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Korean biotech firms flex muscles at J.P. Morgan Healthcare Conference

Korea Herald Correspondent SAN FRANCISCO A record number of Korean companies are set to deliver presentations to boast their latest biotechnologies at the 42nd J.P. Morgan Healthcare Conference, the largest event of its kind, which kicked off Monday in San Francisco. This year, the number of Korean companies that received official invitations from the host increased to six from three last year. The presenters incl. ....

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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. ....

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Chairman's daughters from extramarital affair seen as risk to Celltrion's governance

Celltrion is facing uncertainties over Chairman Seo Jung-jin s potential handover of his management rights to his two sons, Celltrion Board Chairman Seo Jin-seok and Celltrion Healthcare Board Chairman Seo Joon-serk, as it was found recently that his two daughters from an extramarital affair had been recognized last year as his biological children, according to industry officials, Thursday. ....

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Celltrion founder is Korea's richest man: Forbes


By Kim Jae-heun
The richest person in Korea is Celltrion Chairman Seo Jung-jin, according to Forbes s World s Billionaires List of 2021 revealed Tuesday (local time). The American business magazine estimated the assets of billionaires around the world based on a number of factors, including their company s stock price and exchange rates.
Seo s net assets were valued at $14.2 billion (15.9 trillion won), ranking him as the 145th richest person in the world.
The pharmaceutical firm chairman was listed among the top three billionaires in Korea last year after late Samsung Group Chairman Lee Kun-hee at No. 1 and NXC CEO Kim Jung-ju at No. 2. ....

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Who will lead Celltrion after Seo Jung-jin?


Posted : 2020-12-31 15:04
Updated : 2021-02-18 19:22
Outgoing Celltrion Chairman Seo Jung-jin speaks during a biotechnology industry conference in Incheon, Nov. 18. Hankook Ilbo photo by Wang Tae-seog
Biotech developing cocktail treatment for variants
By Nam Hyun-woo
After Celltrion Chairman Seo Jung-jin stepped down from his post at the biopharmaceutical giant, attention is being paid to the future shape of the company s leadership.
According to Celltrion, Seo has not worked as chairman since Dec. 31, following an earlier promise that he would wrap up his stint at the company by the end of 2020. During a local investment forum in October, the Celltrion founder said he would start a venture company on ubiquitous healthcare, an emerging area of medical technology. ....

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