SINGAPORE, May 18 (Bernama-BUSINESS WIRE) — Prestige BioPharma Limited (PBP) and Busan City Government today announced that the two organisations have entered into a memorandum of understanding (MOU) for the establishment of Research and Development (R&D) centre in Busan, South Korea. The signing of this MOU is meaningful for Busan City to have its first local bio-pharmaceutical R&D centre.
The signing ceremony was held at Busan City hall in Busan, South Korea. Those attending included Mayor of Busan City Hyeong-joon Park, Vice President of Korea Land & Housing Corporation Choong-mo Jang, Group Chairman and CEO of PBP Group Lisa Soyeon Park, Group Vice Chairman and COO of PBP Group Michael Jinwoo Kim, Director of Alliance Management Chris Davie and CEO of PBP Korea Lai Wat Tay.