Development
Vol.07
The 'Super-gap Bio City' in Incheon has been completed. Lotte Biologics will now be the neighbor of leading Korean bio companies as well as global raw material companies.
The ‘Super-gap Bio City’ in Incheon has been completed.
Lotte biologics will now be the neighbor of leading Korean bio companies as well as global raw material companies.
Songdo already has the world's largest biopharmaceutical production capacity, and leading Korean bio companies like Celltrion, Samsung Biologics, and SK Bio Science, as well as global raw material companies like Merck and Satorius, are investing heavily in large-scale R&D and manufacturing facilities. It has established itself as a global bio cluster. Lotte Biologics will be their new neighbor.
Incheon City and Lotte Biologics have agreed to create a biopharmaceutical research and development center as well as manufacturing facilities in Songdo 11th Zone. The MOU's key component is each party's responsibility in inviting a Biomedicine R&D and production facility, as well as its active collaboration in securing an investment location and constructing the facility.