National Institute of Food and Drug Safety Evaluation
Scope
Date
~
-
Economy
Korean exports snap 15 months of gains in Jan despite higher chip sales
South Korea’s exports dropped in January on-year for the first time in 16 months due to more holiday days in the month, although overseas sale...
Feb 02, 2025 (Gmt+09:00)
-
Retail
Coupang Eats starts food delivery service in Japan
Coupang Eats, a food delivery app operated by South Korea's No. 1 e-commerce platform Coupang Inc., launched its first overseas service in Japan.Acc...
Jan 22, 2025 (Gmt+09:00)
-
Bio & Pharma
Lotte Biologics eyes first ADC CDMO order in 2025
SAN FRANCISCO -- Lotte Biologics Co., the drug consignment development and production unit of South Korean conglomerate Lotte Group, will seek to wi...
Jan 17, 2025 (Gmt+09:00)
-
IPOs
Celltrion seeks large-scale M&A in Q4, eyes 2027 Nasdaq debut
SAN FRANCISCO – South Korea’s leading biosimilar drug developer Celltrion Inc. seeks to acquire a domestic health food maker as early as...
Jan 16, 2025 (Gmt+09:00)
-
Bio & Pharma
SK Biopharmaceuticals, Eurofarma to set up AI epilepsy platform JV in US
South Korea’s SK Biopharmaceuticals Co. has signed a deal with Brazil’s Eurofarma Laboratórios S.A. to establish a joint venture ...
Jan 15, 2025 (Gmt+09:00)
-
Mergers & Acquisitions
Korea Zinc, MBK-Young Poong alliance to fight over cumulative voting
The battle over Korea Zinc Inc.'s management control between Korea Zinc Chairman Choi Yun-birm and the Young Poong Corp.-MBK Partners alliance has n...
Jan 06, 2025 (Gmt+09:00)
-
Food & Beverage
S.Korea's exports of snack exceed $700 mn mark in 2024
South Korea's confectionery exports from January to November last year increased 16.5% year over year surpassing $700 million for the first time, ac...
Jan 02, 2025 (Gmt+09:00)
-
Alternative investments
Korean pension funds raise bets on infrastructure, global stocks
South Korean pension funds are raising their bets on infrastructure and global stocks, while reducing exposure to the domestic stock market on a dow...
Jan 01, 2025 (Gmt+09:00)
-
Korean food
K-food, fashion, beauty to up ante on global push in 2025
South Korean food, beauty and fashion companies, which have enjoyed robust demand for their products in overseas markets this year, will grow bolder...
Dec 31, 2024 (Gmt+09:00)
-
Bio & Pharma
Yuhan’s lung cancer drug gets OK in Europe
Leclaza (ingredient: lazertinib), a new lung cancer treatment developed by South Korea’s Yuhan Corp. secured approval from the European Commis...
Dec 31, 2024 (Gmt+09:00)
-
Food & Beverage
S.Korea's office cafeteria firms expand into overseas markets
South Korea's office cafeteria companies, including Hyundai Green Food Co., Ourhome, and Samsung Welstory plan to expand overseas markets with the p...
Dec 30, 2024 (Gmt+09:00)
-
Economy
S.Korea-Philippines FTA to boost car and food exports
South Korea and the Philippines free trade agreement (FTA) is expected to increase exports to the Philippines, especially cars and parts, which will...
Dec 30, 2024 (Gmt+09:00)
-
Corporate bonds
Korea Inc. to face refunding risks with record corporate bond maturities
South Korean companies are expected to face refunding risks thanks to record corporate bond maturities in the first half of 2025, as fundraising con...
Dec 23, 2024 (Gmt+09:00)
-
Korean food
Daesang launches kimchi brand with three-Michelin-star chef
South Korean leading food maker Daesang Corp., the operator of kimchi brand Jongga, said on Thursday it launched San Ho Won with three-Michelin-star...
Dec 19, 2024 (Gmt+09:00)
-
Food & Beverage
Samyang Foods to establish overseas plant in China
South Korea's Samyang Foods Co. said on Monday it will build its first overseas plant in China. The company plans to invest 64.7 billion won ($...
Dec 17, 2024 (Gmt+09:00)
-
Bio & Pharma
Boryung, Lotus Pharma signs CDMO deal on anticancer injection
South Korea's Boryung Corp. said on Thursday it signed a contract with Lotus Pharmaceutical, a Taiwanese oncology firm, for contract development and...
