|(Lim Jeong-yeo/The Korea Herald)|
Seo and Kim, the heads of Korea’s leading biopharmaceuticals firms, said that despite the aura of competition that is often portrayed, they are actually close friends. Their relationship dates back to the early days when both of them were working at Samsung Electronics when they started out as salaried workers.
Seo reportedly still refers to Kim as “sunbae,” meaning a senior colleague, while Kim returns the etiquette in calling Seo “chairman,” noting Seo’s position as the owner of a business group.
Celltrion and Samsung Biologics are key players in the Korean biopharma industry.
With Samsung Biologics’ record-breaking 364,000-liter production capacity at its three plants, combined with Celltrion’s 190,000-liter capacity, the Korean biocluster of Songdo, Incheon, is the world’s biggest biologics manufacturing site in a single city.
By Lim Jeong-yeo (email@example.com)