Orange Grove Bio, a US-based drug investment and development company, has formed strategic collaborations with Yonsei University Health System and Pohang University of Science and Technology to strengthen the biotech entrepreneurial ecosystem in South Korea. These partnerships represent the company’s first international collaborations, highlighting a strategic geographic expansion of the company’s efforts to harness the significant research potential found in universities and academic medical centers outside the US. Under these partnerships, Orange Grove Bio will support the development and commercialisation of novel therapeutics and will spearhead educational programming and entrepreneurial initiatives for researchers at both universities. The collaborations will focus on creating opportunities for company creation and drug development in the areas of oncology, as well as autoimmune and inflammatory diseases. With these collaborations, Orange Grove Bio is establishing a foundation for serving as a bridge between the biotechnology industries in the US and Korea, which marks a significant milestone for the company in its efforts to strengthen the biotech entrepreneurial ecosystem in South Korea.
Orange Grove Bio, a US-based drug investment and development company, has partnered with Yonsei University Health System (YUHS) and Pohang University of Science and Technology (POSTECH) to strengthen the biotechnology entrepreneurial ecosystem in South Korea. These partnerships are Orange Grove Bio’s first international collaborations and represent a strategic geographic expansion to harness the research potential outside of the United States.
As part of the partnerships, Orange Grove Bio will support the translation of scientific discoveries made by researchers in the universities to advance the development and commercialisation of novel therapeutics. The collaborations will focus on creating opportunities for company creation and drug development in the areas of oncology, as well as autoimmune and inflammatory diseases. Orange Grove Bio will provide educational programming and entrepreneurial initiatives for faculty and students at YUHS and POSTECH, and implement graduate internship programmes at the universities to offer real-world experience in the biotech industry.
Orange Grove Bio’s academic collaborations are laying the foundation for bridging the biotechnology industries in the US and Korea, and this marks a significant milestone for the company in its efforts to strengthen the biotech entrepreneurial ecosystem in South Korea.
Don’t miss interesting posts on Famousbio
