LG Chem Gets US$12.6 Million from Bill Gates Foundation for Polio Vaccine

SEOUL, June 8 (Korea Bizwire) – LG Chem Ltd., South Korea’s top chemical firm, said Wednesday that it has received a US$12.6 million grant from the Bill & Melinda Gates Foundation to develop a new polio vaccine. The grant will be used to expand LG Chem’s facility in South Korea and conduct medical trials of its new polio vaccine in overseas countries, LG Chem said in a statement. Since 2014, LG Chem has been developing an inactivated vaccine forpolio, with a second-phase [...]