HLB Life Science R&D, the research and development subsidiary of HLB, a prominent Korean life sciences conglomerate, has been selected for its fifth government-backed research project this year, according to the firm. Under the project, HLB Life Science R&D is joining a consortium developing next-generation drug candidates from minor cannabinoids as part of Korea’s Gyeongbuk Industrial Hemp Regulatory Free Zone, a special economic zone where companies can legally grow and process hemp for medical and industrial use under relaxed drug-control rules. The 29.6 billion won ($17 million) four-year project, backed by the Ministry of SMEs and Startups and the Office for Government Policy Coordination, will involve HLB Life Science R&D, NeoKenBio, Apack, NBTHEPHARM, TopoLab and INGR, along with the Korea Institute of Science and Technology and the Gyeongbuk Institute for Bio industry, to build a full research pipeline from hemp cultivation to raw material production, preclinical studies and commercialization. The project expands existing industrial hemp research, which has focused mainly on can
HLB Life Science secures 5th state grant to develop medical hemp therapies
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- HLB Life Science secures 5th state grant to develop medical hemp therapies
HLB Life Science R&D, the research and development subsidiary of HLB, a prominent Korean life sciences conglomerate, has been selected for its fifth government-backed research project this year, according to the firm. Under the project, HLB Life Science R&D is joining a consortium developing next-generation drug candidates from minor cannabinoids as part of Korea’s Gyeongbuk Industrial Hemp Regulatory Free Zone,… Read more: HLB Life Science secures 5th state grant to develop medical hemp therapies - No longer cheap: Koreans’ favorite summer health food, samgyetang, nears $13 a bowlThe price of samgyetang (traditional Korean ginseng chicken soup), Korea’s signature summer health food, has continued to rise and is now approaching 20,000 won (about $13) per bowl in Seoul, making it one of the most expensive dining-out menus after grilled pork belly. According to the Korea Consumer Agency’s price information portal Cham Price on Saturday, the average price of… Read more: No longer cheap: Koreans’ favorite summer health food, samgyetang, nears $13 a bowl
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- Nanomedicine pioneer Cheon Jin-woo named Korea’s top scientist of 2026Cheon Jin-woo, a professor at Yonsei University widely regarded as Korea’s pioneer in nanomedicine, has been named the winner of the 2026 Top Scientist and Technologist Award of Korea, the nation’s highest honor for scientists and engineers. The Ministry of Science and ICT and the Korean Federation of Science and Technology Societies announced Monday that Cheon, a distinguished professor and… Read more: Nanomedicine pioneer Cheon Jin-woo named Korea’s top scientist of 2026
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Latest Entertainment from Korea
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Learn People & History of Korea
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