SEOUL, April 1 (Korea Bizwire) — South Korea’s major conglomerates are launching ventures in the pharmaceutical and biomedical industries, following the success of Samsung Biologics Co., the biotech arm of Samsung Group and SK Bioscience Co., a vaccine unit of SK Group. Lotte Corp., the holding company of retail giant Lotte Group, decided to establish [...]
SEOUL, May 19 (Korea Bizwire) – The market for plastic surgery prosthetic filler is soaring. The steady domestic market and exports to foreign markets such as China and Japan are enabling Korean biomedical companies to prosper. Hugel and Medytox both broke quarterly records in this year’s Q1, powered by an increase in filler sales. Both companies [...]
SEJONG, Jun. 22 (Korea Bizwire) — Korean researchers have found a use for invasive alien plants that are disturbing local ecosystems, as six species have proven to be effective in treating and preventing tooth, gum and skin diseases. The National Institute of Biological Resources said on June 21 that extracts from Prickly lettuce, Buffalo weed, [...]