National Institute of Food and Drug Safety Evaluation

Despite a global economic slowdown, South Korea's overseas exports of boilers and water heaters increased 4.9% year over year by $478.3 million in 2...

South Korea's Daewoong Pharmaceutical announced on Monday that it has established a drug development system Daewoong AI System (DAISY) which combine...

South Korea's SK Biopharmaceuticals targeted 416 billion won ($311 million) for its epilepsy treatment Cenobamate in the US market this year. SK Bi...

BBQ, a popular South Korean fried chicken brand announced on Friday that it opened its first delivery and takeout store in Vietnam.The store is at V...

South Korean companies paid more corporate taxes than their rivals in developed countries in 2022, losing competitiveness, with the nation’s c...

South Korea’s Celltrion Inc. announced on Thursday that it will supply three treatments, including its blood cancer drug Truxima (rituximab) t...

South Korea has established diplomatic relations with Cuba, a close ally of North Korea, Seoul said on Wednesday. Cuba had long been the only count...

South Korea's CJ CheilJedang Corp. announced on Tuesday that its overseas food sales surpassed the domestic market in the fourth quarter performan...

Hanwha Aerospace Co. and Hanwha Systems Co. announced on Tuesday that they signed a three-party memorandum of understanding (MOU) for defense cooper...

Hyundai Motor Co. announced on Tuesday that it unveiled the 2024 model of its best-selling electric vehicle (EV) compact sports utility vehicle (SUV...

It all began in August, when hundreds of tons of frozen South Korean kimbap, or seaweed-wrapped rice rolls, sold out within a month of their arrival...

Samyang Foods Co., a South Korean instant noodle maker, enjoyed record earnings last year thanks to increasing overseas sales of its global-hit Hot ...

South Korean convenience store chains are accelerating exports of food products under their private brands as the domestic market competition is int...

South Korea's Lotte Mart has introduced its first specialized grocery store overseas, announcing the opening of its revamped Gandaria store in Jakar...

South Korea’s confectionery and snack maker Orion Corp. announced on Friday that it signed a strategic partnership agreement with the Institut...

South Korea’s Celltrion Inc. has signed a business agreement with China’s WuXi XDC to jointly develop new antibody-drug conjugates (ADC)...

South Korean artificial intelligence tech startup Moreh Inc. said on Thursday that its large language model (LLM) topped a performance assessment by...

South Korea’s Celltrion Inc. announced on Thursday that it has secured supply contracts for three anticancer biosimilars in European countries...

South Korea’s LG Chem Ltd. announced on Wednesday that its US-based subsidiary Aveo Pharmaceuticals will start Phase 3 clinical trials for its...

South Korean food company Daesang Corp. announced on Tuesday that it is launching the integrated brand "Sweevero" for alternative sweeteners like al...

South Korea’s snack and confectionery maker Orion Group has agreed to buy a controlling stake in LegoChem Biosciences Inc., a Korean biotech s...

Merging into one team, OCI Group and Hanmi Pharmaceutical Group will leap forward to be a global novel drug manufacturing and biotechnology innova...

Harvard Business School students are set to study the success of South Korean foods in the global market through the case of Bibigo, the leading bra...

South Korea's JW Pharmaceutical Corp., announced on Monday that it has received approval from the Malaysian National Pharmaceutical Regulatory Age...

South Korea’s Celltrion Inc. announced on Friday that it will supply its biosimilar Yuflyma (active ingredient: adalimumab) for the treatment ...

South Korea’s top automaker Hyundai Motor Group has agreed to secure lithium hydroxide, a key raw material for electric vehicle batteries, fro...

South Korea's Celltrion Inc. announced on Wednesday that it has applied to the US Food and Drug Administration (FDA) for a modified approval to repl...

Kobiolabs Co., a South Korean microbiome-based new drug development company, announced on Wednesday that it has a patent for Roseburia intestinalis ...

South Korea's Daesang Corp. announced on Wednesday that it has launched two new global products, "Do-it-yourself Kimchi Paste" and "Kimchi Spread."T...

SEOUL—Dog meat will no longer be allowed in South Korea, capping a decadeslong campaign against a controversial practice that many locals have...