KoreaTechToday - Korea's Leading Tech and Startup Media Platform
  • Topics
    • Naver
    • Kakao
    • Nexon
    • Netmarble
    • NCsoft
    • Samsung
    • Hyundai
    • SKT
    • LG
    • KT
    • Retail
    • Startup
    • Blockchain
    • government
  • Topics
    • Naver
    • Kakao
    • Nexon
    • Netmarble
    • NCsoft
    • Samsung
    • Hyundai
    • SKT
    • LG
    • KT
    • Retail
    • Startup
    • Blockchain
    • government
No Result
View All Result
KoreaTechToday - Korea's Leading Tech and Startup Media Platform
No Result
View All Result
Home Startup

WooGene Bio got $17.7B USD (2 billion won) in investment from investment in aju IB investment

 819 total views,  1 views today

KoreaTechToday Editor by KoreaTechToday Editor
PUBLISHED: January 21, 2019 UPDATED: January 21, 2019
in Startup
0
Kakao Pay achieved $17.7B USD in annual turnover last year

WooGene Bio, a subsidiary of Woojin B&G, announced on Monday that it has attracted $8.86B USD (1 billion won) in investment from a very good technology financial fund.

The decision was made after two months of due diligence and investment audit committee. WooGene Bio’s technology and company value were estimated at $177 B USD (20 billion KRW). Some institutions have already carried out the hearing and are showing positive responses, explaining that they are receiving attention from professional investment management and VCs.

WooGene Bio is a new company that was divided at the end of last year in order to increase professionalism and competitiveness of businesses that specialize in vaccines. He entered the animal vaccine market by releasing PED-M, a vaccine for swine flu, and conducted joint research and development of MERS vaccine targeting people with the Ministry of Health and Welfare.

“We recently succeeded in entering CMO(Contract Manufacturing Organization) markets and expanding our new sales locations. We have factories that can produce 150 million dose of vaccine per year and are receiving requests from variety of biotech companies for production.”

 

Representative of Woo Gene Bio

우진 바이오에 대한 이미지 검색결과

What’s your thoughts?
+1
0
Upvote
+1
0
Clap
+1
0
Clap
+1
0
On fire
+1
0
Meh
+1
0
Clap
+1
0
Tags: CMOInvestmentMedicalnew medicinewoogenewoogene bio

Related Posts

Onda
Startup

Korean hospitality tech startup ONDA secures $10 million Series B funding

January 20, 2023
TIPSX beSUCCESS Korean Startup Showcase 2022
Startup

15 Korean Tech startups get to pitch to global VCs in Silicon Valley at the TIPSX beSUCCESS Korean Startup Showcase 2022

October 22, 2022
Yanolja Cloud partnered with VNTravel to accelerate the digital transformation of Vietnam’s travel and leisure sector using cloud-based and SaaS solutions.
Digital Transformation

New Yanolja Unit Offers Digital Travel Tech With Vietnam’s VNTravel

July 24, 2021
South Korea’s Digital New Deal provided extensive support to local technology startups, enabling them to expand their presence throughout overseas markets.
Startup

Korea’s Digital New Deal Sends Startups Across Global Stages

July 23, 2021
Nota, a South Korean on-device AI solution developer, promoted AI compression technology NetsPresso in the Arm AI Virtual Tech Talk series. / photo courtesy of Nota Inc.
AI

AI Solution Startup Nota Offers ‘NetsPresso’ Tech Trials at Arm AI Tech Talk

June 24, 2021
Naver Corp. vowed to further invest in smaller companies in various sectors after the D2SF-supported startups’ combined valuation reached 1.3 trillion won.
Naver

Naver D2SF Accelerates Startups’ Growth, Generating 99% Survival Rate

June 11, 2021
No Result
View All Result

Follow Us

FREE NEWSLETTER




PRODUCTS

Most Popular

  • 5 Best Korean to English Translation Apps

    0 shares
    Share 0 Tweet 0
  • Top South Korean Tech Products to Look Out for in 2021

    0 shares
    Share 0 Tweet 0
  • Top Eight Promising EdTech Startup Companies in South Korea

    0 shares
    Share 0 Tweet 0
  • 5 All-Time Best Rom-Com K-Dramas to Watch

    0 shares
    Share 0 Tweet 0
  • Top Nine Mobile MMORPG in South Korea for 2020

    0 shares
    Share 0 Tweet 0
  • Korean tech giants to focus on future innovations & sustainability actions at CES 2023 

    0 shares
    Share 0 Tweet 0
  • Netmarble subsidiary Metaverse Entertainment’s K-Pop virtual girl band MAVE has a smashing online debut

    0 shares
    Share 0 Tweet 0
  • World’s First 5G Robot Café has a Seoul Opening

    0 shares
    Share 0 Tweet 0
  • Top 10 Must-Have Korean Apps You Need When Visiting in Korea

    0 shares
    Share 0 Tweet 0
  • South Korea Improves Digital New Deal with the Data Dam Project

    0 shares
    Share 0 Tweet 0
  • About Us
  • Account Page
  • application form
  • Cookie policy
  • Default Redirect Page
  • homepage
  • Login
  • login form
  • LogOut
  • Newsletter
  • Privacy Policy
  • Register
  • Reset Password
  • Sample Page
  • Subscription Plan
  • Terms of Use
  • test
  • test
  • testpage
  • TOS Page
  • Visitor Inside User Page

Copyright © 2022 KoreaTechToday | About Us | Terms of Use |Privacy Policy |Cookie Policy| Contact : [email protected] |

No Result
View All Result
  • Topics
    • Naver
    • Kakao
    • Nexon
    • Netmarble
    • NCsoft
    • Samsung
    • Hyundai
    • SKT
    • LG
    • KT
    • Retail
    • Startup
    • Blockchain
    • government

Copyright © 2022 KoreaTechToday | About Us | Terms of Use |Privacy Policy |Cookie Policy| Contact : [email protected] |