK Biopharmaceuticals, a drug development unit of South Korea’s telecom-to-energy conglomerate SK Group , announced on April 18 that it has signed a contract with US-based biotech company twoXAR to...
Attempts to open a for-profit hospital in South Korea have collapsed, portending a long-drawn legal battle between Jeju Self-Governing Province and a Chinese group that feels betrayed. The approval ...
Eight foreign carmakers and importers of foreign cars will voluntarily recall over 20,000 vehicles to repair faulty components, the Transport Ministry said on April 18. This is the latest in a se...
LG Electronics said on April 18 it has partnered with CJ Foodville to deploy robots at selected restaurants. The robots will be deployed at few CJ Foodville’s restaurants later this year to serve...
Trend specialist Charlie Clark from global trend forecasting agency World’s Global Style Network gave a speech about “The Future of Beauty 2020” on April 15 during an event titled “Make Up in Seoul...
Korea Health Industry Development Institute announced on April 17 that it is hosting the Bio Korea International Convention from April 17-19. Session coordinators, including Bridge Bio CEO Lee Jung-...
NeoImmuneTech, an immunotherapy drug development company, announced on April 16 that its drug candidate HyLeukin-7 has been designated an orphan drug by the US Food and Drug Administration. HyLeukin...
Bithumb, Yeogi Eottae, HanaTour indicted for data leak
Samsung Galaxy Fold is now ready for launch: Samsung Display exec
KTB Securities Thailand seeks listing on solid profits
S.M. Entertainment pressed to answer activist shareholder’s demands
Goldman Sachs lowers growth forecast for S. Korea, expects two rates cuts
SK hynix’s new China plant to stay idle over Huawei fallout
Taxi-sharing app operator Kornatus snaps W1.2b funds
Samsung Display continues to lead in mobile market: IHS
June 20, 2019
