Ramen, ready-to-eat meals lead 10% rise in 2024 K-food exports
South Korea’s food exports climbed 10% on-year to $7.26 billion in 2024, led by ramen, ready-to-eat meals and seasoned seaweed, according to g...
Cosmax NBT targets Halal health supplement market
Cosmax NBT, Inc., a health supplement original development manufacturing (ODM) affiliate of South Korea's Cosmax Group, announced on Friday that it ...
Vivid Health gets seed round from Kakao Ventures
Vivid Health, a South Korean startup that operates an obesity treatment management platform announced on Wednesday that it got a seed round investme...
Samsung Welstory to develop corporate healthcare menu
South Korean food and beverage (F&B) company Samsung Welstory has teamed up with Kangbuk Samsung Hospital to develop business-to-business (B2B) ...
Hugel resubmits application to FDA for botulinum toxin product
South Korea's biopharmaceutical company Hugel Inc., announced on Friday that it has resubmitted applications to the US Food and Drug Administration ...
Discovery in S.Korea promises dieting without limits on eating
A drug candidate in South Korea could allow people seeking to lose weight to eat to their heart's content.The Center for Cognition and Sociality of ...
Samsung launches AI-based diet suggestion platform
Samsung Electronics Co. has launched Samsung Food, an integrated food platform that offers a personalized eating experience and connects to the comp...
Hyundai Department Store, Nestlé forge dietary supplement alliance
Hyundai Department Store Group has chosen multinational food giant Nestlé S.A. as a partner in its long-term drive to expand its bio and heal...
Kombucha tea brands lure investors as diet drink market grows
South Korea’s medium-sized electronics components maker Phoenix Rising PTE Ltd. has agreed to invest 3 billion won ($2.3 million) in domestic ...
CMG Pharma acquires animal nutrition company ING Medix
CMG Pharmaceutical, a subsidiary of South Korea's CHA Biotech, said on Monday that it is moving into the pet nutrition supplement market by acquirin...
Cash-rich Nongshim pursues first-ever sizeable acquisition
Nongshim Co., South Korea’s No. 1 instant noodle brand, is looking to buy a domestic food supplement maker for up to $50 million, which would ...
Pharma companies jump into $3 bn pet care market
South Korean pharmaceutical companies are jumping into the animal medicine and diagnostics market to target the rapidly growing pet care market, whi...
Morgan Stanley PE closes first Korean buyout in 8 yrs
Morgan Stanley Private Equity has acquired a South Korean dietary supplements maker Life & Bio Co., in its first Korean buyout deal in eight yea...
Diet boom drives Foodnamoo to 52-week high
South Korea-based Foodnamoo Inc., the operator of diet product platform Rankingdak.com, has hit a new 52-week high as its share price closed at the ...
Goldman Sachs zeros in on midmarket, ESG infrastructure deals
Goldman Sachs Asset Management focuses on middle-market, value-add strategy for infrastructure deals, targeting the sectors undergoing a digital tra...
TPG buys Korean health supplement company for about $250 mn
Private equity firm TPG has acquired a small-sized South Korean dietary supplement manufacturer for around $250 million, in its first Korean buyout de...
