Organoid Science (CEO Jongman Yoo), a company specializing in organoids, announced on the 14th that on the 9th, it obtained AA grade from ‘Innobiz’, a technology innovation certification system hosted by the Ministry of SMEs and Startups.
Innobiz is a compound word of innovation and enterprise and refers to a technologically innovative small and medium-sized enterprise that has secured competitiveness based on technological superiority. Any company that has been established for more than three years in eight industries, including bio, software, and manufacturing, can apply. Certified companies will receive certification not only to increase public confidence in their technology and capabilities, but also to provide policy support related to research and development (R&D), recruitment, etc. Receive financial and tax benefits.
The Innobiz certification system involves evaluating the technology innovation system in four areas: technology innovation ability, technology commercialization ability, technology innovation management ability, and technology innovation performance. Organoid Science received excellent evaluations in all fields and received the final AA grade. . AA grade is given when the technology is within the top 5% in the related field, so organoids are an innovative technology that requires high technical skills in the bio field.
Jinman Hong, CFO (Financial Director) of Organoid Science, who promoted the Innobiz certification, said, “Obtaining this certification is an example of both the innovation and excellent technology of Organoid being officially recognized at the same time,” adding, “Now that we can receive government benefits, we are even more excited.” “If we become more stable and competitive, I think it will have a positive impact on the IPO that is currently being prepared,” he said.
Meanwhile, Organoid Science is increasing its competitiveness through comprehensive R&D expansion and continuous product development, further solidifying its position as a leading organoid technology company through open innovation with various companies and additional business expansion.
Source: Pangyo Techno Valley Official Newsroom
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