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Seoul, Stockholm vow to cooperate in bio-health industry 2019-06-17
(19.06.15)바이오헬스 산업 협력 의향서 체결식 및 현장방문03.jpg 1

Trade, Industry and Energy Minister Sung Yun-mo (third from the right) visited AstraZeneca’s pharmaceutical plant in Södertälje on June 15 (local time) to attend a letter of intent (LOI) signing ceremony for cooperation in the bio-health industry on the occasion of President Moon Jae-in’s state visit to Sweden.

The LOI was signed between the Korea Trade-Investment Promotion Agency (KOTRA), the Korea Biotechnology Industry Organization (KoreaBio), and AstraZeneca. With the letter, the signatories will enhance cooperation in various areas such as nurturing Korean biotech startups, developing new medicines, and advancing future healthcare technology.

The event was attended by industry officials from both countries, including KOTRA President Kwon Pyung-oh, KoreaBio President Seo Jeong-sun, and AstraZeneca’s Head of Sweden Operations Derek Seaborn.