보건복지부 영문홈페이지

The Future of Biotechnology Innovation and Global Cooperation

MOHW and KHIDI to Host BIO KOREA 2024

- Korea’s largest international healthcare industry convention is held

from May 8 (Wednesday) to May 10 (Friday), at COEX, Seoul -

- The event will serve as a venue to facilitate open innovation

through business partnering, invest fair, exhibitions, and academic conferences -

The Ministry of Health and Welfare (MOHW, Minister Cho KyooHong) and the Korea Health Industry Development Institute (KHIDI, President Cha, SoonDo) will host BIO KOREA 2024 at Hall C, COEX, Seoul for three days from May 8 (Wednesday) to May 10 (Friday).

Returning this year for its 19th iteration, BIO KOREA has made huge strides in raising global awareness of Korea’s highly advanced pharmaceutical and bio technologies and elevating the global standing of the Korean health industry.

Held under the theme of “The Future of Biotechnology Innovation and Global Cooperation,” this year’s event will include business partnering, invest fair, exhibitions, and academic conferences. 641 companies from 55 countries (based on pre-registrations as of May 6) are expected to participate in, with more than 30,000 visitors. The number of business partnering booths will increase by 80% (30 in 2023 → 56 in 2024) for more active business interactions.

Minister Cho KyooHong said in the congratulatory speech during the opening ceremony, “Global businesses are highly interested in Korea’s biopharmaceutical companies. As such, Bio Korea will spark cooperation for open innovation to help Korean businesses with innovative technologies of the future generation expand their presence in the global market.

He added, “The Korean government will facilitate the development of biotechnology innovation and build the global cooperation ecosystem in order to leap forward as a global hub country in biohealth by increasing research and development support, creating mega funds, enhancing export support, training specialized personnel, and improving the relevant regulations.

KHIDI President Cha, SoonDo remarked in the opening speech, “This event offers an opportunity to meet biohealth researchers, businesses, and institutions worldwide in one place. I hope this year’s event will serve as a business forum to share their strategies and find ways to work together.” He added, “I hope BIO KOREA will serve as a springboard for the global expansion of Korea’s outstanding technologies. ///