Lotte Biologics Co. will raise 277.2 billion won ($210 million) via a rights offering, with all proceeds dedicated to constructing its first plant at the Incheon Songdo Bio Campus.
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https://en.infomaxai.com/news/articleView.html?idxno=94893
Lotte Biologics to Raise 277.2 Billion Won in Rights Offering—Entire Proceeds Allocated to Songdo Plant 1 Construction

Lotte Biologics Co. will raise 277.2 billion won ($210 million) via a rights offering, with all proceeds dedicated to constructing its first plant at the Incheon Songdo Bio Campus.

Yonhap Infomax
Lotte Biologics marked a major milestone with the topping-out of its first Songdo plant, positioning itself as a new growth engine for the Lotte Group and targeting global CDMO leadership through expanded production and dual-site operations.
#YonhapInfomax #LotteBiologics #SongdoBioCampus #CDMO #AntibodyDrug #GrowthEngine #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=80979
Lotte Bio Touted as New Growth Engine Within Group, Says Shin Yu-yeol

Lotte Biologics marked a major milestone with the topping-out of its first Songdo plant, positioning itself as a new growth engine for the Lotte Group and targeting global CDMO leadership through expanded production and dual-site operations.

Yonhap Infomax