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Industry
MSIT to boost bio CMC capabilities, push new project with MOTIE
South Korea plans research and development and a service platform to strengthen domestic bio companies’ chemical, manufacturing and quality control (CMC) capabilities. The Ministry of Science and ICT said it is preparing a new project with the Ministry of Trade, Industry and Energy to support companies’ use of CMC services. The project aims to develop technologies needed for advanced CMC application and build a platform to provide them as services, offering one-stop support across development stages.
Industry
Samsung Electronics becomes top shareholder in U.S. Element Biosciences to bolster precision medicine technology
Samsung Electronics said on Tuesday it made a strategic investment in U.S. gene analysis equipment company Element Biosciences and became its top shareholder. Samsung invested an additional $175 million by participating in Element’s Series E round, after taking part in its Series D investment in July 2024. Samsung said the investment would help it secure key technologies in the fast-growing global precision medicine market and strengthen future growth engines.
Industry
MSIT holds Science and ICT Day ceremony; 164 receive government awards
South Korea\'s Ministry of Science and ICT and the Korea Communications Commission held the 2026 Science and ICT Day ceremony on Monday in Seoul, awarding government honours to 164 recipients. Of them, 148 received awards at the venue. Awards included 36 orders, 22 medals, 47 presidential citations and 59 prime ministerial citations. Top science and technology honours went to researchers recognised for RNA studies and quantum computing commercialisation.