Dec 12, 2024 (Gmt+09:00)
-
Food & Beverage
Samyang Foods releases export-only ramyun brand in Thailand
South Korea's Samyang Foods Co. said on Wednesday it launched the new export-only ramyun brand Mep in Thailand. Mep is the second brand for the...
Dec 11, 2024 (Gmt+09:00)
-
Corporate restructuring
NPS steps back from Doosan Robotics' Bobcat merger
The National Pension Service (NPS) appears to be stalling on a vote for Doosan Robotics Inc.'s merger with Doosan Bobcat Inc., with major proxy advi...
Dec 09, 2024 (Gmt+09:00)
-
Bio & Pharma
SK Biopharm submits NDA of epilepsy drug to China
South Korea's SK Biopharmaceuticals Co. said on Tuesday it submitted the new drug application (NDA) for its flagship epilepsy drug Cenobamate to Chi...
Dec 05, 2024 (Gmt+09:00)
-
Pension funds
NPS enjoys 9.2% return as of Q3 on bullish US stocks
The National Pension Service (NPS), South Korea’s largest institutional investor, reported a preliminary 9.18% return from investments, equiva...
Nov 29, 2024 (Gmt+09:00)
-
Venture capital
S.Korean gov't eases restrictions on Korean investment in overseas startups
The companies founded by South Korean nationals abroad will be recognized as domestic companies if they contribute to the Korean economy, making it ...
Nov 25, 2024 (Gmt+09:00)
-
Bio & Pharma
Celltrion’s Remsima on course to become Korea’s 1st blockbuster drug
Celltrion Inc.'s Remsima, the world’s first biosimilar monoclonal antibody, is on track to exceed 1 trillion won ($713 million) in sales this ...
Nov 25, 2024 (Gmt+09:00)
-
Bio & Pharma
Hanmi Pharma to move up launch of anti-obesity drug
South Korea’s Hanmi Pharmaceutical Co. announced on Thursday the launch of its anti-obesity drug candidate efpeglenatide has been rescheduled ...
Nov 21, 2024 (Gmt+09:00)
-
Korean food
CJ CheilJedang to invest $584 mn to build food factories in Europe, US
CJ CheilJedang Corp., South Korea’s largest food company, will spend a total of $584 million to build new food-manufacturing factories in Euro...
Nov 21, 2024 (Gmt+09:00)
-
Bio & Pharma
Samsung Biologics wins $668 million CDMO deal with European pharma
Samsung Biologics Co., the world’s largest contract drugmaker, said on Wednesday it has signed two drug manufacturing contracts worth a combin...
Nov 20, 2024 (Gmt+09:00)
-
Private equity
US private equity giant Apollo opens Seoul office for APAC expansion
Apollo Global Management Inc., a US private equity powerhouse, said on Monday it has opened an office in Seoul to expand its business in the Asia Pa...
Nov 19, 2024 (Gmt+09:00)
-
Batteries
South Korea approves Korea Zinc’s precursor as national core technology
South Korea has designated Korea Zinc Inc.'s precursor manufacturing process as a national core technology and advanced industrial technology, effec...
Nov 19, 2024 (Gmt+09:00)
-
Mergers & Acquisitions
CJ CheilJedang puts bio business on market for $4 bn
CJ CheilJedang Corp., South Korea’s largest food company, is seeking to sell its bio business for about 6 trillion won ($4.3 billion) in what ...
Nov 18, 2024 (Gmt+09:00)
-
Food & Beverage
Samyang Foods Buldak Topokki enters Walmart in US
South Korea's Samyang Foods Co. said on Monday its Buldak Topokki entered Walmart stores in the US.Available in Original and Carbo (carbonara) fla...
Nov 18, 2024 (Gmt+09:00)
-
Tech, Media & Telecom
SK C&C unveils digital SHE consulting service
South Korea's SK C&C said on Thursday that it launched its Digital SHE Consulting Service, the artificial intelligence (AI) platform tha...
Nov 14, 2024 (Gmt+09:00)
Latest News
- 1 BOK chief warns against aggressive policy rate cuts, sees need for fiscal stimulus
- 2 S.Korea eases path for foreign REITs in senior housing push
- 3 Koramco targets $7 bn bets on Korea data centers
- 4 Lotte Chemical, HD Hyundai seek big deal via merger of naphtha cracking facilities
- 5 South Korea accelerates stablecoin framework in global race