A truly postbiotic product containing only postbiotics, which consumers have been eagerly awaiting in their interest in a healthy life, is about to be released in pharmacies.Based on a SCI-level paper by bereum Co., Ltd., formerly known as BeRM, a pharmacist academic symposium was held at Baropharm
Technology exports from the domestic pharmaceutical and biotech sector totaled eight cases in the first quarter of this year. The scale of the five open contracts is 2.169 trillion won (US$1.643 billion). In the first quarter of last year, the figures were six and 2.174 trillion won (US$1.647 billio
The idea of turning the G7 into the G8 by including South Korea is emerging. The presidents of the United States and South Korea are expected to discuss the matter at their summit scheduled for April 26.The Federation of Korean Industries and the U.S. Center for Strategic and International Studies c
Samsung Electronics will re-load the Exynos, an application processor (AP) designed by Samsung Electronics, into its Galaxy smartphone series. This plan aims to dial up Samsung Electronics’ share in the smartphone AP market and reduce the production cost of Galaxy products.According to industry sour
The European Patent Office announced on March 28 that South Korean enterprises’ patent applications in Europe increased 10 percent to 10,367 last year. The number topped 10,000 for the first time and the rate of increase was second only to that of Chinese enterprises (15.1 percent).U.S. enterprises’
What a spectacle in São Paulo – New Zealand’s Mitch Evans (Jaguar TCS Racing) won the sixth Formula E race of the year at the end of a highly dramatic race that featured some thrilling scraps and many changes of position. The winner was embroiled in a fiercely-contested battle with his compatriot Ni
South Korea, China, and Japan are accelerating the growth and development of their pharmaceutical and biotech industries. South Korea’s third five-year national plan to that end was announced on March 24 and China’s first long-term national plan in the sector was announced in May last year.Japan’s p
As a gateway to Korea, Incheon is a city open to the world as it boasts both Incheon Port and Incheon International Airport. It is growing into a world-class city with a population of 3 million, including wide plains and mountains, the sea, and numerous islands large and small. Business Korea conduc
Samsung Electronics introduced Exynos Connect, a new wireless communication semiconductor brand, to cater to the rapidly growing ultra-wideband (UWB) market.Samsung Electronics unveiled the Exynos Connect U100, a UWB-based short-range wireless communication semiconductor on March 21.The product has
Samsung Electronics and LG Electronics announced on March 19 that they will participate in the Smart Home Standards Member Meeting of the Connectivity Standard Alliance (CSA), a smart home global standard alliance to happen at the Conrad Hotel in Seoul for four days from March 20.This event is a pla
The Ministry of Trade, Industry and Energy announced on March 16 that South Korea and the UAE had a business roundtable in the UAE and US$2 billion worth of a contract and MOUs were signed there.Specifically, the contract pertains to national defense and the five MOUs are related to information and
TiumBio Co., an R&D-focused clinical-stage biotechnology company based in South Korea, today announced the publication of two posters that will be presented during the upcoming 2023 American Association for Cancer Research Annual Meeting (AACR 2023), taking place from April 14th in Orlando, Florida.
Tium Bio announced on March 13 that it will attend 2023 Bio Europe.2023 Bio Europe Spring is the largest pharmaceutical and bio industry partnering event in Europe. It will be held offline in Basel, Switzerland from March 20 to 22 and an online meeting is scheduled from March 28 to 30 after the offl
SK Plasma announced on March 8 that it received final approval for the construction of a plasma fractionation plant from the Ministry of Health of Indonesia.This export is a result of collaboration between the Ministry of Health and Welfare of Korea and the Korean Embassy in Indonesia since 2019. It
SK bioscience, a global innovative vaccine and biotech company committed to promoting human health from prevention to cure, and the International Vaccine Institute (IVI) have jointly announced Profs. Andrew Pollard and Sarah Gilbert and Drs. Rino Rappuoli and Mariagrazia Pizza as two groups of co-re
Huawei announced on Mar. 2 that it announced technologies and solutions to lead the 5.5G era and shared business opportunities for mobile carriers at MWC 2023.First, Huawei cited 10Gbit/s experiences, the all-scenario internet of things (IoT), integrated sensing and communications, L4 self-driving n
The Ministry of Trade, Industry and Energy announced on March 1 that South Korea’s exports and imports were US$50.1 billion and US$55.4 billion last month, respectively. The exports fell 7.5 percent year on year whereas the imports increased 3.6 percent from a year ago.Last month, South Korea’s semi
Doosan Group vice chairman Park Ji-won will visit MWC 2023 to grasp the latest technology trends and seek future business directions.Park will pay attention to “Digital Everything” which was one of the themes of this exhibition, observing the latest technologies developing based on faster connectivi
Samsung Electronics announced on Feb. 23 that it has secured a standardized 5G non-terrestrial networks (NTNs) modem technology for direct communication between smartphones and satellites.The company plans to integrate this technology into the company’s Exynos modem solutions, accelerating the comme
The author is an analyst of KB Securities. He can be reached at jeff.kim@kbfg.com. -- Ed. TP raised 23% to KRW160,000 We maintain BUY on LGE and raise our 12m target price by 23% to KRW160,000 (1.2x 12m fwd P/B). LGE, which ranks third in the world in terms of communication technology patents held,