Insight - How South Korea turbocharged specialty syringe production


Cho Mi-heui, vice president of PoongLim Pharmatech Inc. showcases a sample of a low dead space (LDS) syringe after an interview with Reuters at a company office in Gunsan, South Korea, April 5, 2021. - Reuters

IT was 7:30am on Christmas Eve when Cha Jung-hoon, South Korea’s deputy minister for small businesses, got a call from his boss to make an urgent three-hour car trip to visit syringe maker Poonglim Pharmatech.

The brief: work out how the government could convince and aid Poonglim, which had only about 80 employees, to rapidly scale up production of their low dead space (LDS) syringes, a type of syringe designed to minimise the amount of a drug left in the device after injection. “It might help us get more vaccines, ” Cha recalls then-minister Park Young-sun telling him.

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Trading ideas: Gamuda, Bintulu, Binasat, LYC, Cahya Mata, MAHB, KLCC Property, Permaju, MYMBN, Hextar Retail, Cosmos, KPJ, Cypark
Foreign flows into India bonds expected to decline this year
Country’s economic momentum to continue into 2025
Gaming sector expected to see better performance in 1H25
Sweden’s Intrum wins Chapter 11 plan in US
Mubadala is world’s top wealth fund spender
Mazda poised for a record-breaking year
Mahindra logs 18% jump in December sales
Maybank positioned for growth
Cocoa ends 2024 with gains amid supply fears

Others Also Read