[New Year's Message] Jo Wook-je, CEO of Yuhan Corporation, "Focus and Prioritize in New Drug Development"
"Turning Crisis into Opportunity"
Jo Wook-je, CEO of Yuhan Corporation, stated the goal of "achieving early results through selection and concentration on core tasks such as new drug development."
In his New Year's address on the 2nd, CEO Jo said, "This year's business environment is expected to be a perfect storm, that is, an economic mixed crisis," adding, "We must overcome uncertainty, create new paths, and turn the crisis into an opportunity."
He continued, "As this year is right before the 100th anniversary of the company's founding, we will achieve the goals set for each business division based on a strong sense of responsibility and differentiated strategies to enter the mid- to long-term goal of becoming one of the 'Global Top 50 Pharmaceutical Companies.'"
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He also stated, "Along with stabilizing the profit structure, we will achieve early results through selection and concentration on core tasks such as new drug development," and added, "Based on the secured resources, we plan to establish a virtuous cycle structure by reinvesting in research and development."
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