investment Archives | Page 2 of 33 | Be Korea-savvy
S. Korea to Invest Over 150 bln Won into Climate Research in 2021

S. Korea to Invest Over 150 bln Won into Climate Research in 2021

SEOUL, Dec. 30 (Korea Bizwire) — South Korea said Wednesday it will spend 150.1 billion won (US$137.8 million) on climate and environment-related research next year, up 12.9 percent from this year, to bolster the country’s efforts to become carbon neutral by 2050. The Ministry of Science and ICT said it will invest in 30 new [...]

QuantuMDx Embarks on £11 Million Scale-up to Mass Manufacture its Diagnostic Q-POC™ Device and Disposable Test Cassette

QuantuMDx Embarks on £11 Million Scale-up to Mass Manufacture its Diagnostic Q-POC™ Device and Disposable Test Cassette

NEWCASTLE UPON TYNE, UK, Dec. 17 (Korea Bizwire) – QuantuMDx Group Limited, a UK-based life sciences company developing transformational point-of-care molecular diagnostics, today announced it is investing over £11 million to scale up production to mass manufacture its flagship diagnostic device, Q-POC™ and disposable test cassette. QuantuMDx accelerated development, scale-up and manufacture of Q-POC™ – [...]

SK Innovation Inks Joint Venture Deal to Run Another EV Battery Plant in China

SK Innovation Inks Joint Venture Deal to Run Another EV Battery Plant in China

SEOUL, Dec. 14 (Korea Bizwire) — SK Innovation Co. has invested in an electric vehicle (EV) battery plant in China in the latest move to boost its production capacity amid growing demand for zero-emission cars in the world’s largest auto market, people familiar with the matter said Monday. The South Korean EV battery maker acquired [...]

Jeito Capital Leads €20 Million Investment in InnoSkel, a New Gene Therapy Company and Leader in Rare Skeletal Disorders

Jeito Capital Leads €20 Million Investment in InnoSkel, a New Gene Therapy Company and Leader in Rare Skeletal Disorders

Paris, France, Dec. 14 (Korea Bizwire) – Jeito Capital (“Jeito”), a rapidly emerging independent investor dedicated to biotech and biopharma, today announces that it has led a €20 million Series A financing in InnoSkel, a newly launched pioneering platform biotechnology company developing therapies for rare and life-threatening skeletal diseases. Jeito co-led the financing in a [...]

SK to Invest $200 mln in Roivant’s Targeted Protein Degradation Platform

SK to Invest $200 mln in Roivant’s Targeted Protein Degradation Platform

SEOUL, Dec. 7 (Korea Bizwire) — SK Holdings Co., an investment arm of South Korean conglomerate SK Group, said Monday it has signed a strategic partnership deal with U.S. biopharmaceutical firm Roivant Sciences Ltd. to enter the targeted protein degradation drug market. Under the deal, SK will invest US$200 million into Roivant’s targeted protein degradation [...]