AusBiotech Ltd. to Sign MOU With KoreaBIO to Support Biotechnology Collaboration Between Australia and Korea
10/29/2013 8:36:26 AM
29 October 2013 -- The AusBiotech 2013 national conference will culminate on Friday (1 November) in the signing of a
memorandum of understanding (MOU) between AusBiotech and the Korea Biotechnology Industry
The MOU is to recognise the key role that biotechnology plays in economic and social development, and the
benefits of a strategic partnership between Australia and Korea. AusBiotech and KoreaBIO are the industry
associations representing the biotechnology industries of Australia and Korea respectively.
To be signed by Dr Eun-Hee Bae, President of the Korea Biotechnology Industry Organization, and Dr Anna
Lavelle, AusBiotech’s CEO, the MOU is to promote collaboration and cooperation in the area of
The objectives of the MOU are for both parties to: promote cooperation in biotechnology in areas of mutual
interest, especially those relevant to economic and social development; promote the exchange of views in
supporting the formulation and application of biotechnology policy by Government; and facilitate interaction
between officials, scientists and technologists of Korea and Australia.
The MOU encourages and supports increased interaction between Korea and Australian biotechnology
companies through access to visitor office facilities in Seoul and Melbourne to support members of KoreaBIO
and AusBiotech when in Korea and Australia.
AusBiotech and KoreaBIO will seek to identify projects that can attract funding to support biotechnology
collaboration between Korea and Australia.
A representative from the Strategic Planning Department of KoreaBIO, Ms You-me Choi, and members of
AusBiotech Board, including Chairman, Dr Deborah Rathjen, will be present at the MOU signing ceremony,
which will be held during the AusBiotech 2013 national conference in Brisbane.
The ceremony will take place at 1.00pm in the Arbour Boardroom of the Brisbane Convention and Exhibition
Centre, on Friday 1 November 2013.
To attend or for further media information and interviews, please contact: Lorraine Chiroiu, AusBiotech’s
Communications Manager, E: email@example.com M: +61 (0) 429 801 118
For further information regarding the signing ceremony, please contact: Hayley Laing, AusBiotech,
Investment Program Manager at firstname.lastname@example.org
About AusBiotech and AusBiotech Investment
AusBiotech is Australia's biotechnology industry organisation working on behalf of over 3,000 members in the
areas of human health, medical devices, food technology, agriculture, environmental and industrial
biotechnology, for more than 25 years.
AusBiotech is dedicated to the development, growth and prosperity of the Australian biotechnology industry,
by providing initiatives to drive sustainability and growth, outreach and access to markets, and representation
and support for members nationally and around the world.
AusBiotech Investment offers a comprehensive series of national and international investor events as a global
platform for Australian life sciences companies to showcase their company’s offering for partnership and
The Korea Biotechnology Industry Organization was launched in November 2008, bringing together the
Bioindustry Association of Korea (BAK), Korea Bio Venture Association and the Korea Biotechnology Research
Association that each represented different segments of the biotechnology industry.
KoreaBIO seeks to strengthen cooperation among the government, bio-businesses and pharmaceutical
companies to create new models for future growth. It also aims to facilitate communication between the
government and business and to connect overseas industries, organisations and investors with Korea.
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