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The Ministry of Food and Drug Safety on Oct. 16 ordered Medytox to withdraw and dispose of the entire batch of its botulinum toxin Meditoxin produced for exports. The problematic products were produ...
Daewoong Pharmaceutical announced Oct. 16 it has launched its botulinum toxin under the name Nuceiva in Canada. It is the first South Korean company to enter the Canadian market with a botulinum tox...
South Korea’s Supreme Court announced on Oct. 16 that it has approved a request by Samsung BioLogics to suspend the execution of penalties by the financial watchdog on Oct. 11. The court’s recent ...
E-Land Group on Oct. 16 announced that it has decided to join hands with South Korean unicorn startup Viva Republica, the creator of mobile financial service platform Toss. E-Land World, the de fact...
The loss-making Korean unit of China-based household goods chain brand Miniso announced Oct. 14 that it plans to aggressively expand the number of its outlets to 300 by 2023 under its new owner, Busi...
Samsung C&T said Oct. 15 that it aims to accelerate the global expansion of its fashion brand Beanpole. Celebrating its 30th anniversary, Beanpole announced its renewal move to rebrand as a “heri...
SK Global Chemical said Oct.15 it will acquire French chemical firm Arkema’s functional polyolefins business for 335 million euros ($369 million) in the latest move to boost its packaging business. ...
Starbucks Korea is mulling a move of its headquarters, leaving the current offices at a Shinsegae Group building, industry sources said on Oct. 14. Starbucks Korea, which has more than 1,260 outlets...
Hyundai Motor has hired a former chief executive officer of Audi’s US division as the head of its luxury segment Genesis’ operations in North America, signaling the carmaker’s drive to expand its mar...
Hanwha Group’s defense units will showcase their latest technologies at North America’s largest land-power exposition in Washington this week, the company said Sunday. Hanwha Corp., Hanwha Defense ...
Finnair will start training pilots for its new Busan-Helsinki route, which is set to operate from March next year, according to industry sources on Oct. 11. From next month, training will begin with...
SK Networks has dropped its plan to acquire a majority stake in South Korea’s top water purifier rental company Coway, according to industry sources Oct. 8. The company has canceled its board meetin...
Hankook Tire said Oct. 7 it began to supply tires for Porsche’s Cayenne sport utility vehicle in June. The company will supply its high-performance Ventus S1 evo 3 SUV tires for the high-performa...
Daewoong Pharmaceutical on Oct. 7 denied allegations by Medytox that it stole manufacturing secrets, including its Hall A Hyper strain, to develop its botulinum toxin Nabota. “Medytox is saying that...
German carmaker Mercedes-Benz recorded the third-highest sales figure in the country in September, after Hyundai Motor and Kia Motors , outpacing three major local carmakers, according to industr...
Alien Robot shows glimpse of future with robotic arm
Samsung to acquire US network service provider
Goldman Sachs, SK to invest W50b in eco-friendly cold chain logistics center
[New Analysis] Can Delivery Hero-Woowa deal reshape Korea’s food delivery market?
Tada now available for foreign phone numbers, credit card holders
DuPont to invest $28m in S. Korea to build material production line
Lime Asset’s fund fiasco weighs on local banks
SuperBin aims to raise W20B in Series B
January 19, 2020
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