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SK to Build New R&D Center in S. Korea to Bolster Green Biz

SK to Build New R&D Center in S. Korea to Bolster Green Biz

SEOUL, Jan. 25 (Korea Bizwire) — SK Group, South Korea’s third-largest conglomerate, said Tuesday it is building a new research and development (R&D) center near Seoul as part of efforts to further sharpen its technological edge in eco-friendly businesses. The 1-trillion won (US$834 million) facility, tentatively named “SK Green Techno Campus,” will put together a [...]

SK Invests US$350 Million in U.S. Gene Therapy Firm Center for Breakthrough Medicines

SK Invests US$350 Million in U.S. Gene Therapy Firm Center for Breakthrough Medicines

SEOUL, Jan. 9 (Korea Bizwire) — SK Inc., the holding company of South Korea’s No. 3 conglomerate SK Group, said Sunday that it has invested US$350 million in the Center for Breakthrough Medicines (CBM), becoming the second-largest stakeholder of the U.S. gene therapy company. SK said the investment deal with the Philadelphia-based contract development manufacturing [...]