The State of Georgia-Korea Office participated in the 2017 Bio Korea International Convention which took place from April 12-14, in Seoul at the COEX convention center. Together, alongside seven other states, Georgia had the opportunity to exhibit at the SelectUSA booth hosted by the U.S. Embassy.
Approximately 650 companies from 45 countries attended the three-day event. The Korea Office identified nine prospective companies including major Korean pharmaceutical companies who are interested in setting up a base (in the form of R&D, Joint Venture, M&A, Sales office, etc.) in the U.S. It is great to see that Georgia is on the mind of companies worldwide!
The Embassy presented a seminar focused on regulatory issues and guidelines for the U.S. Market which attracted about 90 participants. The eight State offices were invited to meet with the participants during the coffee breaks. Ms Holly Vineyard, Deputy Assistant Secretary of the U.S. Department of Commerce International Trade Administration opened the seminar.
Yulchon (a Korean law firm) and Foley (U.S. law firm) made presentations focused on the regulations and provided legal case studies. It was very appreciated by the Korean participants.
Overall, we enjoyed our time in Seoul at the 2017 Bio Korea International Convention. It was an incredible networking opportunity, and we look forward to the future partnerships that will result from this event.
Submitted by: Ji-Yeon Kim, Director – Korea Office, Georgia Department of Economic Development