| Green Cross has carried out
R&D under the strategies of
selection, centralization and
the development of world-class
new medicine.
Green Cross is focusing its
R&D competence on the Biopharmaceutical
field, which has relatively
higher potential of success
and an exclusive market share
than synthetics or natural new
medicines, based on the experience
and technology accumulated for
about 30 years since its establishment
in 1967.
Main tasks to build a wide
range of home/abroad R&D
network are as follows:
With its increasingly expanded
R&D investment at the highest
level of the same industry in
the nation, Green Cross is promoting
the development of new medicines
aiming for the world market
as well as the domestic market
through the exploration of new
materials and early commercialization
of the candidate materials.
Particularly, Green Cross is
endeavoring the expansion of
the network with bioventure
corporations. The advanced foreign
companies tend to build a wide
range of network for a synergy
effect that continuously secures
the technical competitiveness
while enhancing the in-house
R&D competence in the segmented
biotechnology that has rapidly
been changed since mid 1990s.
Starting from ViroMed, a representative
bioventure holding a genetic
treatment technology, in 1996,
there are about 20 bioventure
corporations including Macrogen,
I.D.gene developing the DNA
chip for the genetic test, Genetic
jointly developing AIDS vaccine,
Nexgen developing the GMO (genetically
modified organism) detection
kit, Dinona developing the monoclonal
antibody and the diagnostic
reagent, and Cellontech commercializing
the world's second autologous
chondrocyte.
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