[New Year's Message] Choi Yong-ju, CEO of Samjin Pharmaceutical, "Strengthening Core Competencies by Division... Towards a 'Total Healthcare' Company"

Choi Yong-ju, CEO of Samjin Pharmaceutical.

[Asia Economy Reporter Lee Gwanju] On the 2nd, Choi Yongju, CEO of Samjin Pharmaceutical, stated on the occasion of the New Year, "To overcome the ongoing economic recession and related crises, we will focus on reorganizing the organization and strengthening the core competencies of each division."

CEO Choi also presented business goals according to the enhancement of competitiveness and strategy establishment for each sector. First, in the pharmaceutical division, he emphasized the achievement of sales targets for key products such as cardiovascular diseases and urged strong momentum in producing results for diabetes and endocrine products scheduled for new release this year. He added that efforts will be intensified to pioneer new global pharmaceutical markets so that overseas sales can become a key pillar of the ongoing business diversification.

In the production division, the focus will be on normalizing operations at the Osong plant, which was expanded last year, with full efforts toward GMP and product approval. Additionally, the quality-related division was urged not to be complacent with the industry's highest standards but to make every effort to establish the best quality competitiveness in Korea.

The research and development division will devote all capabilities to securing a global new drug pipeline through ongoing open innovation and emphasized that this year will be the inaugural year for a system that can accelerate global new drug development through visible research achievements.

CEO Choi said, "Although we will face numerous crises this year as well, if we focus on strengthening our internal capabilities through qualitative growth and securing growth engines for the future, we will surely take a step forward. Let us all work together so that Samjin Pharmaceutical can take one more step forward as a total healthcare company through stable growth."

Meanwhile, Samjin Pharmaceutical will hold a 'Kick off meeting' for the sales and marketing headquarters from the 4th to the 6th.

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