Solus Biotech
Scope
Date
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Battery materials
Korea’s Solus supplies battery copper foil to Tesla
South Korea’s Solus Advanced Materials started supplying battery copper foil to Tesla Inc. in January, becoming the country’s first batt...
Feb 16, 2022 (Gmt+09:00)
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IPOs
Korea’s biotech startup Voronoi to go public in March
South Korea’s biotechnology startup Voronoi Inc. plans an initial public offering in March to raise up to 130 billion won ($108.4 million).Vor...
Jan 25, 2022 (Gmt+09:00)
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Metaverse
Biotech firm EDGC embarks on metaverse journey
EONE-DIAGNOMICS Genome Center Co. ( EDGC ) announced this week it would participate in AI Human Metaverse Project consortium – along with seven ...
Jan 05, 2022 (Gmt+09:00)
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Pharamaceuticals
Korea’s CHA Biotech to triple US CDMO capacity
CHA Biotech, South Korea’s stem cell therapeutics developer, is set to expand its biomaterials contract development and manufacturing organiza...
Jan 05, 2022 (Gmt+09:00)
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Biotech
Korea’s MedPacto, Merck plan phase 3 trials of colorectal cancer drug
MedPacto Inc., a South Korean biotechnology company that develops therapeutics for cancer and autoimmune diseases, has agreed with global drugmaker ...
Dec 15, 2021 (Gmt+09:00)
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Batteries
Korea copper foil makers on bull run amid demand hopes
South Korean stocks related to secondary batteries, especially shares in cathode and anode materials producers, have rallied on strong growth in the...
Nov 19, 2021 (Gmt+09:00)
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Bio
K-bio's out-licensing this year reaches $9.3 bn
Overseas technology transfers from South Korean biotechs and pharmaceutical manufacturers this year have exceeded 11 trillion won ($9.3 billion), al...
Nov 18, 2021 (Gmt+09:00)
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Moderna co-founder
Giving away patents not in line with capitalist society
WASHINGTON D.C. -- US-based biotechnology company Moderna Inc. wasn’t a household name until the beginning of last year, when its fate changed...
Oct 12, 2021 (Gmt+09:00)
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Biotech
JW Bioscience in pancreatic cancer biomarker deal with Immunovia
JW Bioscience Co., a subsidiary of South Korea’s JW Life Science Co., has signed a non-exclusive agreement to transfer its patented technology...
Sep 15, 2021 (Gmt+09:00)
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Biotech
Korea’s bio startup Voronoi inks $324 million deal with Brickell Biotech
Voronoi Inc., a South Korean biotechnology startup, has clinched a $324 million deal to grant Brickell Biotech, a US clinical-stage pharmaceutical f...
Sep 02, 2021 (Gmt+09:00)
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Biotech
LegoChem’s biotech platform drives 28% share price spike over last month
The rise of the platform economy is a global phenomenon. The spread of the coronavirus pandemic has accelerated the use of contactless technology an...
Jul 07, 2021 (Gmt+09:00)
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Medicine
Celltrion, Mirae to take largest stake in UK biotech firm
South Korean biosimilar maker Celltrion Inc. and Mirae Asset Group have agreed to an investment that will render them the top shareholder in Iksuda ...
Jun 07, 2021 (Gmt+09:00)
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Energy
Korean biotech firm produces krill oil with top phospholipid content
South Korea’s biotechnology firm Biocorp Co. has produced krill oil containing 61% phospholipids, the highest level in the world, and has begu...
Dec 10, 2020 (Gmt+09:00)
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M&As
Lotte Group to invest $258 mn in Doosan Solus to boost footing in EV market
Lotte Group will commit 300 billion won ($257.5 million) to Doosan Solus Co., a battery copper foil and OLED materials maker acquired by SkyLake Inves...
Sep 23, 2020 (Gmt+09:00)
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Bio
S. Korea to grow green biotech industry to $10.6 bn by 2030; nurture talent
The South Korean government said on Sept. 21 that it will triple the size of the country’s green biotechnology industry over the next decade and...
Sep 21, 2020 (Gmt+09:00)
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Startup
Mirae Asset co-leads $100 mn financing for China’s biotech startup
Mirae Asset Financial Group has invested $28 million in Shanghai-based biotechnology startup JW Therapeutics, about a quarter of $100 million financin...
Jun 12, 2020 (Gmt+09:00)
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Private equity
Mirae Assets logs 150% return from German biotech startup exit
Mirae Asset Daewoo Co. Ltd. has earned a 150% return on a $15 million investment in German biotechnology firm BioNTech SE in nine months, securing $22...
Apr 17, 2020 (Gmt+09:00)
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Private Equity
Korean biotech fund reaps triple-digit return on two Nasdaq-listed firms
South Korea’s $25 million biotechnology-themed fund, launched by Meritz Securities Co. Ltd., has earned triple-digit returns on its 2.7 billion ...
Jan 21, 2020 (Gmt+09:00)
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KB Investment joins $134 mn funding for Swiss biotech venture
KB Investment Co. Ltd., the venture capital arm of KB Financial Group, has invested $10 million in a Swiss biotech start-up firm which recently raised...
Jul 20, 2019 (Gmt+09:00)
Latest News
- 1 Lee Jae-myung to meet with top business leaders this week ahead of G7 summit
- 2 Korea to allow non-profits to buy bad consumer loans
- 3 LG to drive future growth in emerging markets with battery prowess
- 4 South Korean President Lee, Japanese Prime Minister Ishiba seek closer ties
- 5 Naver Ventures to plant flag in Silicon Valley with TwelveLabs bet