LOTTE BIOLOGICS to Kick off their CDMO Business Campaign at 

‘BIO International Convention 2023’

• Exclusive booth and private meeting rooms to be utilized for robust business initiatives

SEOUL, South Korea, June 5, 2023 – LOTTE BIOLOGICS, under the leadership of CEO Richard Lee, enthusiastically disclosed its participation in the upcoming 'BIO International Convention 2023' to be held from June 5th to June 8th, 2023, at the illustrious Boston Convention & Exhibition Center, USA.

Hosted annually by the Biotechnology Innovation Organization, 'BIO International Convention 2023' is a premier conference in the global biotechnology industry, acting as an arena for distinguished biotech enterprises to highlight innovative technologies and form strategic partnerships, fostering a vibrant ecosystem of technological exchanges. This year's convention, under the theme 'Stand Up for Science', will address not merely the fundamentals of biotechnology but also offer a comprehensive exploration of the dynamic business landscape, policy trajectories, and the pressing human resource considerations prevalent in the industry.

Continuing from last year, LOTTE BIOLOGICS is set to host an independent booth, underscored by a bold commitment to spotlight its differentiated competencies. These include the cutting-edge manufacturing technologies of its Syracuse site, robust process development services, stringent quality systems, and ambitious plans to inaugurate a state-of-the-art Mega Plant in South Korea. LOTTE BIOLOGICS has prepared designated meeting spaces within its booth, including a private meeting room, primed for an array of prearranged partnership dialogues. These discussions, with over 30 leading global pharmaceutical entities, along with emerging biotech firms, aim to facilitate the formation of strategic collaborations in the contract manufacturing of biopharmaceuticals.

Kyung E. Kim, Head of LOTTE BIOLOGICS' Business Development Division, stated, "At this year's BIO International Convention, we look forward to meaningful discussions about LOTTE BIOLOGICS’ intermediate and long-term business capacities with a diverse array of global pharmaceutical stakeholders. Through a network of synergistic alliances, we aim to fortify LOTTE BIOLOGICS' position at the forefront of competitive market leadership."