In recent years, South Korea has emerged as a hub for innovation in the field of biotechnology. Since 2015, several groundbreaking companies have set up shop in this part of the world, charting new territories in health care, pharmaceuticals, bioinformatics, and beyond. This article spotlights some of the most promising new companies in the sector, showcasing the immense potential of South Korean biotech.
The country’s biotech scene is characterized by its diversity. From startups harnessing the power of artificial intelligence for drug discovery to companies developing new drugs for chronic diseases, South Korean biotech is as varied as it is innovative. Let’s take a closer look at some of the companies leading the way.
Founded in the past few years, these companies are young, but they’re making significant strides in their various domains. Many of them are at the cutting edge of their respective fields, pioneering new technologies and approaches that could have far-reaching implications. Below are some of the companies in South Korea’s biotech sector that you should definitely keep an eye on.
Located in Incheon, Voronoi is a leading company in the fields of biotech and health care. Although a relatively new company, Voronoi’s innovative approach and cutting-edge solutions have quickly made it a name to watch in industry circles. You can find out more about the company on its LinkedIn page.
Bioway, based in Chuncheon, is another newcomer to the biotech scene. Specializing in biotech, health care, and medical fields, Bioway is looking to make its mark and contribute significantly to the industry.
Based in Yeoksamdong, InfoBoss is in the intersection of analytics, bioinformatics, biotechnology, and information services. Get to know more about this innovative company by connecting with them on Facebook.
Standigm, headquartered in Seoul, is using artificial intelligence and machine learning to make new strides in biotech, health care, and pharmaceuticals. With a team led by founders Jinhan Kim, Sang Ok Song, and So Jeong Yun, this AI-driven drug discovery company is making noteworthy advancements. Learn more about Standigm’s groundbreaking work on their Facebook page and LinkedIn profile.
Based in Seongnam, Inventage lab is committed to developing new and improved drugs for refractory and chronic diseases. Follow their innovative efforts on Facebook.
With its diverse focus on Biotechnology, Commercial, Consulting, Database, Education, ICT, KAIST GLOBAL COMMERCIALIZATION SYSTEM, based in Yusong, is one to watch.
FitTech company GAON N, based in Yeoksamdong, mixes biotech with fitness, health care, and nutrition to create innovative solutions.
Oncocross, based in Mapo, is at the forefront of biotech and pharmaceutical industries. Led by founder Yi Rang Kim, Oncocross is a pioneering company worth watching.
Seoul-based Pensées is leading the way in 3D Technology, Biotechnology, Manufacturing, and Medical fields. No doubt, their efforts will further bolster South Korea’s presence in the global biotech industry. You can connect with them on LinkedIn.
Huvet Bio is a prominent player in Biopharma, Biotechnology, Health Care, Medical, and Pharmaceutical sectors. With headquarters in Seoul, they are part of the up-and-coming wave of biotech companies in South Korea.
Finally, PROTEINA is another noteworthy company based in Doksansadong. They operate in the Biotechnology, Health Care, Life Science, and Pharmaceutical sectors, making them part of the new generation of multidisciplinary biotech firms.