Sunmarine Biotech CEO Sihyang Park (left) and Biotion CEO U-Cheol Jung (right) at the MOU signing ceremony | Photo provided by Biotion
Biotion (CEO U-Cheol Jung), a marine bio-specialized company, has partnered with Sunmarine Biotech (CEO Sihyang Park) and Keunbit Bio (CEO Gwang-ju Ok), leading green bio enterprises in Jinju to develop functional marine bio raw materials and products using extracts, aiming for domestic and global market expansion.
Biotion, known for its innovative contributions to the marine bio-industry, started with early feed organisms and specializes in producing premium seeds using functional biological feeds. The company is recognized as the sole global entity capable of mass-cultivating "Omega-Moina," an alternative feed organism. It distributes it domestically and internationally as a deep-tech specialized firm.
Sunmarine Biotech, an expert in raw material development using marine organisms, contributes to building the industry’s infrastructure. The company is preparing to launch prototypes using low-molecular-weight DHA extracted from seahorses for use in cosmetics and food ingredients.
Keunbit Bio, located at the Jinju Bio-Industry Promotion Agency, is a leading green bio company that developed a cultivation technique for organic germanium-infused Allium Hookeri and possesses the technology to break down silk protein price-efficiently.
Keunbit Bio CEO Gwang-ju Ok (left) and Biotion CEO U-Cheol Jung (right) at the MOU signing ceremony | Photo provided by Biotion
A representative from Biotion stated, “Through collaboration with leading green bio companies Sunmarine Biotech and Keunbit Bio, we will actively cooperate in developing functional cosmetic and food raw materials and products and in utilizing marine bio extracts.”
Biotion, a nurtured company by the Gyeonggi Center for Creative Economy & Innovation (GCCEI), replaced the widely used "Artemia" with "Omega-Moina" as an initial feed for marine organisms, marking a technological leap in marine bio. The company received the Ministry of Oceans and Fisheries Award in 2023, recognizing its contributions.
Pangyo Techno Valley is a global integrated R&D hub focused on IT, BT, CT, and NT, integrating Research (R), People (P), Information (I), and Trade (T). As Gyeonggi-do’s representative innovation cluster, Pangyo Techno Valley was established to secure national new growth drivers such as technological innovation, human resource development, job creation, and enhancing international business competitiveness. As of 2023, 1,666 companies employ 78,751 people, and it has positioned itself as the most innovative hub in South Korea, with sales amounting to 167.7 trillion KRW (125.5 billion USD).
Furthermore, the Techno Valley Innovation Division of the Gyeonggi-do Business & Science Accelerator (GBSA) holds monthly events such as the Pangyo Evening Meet-Up, Pan-Pan Day, and the Pangyo Startup Investment Exchange “In-Best Pangyo” to maximize the value of Pangyo Techno Valley. They also support the Pangyo Overseas Promotion Program to publicize information about Pangyo’s companies, products, and services to domestic and foreign investors and the media, thereby facilitating foreign investment.
