The author is an analyst of NH Investment & Securities. He can be reached at esshim@nhqv.com. -- Ed. Amid accelerating digital transition, cybersecurity has become ever more important, particularly due to the growing implications of a cybersecurity incident. Genians’ security solution business has b
Protium Science, a contract development and analysis organization (CDAO) in Korea, announced that it has signed a contract development and analysis service agreement with MUSTBIO, a biotechnology company specializing in multi-specific antibody platforms.Under the agreement, Protium Science, as a CDA
Samsung Electronics will connect 14 billion Samsung and non-Samsung devices around the world in the upcoming era of hyper connectivity to further enrich user experience, the company's vice chairman Han Jong-hee said in Las Vegas on Jan. 4 (local time).That day, Samsung Electronics unveiled its S
Korea Water Resources Corp. (K-water) announced on Jan. 5 that it is participating in CES 2023 along with 14 Korean water companies.The state-run water resource company introduced 10 innovative water technologies at the fair. It is participating in the event together with 14 Korean water companies,
SK hynix Inc. announced on Jan. 6 that its vice chairman and co-CEO Park Jung-ho discussed ways to strengthen cooperation with global tech companies including Qualcomm Technologies on the sidelines of the CES 2023 in Las Vegas.Park, along with SK hynix president and co-CEO Kwak Noh-jung and other ex
Nova One Advisor said in its recent report that the global biotech market would grow from US$1 trillion in 2021 to US$3.88 trillion in 2030. Fortune Business Insights recently said that the global medical hardware industry would grow from US$490 billion in 2021 to US$720 billion in 2029.According to
At CES 2023, Samsung Electronics and LG Electronics will showcase smart home technologies that connect home appliances with devices outside a home.A hyper-connected smart home is expected to emerge as the most popular subject at CES 2023.For several years, Korean tech giants such as Samsung and LG h
Samsung Electronics' future investment is expected to gain more momentum as the company is expected to receive tax cuts in the United States following Korea.According to local media reports, the board of directors of the Manor Independent School District (ISD) in Austin, Texas, approved Samsung
Coway Co. announced on Jan. 4 that it has been named a CES 2023 Innovation Awards Honoree by the Consumer Technology Association (CTA). The announcement was made ahead of CES 2023, the world’s most influential technology event, happening Jan. 5-8 in Las Vegas, NV.The CES Innovation Awards program, s
Amorepacific participated in the Asian Congress for Alternatives to Animal Experiments (ACAAE) held at the International Convention Center Jeju (ICC Jeju) from Dec. 14 to 16.At the event, Amorepacific held a seminar and shared the results of its research on alternatives to animal experiments and fut
Contera Pharma, Bukwang Pharm's subsidiary in Denmark, announced on Dec. 19 that it has recently opened a new research center at its research center in DTU Science Park in Hørsholm, north of Copenhagen, Denmark.Contera Pharma is a Danish biotech startup specializing in central nervous system dis
The Federation of Korean Industries recently conducted a survey at 150 companies in the top 12 export industries of South Korea and on the top 1,000 list in terms of sales. When it comes to South Korea’s 2023 export growth rate, their average estimate is 0.5 percent. For reference, the rate was 25.7
SK Inc., the holding company of SK Group, plans to increase the net asset value (NAV) of the group's green business by 14 times within eight years. The company intends to use the group's efforts to overcome climate change as an opportunity to expand its future business.SK Inc.'s Green In
K-CAB, a new drug within the P-CAB category developed by HK inno.N for the treatment of GERD, has a 27 percent lower risk of hepatotoxicity compared with other treatments, HK inno.N said, citing a study conducted by a Korean scholar.The study, undertaken by Professor Kim Jeong-seung of the Ear, Nose
The Korea International Trade Association (KITA) announced on Dec. 4 that South Korea’s exports are expected to reach an all-time high of US$690 billion this year. The previous high is US$644.4 billion, which was recorded last year. The monthly exports have topped US$50 billion for 20 months in a ro
The authors are analysts of Shinhan Securities. They can be reached at shawn1225@shinhan.com and jhwon@shinhan.com, respectively. – Ed. US partner Spectrum receives CRL from FDA for poziotinibSpectrum Pharmaceuticals, Hanmi Pharm’s US partner for the non-small cell lung cancer treatment candidate po
The authors are analysts of Shinhan Securities. They can be reached at sehunjang@shinhan.com and shawn1225@shinhan.com, respectively. -- Ed. Time to price in the value of next-generation FcRn inhibitorHanall Biopharma’s recent share price trend suggests that the removal of uncertainty in the clinica
The author is an analyst of NH Investment & Securities. He can be reached at pk.park@nhqv.co. -- Ed. In 2022, healthcare stocks have been performing sluggishly in the NY stock market, affected by drastic absorption of market liquidity since early-2022. Given that 10-yr discounted cash flow is the mo
The Korea Institute for Industrial Economics and Trade said in its report on Nov. 21 that the South Korean economy is estimated to grow 1.9 percent next year.“South Korea’s annual exports are estimated to decrease 3.1 percent next year with demand contraction and deteriorating semiconductor industry
The Korea Enterprises Federation has recently conducted a survey at 415 companies in four industries. According to the results, 52.2 percent of South Korean shipbuilders are understaffed and the ratio is 45 percent in the semiconductor industry, 43 percent in future car and 29 percent in biotech and