Metabiomed Completes Osong Materials Innovation Center... Secures Future Growth Engine

Metabiomed announced on December 1 that it held the completion ceremony for its Osong Materials Innovation Center.

The Osong Materials Innovation Center is a facility built by Metabiomed with an investment of approximately 10 billion won in construction costs. It is located within the Osong Advanced Medical Complex in North Chungcheong Province, with a land area of about 14,545 square meters and a total floor area of around 4,959 square meters. The center will be fully equipped with facilities necessary for research and development and manufacturing to support the company's expansion into new businesses.

Metabiomed plans to establish the Materials Innovation Center as a core hub for research and production of biodegradable polymer materials and cosmetic fillers, accelerating its efforts to become a global leader in medical devices by achieving Vision 2030 goals of 500 billion won in sales and a corporate value of 1 trillion won.

Based on the Materials Innovation Center, the company aims to strengthen its competitiveness in materials technology and maximize synergy among its three major business divisions: biopolymers, cosmetics, and medical devices. Through these efforts, Metabiomed continues to expand its business areas, including molded suture products using polymer raw materials, fillers, sports medicine devices, and non-absorbable surgical clips, as well as other surgical medical devices.

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