JW Group Honorary Chairman Jong-ho Lee Receives 3rd Korea Pharmaceutical Awards

Lee Kyung-ha, Chairman of JW Group, Won Hee-mok, Chairman of Korea Pharmaceutical and Bio-Pharma Manufacturers Association, Lee Jong-ho, Honorary Chairman of JW Group, Cho Sun-hye, Chairman of Korea Pharmaceutical Distribution Association, and Choi Kwang-hoon, President of the Korean Pharmaceutical Association (from left), are posing for a commemorative photo at the awards ceremony for the Pharmaceutical Bio sector of the 3rd Korea Pharmaceutical Awards held on the 22nd at the Pharmaceutical Hall in Seocho-gu, Seoul.

[Asia Economy Reporter Chunhee Lee] Lee Jong-ho, Honorary Chairman of JW Group, has been honored with the Pharmaceutical Bio sector award at the 3rd Korea Pharmaceutical Awards.

The Korea Pharmaceutical and Bio-Pharma Manufacturers Association announced on the 22nd that it held the award ceremony for the Pharmaceutical Bio sector of the 3rd Korea Pharmaceutical Awards at the Pharmaceutical Hall in Seocho-gu, Seoul, and presented the plaque and prize to Honorary Chairman Lee.

The Pharmaceutical Awards were jointly established in 2020 by three pharmaceutical industry organizations?the Korean Pharmaceutical Association, the Korea Pharmaceutical and Bio-Pharma Manufacturers Association, and the Korea Pharmaceutical Distribution Association?to promote pride in the efforts and service of the pharmaceutical industry and to widely publicize their achievements both domestically and internationally.

Honorary Chairman Lee gained global recognition by developing ‘Lizinomycin,’ the first synthetic antibiotic in Korea and the second in the world, in 1969. He was selected as this year’s award recipient in recognition of his contributions to the development of the pharmaceutical industry, including continuous investment in infusion business and exporting ‘Winnerf,’ a three-chamber total parenteral nutrition infusion product developed in-house in 2019, to the European market as the first Asian pharmaceutical company to do so.

Won Hee-mok, Chairman of the Korea Pharmaceutical and Bio-Pharma Manufacturers Association; Choi Kwang-hoon, Chairman of the Korean Pharmaceutical Association; and Cho Sun-hye, Chairman of the Korea Pharmaceutical Distribution Association, described Honorary Chairman Lee as “a living history of the pharmaceutical industry who has advanced the domestic pharmaceutical bio industry to the next level,” and said, “His spirit of challenge serves as an example to many and will be a driving force for the leap to a global pharmaceutical bio powerhouse.”

Honorary Chairman Lee said, “I am honored to receive this prestigious award representing the pharmaceutical industry,” and added, “I look forward to sustainable growth of the industry through nurturing excellent talent and active investment in research and development (R&D).”

This content was produced with the assistance of AI translation services.