Jeju Bio Business Association signed MOU with Daeryun Law Firm

Established in 2005, revitalizing Jeju’s bio industry and contributing to economic development
Providing legal advice on e-commerce to member companies and assistance with legal risks for overseas expansion

Daeryun Law Firm announced on the 8th that it signed an MOU with the Jeju Biotechnology Industry Association.

The agreement ceremony was held at the headquarters of the Jeju Bio Enterprise Association on the 3rd, with key officials in attendance, including Jeju Bio Enterprise Association Chairman Kim Seong-hoo, attorney Daeryun Ko Seung-seok, attorney Jeong Jin-seong, and counseling director Kim Gyeong-wook.

The Jeju Biotechnology Industry Association was established in 2005 and has been contributing to the revitalization of related industries and economic development by collecting problems and exchanging information among biotechnology companies in the province.

The ‘Jeju Product Direct Market’ operated by the Jeju Bio Enterprise Association sells Jeju special products such as agricultural and livestock products, processed foods, and cosmetics in cooperation with the association’s member companies. In addition, it participated in the New York Excellent Product Exhibition in 2017, and held a drive-through promotional event with Jeju Techno Park in 2020.

The two companies agreed to cooperate in various fields, including legal assistance in transactions between companies. Through this agreement, Daeryun plans to provide legal services in areas such as legal advice on e-commerce for member companies, prevention of legal risks when entering overseas markets, and corporate labor and tax advice.

Kim Seong-hoo, Chairman of the Jeju Biotechnology Industry Association, said, “The Jeju Biotechnology Industry Association has worked hard to revitalize the bio industry in the province for the past 20 years. With the motto of common value of regional coexistence, we will create synergy with Daeryun to develop routes such as our own mall and overseas customers.”

Kim Kook-il, CEO of Daeryun Management, said, “Daeryun has competitive lawyers working as a team within the corporate legal group and medical pharmaceutical group, and legal assistance related to overseas transactions is also available.” He added, “Through this MOU, we will spare no effort in providing legal assistance to help the Jeju Biotechnology Industry Association pioneer overseas routes and establish itself as a competitive product mall.”

Reporter Cheon Ju-young (young1997@mydaily.co.kr)

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Jeju Biotechnology Industry Association signs MOU with Daeryun Law Firm (Shortcut)