L&C Bio Acquires Real Estate Worth 2.1 Billion KRW
[Asia Economy Reporter Oh Ju-yeon] L&C Bio announced on the 8th that it purchased units 306, 307, and 308 at 474 Dunchon-daero, Jungwon-gu, Seongnam-si, Gyeonggi-do, Suntec City 1st, from Blu-ray Korea Co., Ltd. for 2.1 billion KRW. This corresponds to 3.17% of the total assets. The company explained the purpose of acquisition as "establishing a dedicated GMP factory for the production of MegaCarti, a treatment for degenerative arthritis."
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