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Bio Lab signed an agreement to build a factory producing plasma protein

According to Yonhap News,

(IKSAN=Yonhap News) Iksan city signed an agreement with Bio Lab on investment and land purchase in the 4th general industrial complex at the city hall on April 8.

Bio Lab is to invest KRW 5 billion on the area of 9,245 square meters and hire 40 workers.

It plans to produce feed additives and plasma protein containing amino acid, protein, iron, and mineral.

Bio Lab has secured the localization technology in plasma protein -- reducing the piglet mortality rate-- which used to be fully dependent on imports.

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Source Text

** This article was translated from Korean.

Source: Yonhap News (April 8, 2019)