K-Bio Lab Hub Project Team Supports Growth of Bio Startup Companies with Donggu Bio Pharm
Cooperation in the Bio Industry Sector
Including New Drug R&D, Fostering Bio Companies, and Networking
The K-Bio Lab Hub Project Promotion Team of the Small and Medium Business Technology Information Promotion Agency announced on the 28th that it has signed a business agreement with Donggu Bio Pharmaceutical to discover and nurture startup companies.
Through this agreement ceremony, both organizations promised to cooperate in ▲ discovering and nurturing innovative bio companies ▲ supporting joint research and development (R&D) collaboration for new drug development ▲ jointly planning programs to promote open innovation.
Han In-seok, Head of the Promotion Team (left), and Cho Yong-jun, Chairman of Donggu Bio Pharmaceutical, are signing a business agreement. Photo by Kijeongwon
View original imageRecently, the government announced measures to create an innovative ecosystem for pharmaceutical bio ventures and is planning to establish a venture fund to support technology development for bio startups. Therefore, the business cooperation between the two organizations is expected to play an important role in fostering bio startups and building an innovative ecosystem.
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Han In-seok, head of the promotion team, said, “Through this business agreement, we will lay the foundation for startups to grow and seek ways to support domestic bio companies in broader fields.”
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