Turkish delegation seeks business partnership opportunities at biotech conference in Seoul

By Park Sae-jin Posted : July 10, 2024, 19:12 Updated : July 10, 2024, 19:12
Yonhap Photo
Yonhap Photo

SEOUL, July 10 (AJU PRESS) - A Turkish delegation, including Vice Minister of Türkiye's Ministry of Industry and Technology Çetin Ali Dönmez, attended Bioplus Interphex Korea 2024, a three-day biotechnology conference and exhibition that was kicked off in southern Seoul on Wednesday.

The delegation, comprised of the vice minister and representatives from four biotechnology firms, aimed to explore business opportunities, foster collaborations with Korean counterparts, and promote the Biotechnology Valley. This bioscience development and production infrastructure is located near Istanbul, a city that bridges Europe and Asia.

During the opening event, Vice Minister Dönmez expressed his hopes for stronger ties with Korea in the biotechnology sector.

"We would like to strengthen our relations with The Republic of Korea in the field of biotechnology and to establish concrete collaborations between our companies," he said. "We hope that this exhibition will be an important opportunity in this respect."

Caglar Kaharaman, a regional operations manager at Bio SB, a Turkish biotechnology firm specializing in the production and distribution of antibodies and detection systems for immunohistochemistry, highlighted the potential of Istanbul's Biotechnology Valley as a production hub for foreign companies.

"There is no other infrastructure that has better geographical advantages than our Biotechnology Valley," Kaharaman told Aju Press. He explained that setting up a base at the technology complex, which can host more than 400 manufacturers, allows firms to target markets in Europe, Asia, the Middle East, and beyond.

"We hope to collaborate with more Korean partners to create synergy, especially in the fields of healthcare and cosmetics. I strongly believe that the Biotechnology Valley will provide great business opportunities for Korean companies looking to expand into new markets," Kaharaman added.
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