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Chonnam National University Hospital Inked MOU with JW Holdings on Joint R&D
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According to Yonhap News,

Gwangju National University Hospital inked a memorandum of understanding (MOU) today on joint research and development of new medicine and medical equipment with JW Holdings Corporation, a Korea-based holding company mainly engaged in subsidiary management and pharmaceutical distribution businesses.

About 30 people including director of Chonnam National University Hospital Song Eun-gyu and vice president of JW Holdings Lee Gyeong-ha attended the signing ceremony.

Under the MOU, both sides agreed to conduct various joint-projects to develop worldwide medicine and medical equipment.

"The MOU is expected to accelerate our efforts to develop global medicine, which will contribute a lot to the advancement of the domestic medical industry," said director Song.

Source Text

Source: Yonhap News (July 16, 2012)

 ** This is the translation of a Korean article.