US-based drug investment and development firm, Orange Grove Bio, has partnered with Yonsei University Health System and Pohang University of Science and Technology to strengthen South Korea’s biotechnology entrepreneurial ecosystem. Orange Grove Bio will collaborate with both universities to identify and support opportunities for company creation and drug development in the areas of oncology, autoimmune, and inflammatory diseases. The firm will also spearhead educational programming and entrepreneurial initiatives for researchers, including faculty and students, at both universities. This represents the firm’s first international collaboration and a strategic geographic expansion of its efforts to harness significant research potential outside the US. With these academic collaborations, Orange Grove Bio aims to bridge the biotechnology industries in the US and Korea.
Orange Grove Bio, a US-based drug investment and development firm, has established strategic partnerships with Yonsei University Health System (YUHS) and Pohang University of Science and Technology (POSTECH) to strengthen South Korea’s biotechnology entrepreneurial ecosystem. These partnerships are the firm’s first international collaborations, signaling a geographic expansion of the company’s efforts to harness significant research potential outside the US. Orange Grove Bio will collaborate with YUHS and POSTECH to promote the development and commercialization of novel therapeutics by translating scientific discoveries made by researchers in the respective universities. The firm will work to identify opportunities for company creation and drug development in the areas of oncology, autoimmune, and inflammatory diseases, spearhead educational programming, and entrepreneurial initiatives for researchers, including faculty and students at both YUHS and POSTECH. Additionally, Orange Grove Bio will implement graduate internship programs at the universities, offering guidance and real-world experience in the biotech industry by working directly with the firm and its portfolio companies. Overall, these academic collaborations are a crucial step for Orange Grove Bio as they lay the foundation for serving as a bridge between the biotechnology industries in the US and Korea.
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