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Celltrion Q4 net profit plunges 99.4% on weak sales

Korean biopharmaceutical firm Celltrion said Thursday its fourth-quarter net income plunged 99.4 percent from a year earlier due to sluggish sales.

Seoul , Soult-ukpyolsi , South-korea , Seo-jung-jin , Celltrion-pharm , Celltrion-group , Celltrion-group-chairman-seo-jung-jin , Celltrion-healthcare , Celltrion , Biopharmaceutical , Profit , Company

Merck Deal Boosts Founder Of Little-Known Korean Biotech Company Into Billionaire Ranks

Park Soon-jae, founder and CEO of Alteogen, joins the three-comma club after his company announced a licensing deal with the U.S. drug giant.

Seoul , Soult-ukpyolsi , South-korea , Daejeon , Taejon-gwangyoksi , Cho-young-sikfollowed , Seo-jung-jin , Chung-yong-jidebuted , Purdue-university , Massachusetts-institute-of-technology , Lg-life-sciences

Listed firms' stock cancellations surge 33.3% in 2023

Stock retirement by major listed companies in Korea jumped more than 30 percent in 2023 from a year earlier, a corporate tracker said Wednesday.

Songdo-incheon , Kb-financial-group , Shinhan-financial-group , Meritz-financial-group , Hyundai-motor , Treasury-share , Celltrion , Company , Firm , Stock-retirement , Share

Owner family strengthens control of Celltrion

Celltrion has assigned important tasks to Chairman Seo Jung-jin’s younger brother and oldest son, according to industry officials, Wednesday.

Seoul , Soult-ukpyolsi , South-korea , San-francisco , California , United-states , Seo-jung-su , Celltrion-pharm , Seo-jin-seok , Seo-jung-jin , Celltrion-group , Seoul-national-university

Celltrion completes merger with sales unit as part of integration plan

Korea's pharmaceutical giant Celltrion Inc. said Thursday it has completed the process of merging with its sales and marketing affiliate Celltrion Healthcare Co. as part of its long-term corporate integration strategy.

Seo-jung-jin , Celltrion-pharm , Seo-jin-seok , Celltrion-healthcare-co , Celltrion-inc , Celltrion-healthcare , Kee-woo-sung , Celltrion-chairman-seo-jung-jin , Celltrion , Merger , Orea , Outh-korea

Celltrion's new autoimmune disease treatment wins FDA approval

Korea's major pharmaceutical firm Celltrion Inc. said Monday its new autoimmune disease treatment has won approval from the U.S. Food and Drug Administration (FDA).

United-states , Canada , Thomas-nusbickel , Songdo-incheon-yonhap , Celltrion-zymfentra , Celltrion-healthcare-co , Celltrion-inc , Drug-administration , Celltrion-healthcare , Celltrion-united , Celltrion , Sales

Celltrion, Inc. & Celltrion Healthcare Co., Ltd. Announce Shareholders Approval of Merger

INCHEON, South Korea, October 23, 2023--The merger agreement between Celltrion, Inc. and Celltrion Healthcare Co., Ltd. was approved at the EGM of two companies at INCHEON on Oct. 23., 2023.

South-korea , Incheon , Inch-on-gwangyoksi , Jiwoon-sakong , Eunyoung-lee , Celltrion-group , Celltrion-inc , Celltrion-healthcare , Good-manufacturing-practice , Celltrion , Erger-agreement , Rw

Korea goes all-out to support EV, battery sectors for export growth

Korea will extend support for electric vehicles (EVs), secondary batteries and other major industry fields in an effort to boost exports amid signs of a turnaround after a yearlong downturn, the industry ministry said Thursday.

Busan , Pusan-gwangyoksi , South-korea , Ukraine , Lg-energy-solution , Minister-bang-moon-kyu , Lg , Vehicle , Industry , Celltrion , Electric

Celltrion to merge with Celltrion Healthcare, Celltrion Pharm in 2 phases

Celltrion, a biosimilar producer, will merge with Celltrion Healthcare, a group subsidiary responsible for marketing biosimilar and other medicines, this year to create business synergy, Celltrion Group Chairman Seo Jung-jin said Thursday.

Celltrion-pharm , Baek-byung-yeul , Seo-jung-jin , Celltrion-holdings , Celltrion-group , Celltrion-healthcare , Celltrion-group-chairman-seo-jung-jin , Celltrion , Ealthcare , Rug , Harm , Orea

Celltrion Q1 net profit up 37.8% to $126.4 mil.

Celltrion on Monday reported its first-quarter net profit of 167.1 billion won ($126.4 million), up 37.8 percent from a year earlier.

Yonhap-infomax , Yonhap-news-agency , Yonhap-news , Celltrion , 1 , Rofit , Orea , Outh-korea , He-korea-times , Orea-times , Oreatimes , Orean-news-in-english