Forbes1 hour agoInnovationRx: Legislation Could Prevent Pharma Companies From Working With Chinese ContractorsForbes - Alex KnappInnovationRx is your weekly digest of healthcare news. To get it in your inbox, subscribe here. According to the American Society of Health System Pharmacists, 323 drugs are currently experiencing shortages in the United States, the highest number the organization has seen since it began recording …
Forbes5 hours agoChemicals Tycoon Debuts On Korea’s Wealth Ranking As Semiconductor Demand SurgesForbes - John KangThis story is part of Forbes’ coverage of Korea’s Richest 2024. See the full list here. The artificial intelligence boom lifted a range of companies across the semiconductor supply chain, from chip designers such as Nvidia to contract manufacturers like TSMC. It even boosted shares of obscure …
Forbes5 hours agoJailed Billionaire Lee Dong-Chae’s EcoPro, Maker Of EV Battery Materials, Charges AheadForbes - Zinnia LeeThis story is part of Forbes’ coverage of Korea’s Richest 2024. See the full list here. Last May, Lee Dong-chae, the billionaire founder and former chairman of chemicals group EcoPro, was sentenced to a two-year prison term and fined 2.2 billion won ($1.7 million) for insider trading. But that didn’t …
Forbes5 hours agoCEO Of Chip Equipment Maker Joins Ranks Of Korea’s 50 Richest On AI BoomForbes - Zinnia LeeThis story is part of Forbes’ coverage of Korea’s Richest 2024. See the full list here. The rosy outlook for powerful AI chips catapulted newcomer Kwak Dong Shin, CEO of Hanmi Semiconductor, into the billionaire ranks. Shares shot up 600% in the past year, securing Kwak a debut spot among Korea’s …
Forbes5 hours agoHyundai Motor’s Billionaire Chairman Bets $18 Billion On An Electric FutureForbes - Catherine WangThis story is part of Forbes’ coverage of Korea’s Richest 2024. See the full list here. Euisun Chung, executive chairman and CEO of Hyundai Motor, is driving full tilt into the electric-vehicle market. In November, the company broke ground on an EV-dedicated plant at its manufacturing hub in the …
Forbes5 hours agoBillionaire Founder Of Korean Biotech Giant Celltrion Comes Out Of Retirement To Fulfill Global AmbitionsForbes - Catherine WangThis story is part of Forbes’ coverage of Korea’s Richest 2024. See the full list here. It’s been just over a year since Seo Jung-jin, cofounder of drugmaker Celltrion, came out of his two-year retirement to oversee the company’s long-delayed restructuring involving the merger of its listed units. In …