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SDB Investment Chairman Young-Sik Cho donated KRW 25 billion for the development of the bio-industry

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.