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Industries to attract

Home > Development Plan > Osong Biopolis > Industries to attract

Overview of project conditions

  • The top six government-controlled agencies and the High-Tech Medical Complex make Osong Biovalley attractive to leading businesses and industries such as bioscience and high-tech industries.
  • Optimal place for logistics and transportation based on railroads, roads, and especially Cheongju International Airport
Classification Centers of activity Affected regions Key players Primary areas of technology
Biotechnology cluster Osong and Ochang Cheongju, Jincheon and Eumseong The Biomedical Engineering Institute, the Korea Basic Science Institute and top six government-funded healthcare and medical agencies such as the KFDA New biotechnology drugs Medical device industry
Conventional pharmaceutical clusterr Jecheon Jecheon, Osong, Jincheon and Eumseong The Conventional Pharmaceutical Industry Center New herbal medicine Ecotherapy

Key leading projects

  • Osong Biovalley strives to lead the biotechnology industry by attracting related business activities, such as the manufacture of medicinal active substances and biological preparations, and the manufacture of medicaments.
Priority Business activity category Business activity subcategory Reason for selection
1 211Manufacture of medicinal active substances and biological preparations (21101)Manufacture of medicinal compounds and antibiotics
  • The proximity to the Seoul metropolitan area is preferred by hospitals, pharmaceutical manufacturers and medical device manufacturers, facilitating the inflow of top talent.
(21102) Manufacture of biological preparations
  • Top four strategy industries of Chungbuk (biotechnology)
  • Accommodates a specialty of the industrial park (new biotechnology drugs).
  • Accommodates the demand for lots by related industries resulting from the top six government-controlled agency occupants in Osong.
212 Manufacture of medicaments (21210) Manufacture of finished medicaments
  • Sixty-three biomedical businesses (LG Life Sciences Inc., CJ Healthcare. etc.) will move into the Osong District.
2 213 Manufacture of pharmaceutical goods other than medicaments (21300) Manufacture of pharmaceutical goods other than medicaments
  • A specialty of the Osong High-Tech Medical Complex
  • The demand for medical devices is expected to rise, spearheaded by u-health, remote healthcare, etc.
271 Manufacture of medical appliances and instruments (278199) Manufacture of other medical and surgical equipment and orthopedic appliances

Selection of business activities to attract

  • The business activities to attract have been selected among the business activity divisions as set forth in the Korean Standard Industrial Classification (KSIC), Rev. 9 (National Statistical Office Notice No. 2007-53).
Business activities Division code Similar business activities as set forth in the KSIC
(division)
Remarks
Biotechnology 10 Manufacture of food products
11 Manufacture of beverages
20 Manufacture of chemicals and chemical products
21 Manufacture of pharmaceuticals, medicinal chemicals and botanical products
27 Manufacture of medical, precision and optical instruments, watches and clocks
70 Research and development
IT 26 Manufacture of electronic components, computer, radio, television and communications equipment and apparatuses
28 Manufacture of electrical equipment
29 Manufacture of other machinery and equipment
58 Publishing activities
62 Computer programming, consultancy and related activities
70 Research and development
Related high-tech activities 23 Manufacture of other non-metallic mineral products
24 Manufacture of basic metal products
25 Manufacture of fabricated metal products
29 Manufacture of other machinery and equipment
30 Manufacture of motor vehicles, trailers and semitrailers
31 Manufacture of other transport equipment
70 Research and development
Research facilities 70 Research and development
71 Professional services
72 Architectural, engineering and other scientific and technical services
73 Other professional, scientific and technical activities n.e.c.

Osong Biomedical District

  • Organizations established to conduct medical research and development
  • Organizations establishing and operating sections responsible for medical research and development services
    • Healthcare providers, colleges, universities and research establishments (including research divisions of organizations related to pharmaceuticals, medical devices and healthcare technology industries)
    • Any business activities producing pharmaceuticals or medical devices used in clinical trials