Exostemtech, an exosome-focused biotech venture (CEO YongWoo Cho), announced on the 18th that it is entering the Saudi Arabian market in the fields of stem cell and exosome-based businesses through a partnership with Medikan (CEO HeeYoung Lee), a company specializing in stem cells and medical devices. The two companies signed an MOU in January last year for the development of systems for stem cell isolation, culture, and exosome production, and have since conducted joint R&D in the stem cell...

“Exostemtech Pursues Expansion into Saudi Arabia… Medikan Participating in Saudi-Korea Industrial Complex Project Exostemtech (CEO YongWoo Cho) announced on the 18th that it has signed a joint research and development (R&D) agreement with Medikan (CEO HeeYoung Lee) in the fields of stem cells and exosomes, and is now pursuing entry into Saudi Arabia. A representative from Exostemtech stated, “The two companies signed an MOU in January last year for the development of a system for stem cell...

Exosome-specialized biotech venture Exostemtech (CEO YongWoo Cho) announced on November 1 that it has been selected as the lead organization for the “Advanced Manufacturing Technology for Global Expansion of Convergent Bio-Medical Products” project, supervised by the Korea Institute for Advancement of Technology (KIAT). The project will run until December 2028 with a total budget of 5.4 billion KRW. A prototype of a needle-free injection device capable of administering exosome injections is...