SDB Investment is donating KRW 25 billion(₩) to Seoul National University.
Seoul National University held a signing ceremony for Bionote, Inc., in the presence of key figures from the school including President Se-Jeong Oh, Vice President of Planning Won-Woo Lee, Dean of Veterinary Medicine Ho-Jae Han, and many others. A plaque of appreciation has also been delivered to SD Biosensor/Bionote Chairman Cho Young-Sik.
After
graduating from Seoul National University's College of Veterinary Medicine in
1984, Cho joined Green Cross, a pharmaceutical company. There, he was in charge
of developing diagnostic reagent and product production for 13 years, and also
served as a manager for domestic and overseas marketing division. During his
career, he graduated from Seoul National University College of Veterinary
Medicine with Master's and Doctorate degrees in veterinary biochemistry to
further improve his professional capabilities.
As
the current chairman of SD Biosensor, Inc., and the CEO of SDB Investment, Cho
has successfully founded SD Biosensor and Bionote to be a global diagnostic
company for the human and veterinary field each.
"For the past 2 years, humanity has suffered the unforeseen pandemic. Such illness can easily be eradicated with the cutting-edge technology utilizing A.I. (Artificial Intelligence)," said Cho. "Korea needs to actively support on the A.I. program to help flourish the bio industry."
"I
hope the contribution made today can be the stepping stone for the Korea's
biotechnology industry." said Cho.
Among
the ₩25 billion donation, ₩20 billion will be dedicated to ‘Data Center
Research Fund’ to build a GPU-based data center and support convergence
research. Remaining ₩5 billion will be dedicated to the ‘Education and Research
Environment Improvement Project Fund of the College of Veterinary Medicine’.
Seoul
National University has claimed that the donation will be cherished to support excellent
researchers to induce innovation and growth.