Bio Association Partners with Samil Accounting Corporation to Operate M&A Support Center

The Korea Bio Association is partnering with Samil PwC to operate an M&A support center for bio and healthcare companies.

Lee Seung-gyu, Vice Chairman of the Korea Bio Association (left), and Lee Do-shin, Head of the Unicorn Support Center at Samil Accounting Corporation, are taking a commemorative photo at the business agreement signing ceremony held on the 22nd.
[Photo by Korea Bio Association]

The association announced on the 25th that it signed a business agreement with Samil PwC on the 22nd to cooperate and strengthen mutual synergy in supporting M&A for bio and healthcare companies. The signing ceremony was attended by Lee Seung-gyu, Vice Chairman of the Bio Association, Lee Do-shin, Head of the Unicorn Support Center at Samil PwC, and other officials.

Going forward, the two organizations will jointly operate the M&A support center for bio and healthcare companies and actively support the growth of bio and healthcare companies and industry revitalization through M&A by running special programs targeting over 640 association member companies. The association will co-manage the Bio M&A Support Center, hold seminars for members, and conduct promotions, while Samil PwC will provide customized one-stop services including ▲M&A consultations and the latest information ▲advisory on sale, acquisition, and merger of bio companies ▲investment attraction and post-merger integration (PMI) advisory.

Given the nature of the bio sector, which requires in-depth understanding of technology and business as well as strategic decision-making, the two parties plan to resolve companies’ concerns and support sustainable growth by providing advice on business portfolio restructuring, investment attraction, sale, acquisition, and merger through the Bio M&A Support Center.

Lee Do-shin, Head of the Unicorn Support Center at Samil PwC, said, “M&A is one of the core management strategies and a means of innovation to respond to rapid environmental changes and maximize corporate value,” adding, “We hope the Bio M&A Support Center will not only provide customized solutions but also actively contribute to revitalizing the bio industry.”

Lee Seung-gyu, Vice Chairman of the Korea Bio Association, also said, “Various M&A opportunities are emerging in the domestic bio industry, and the association has established the Bio and Healthcare M&A Support Center to actively support these,” adding, “We will strive to successfully realize cases in the future through collaboration with Samil PwC, which has extensive domestic and international M&A networks and experience.”

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