Daewoong Pharmaceutical Archives | Page 2 of 2

Daewoong Pharma Builds Lab in China after Acquiring Local Firm

SEOUL, Nov. 5 (Korea Bizwire) – Daewoong Pharmaceutical announced on November 3 that it recently built a Daewoong Pharmaceutical Liaoning laboratory as part of an effort to establish a global network. The lab is under Liaoning Baifeng, a Shenyang-based drug manufacturer the Korean company acquired in August 2013. The newly-built lab located in the Benxi Economic [...]

Daewoong Pharmaceutical’s Chairman to Donate His Wealth to a Foundation

SEOUL, May 29 (Korea Bizwire) – Yoon Young-Hwan, founder and chairman of Daewoong Pharmaceutical Co., decided to donate all his stock holdings worth 80 billion won to a foundation and an in-house fund for workers’ welfare. According to the company on May 28, the chairman would establish the Seokcheon-Daewoong Foundation, recapitalize the Daewoong Foundation for educational causes, [...]