Alteogen Receives $25 Million Milestone Payment from MSD for Keytruda Sales
Alteogen announced on August 31 that it will receive a $25 million milestone payment from MSD, its partner on the Hybrozyme platform, based on sales of the subcutaneous (SC) formulation of Keytruda. This payment marks a significant step as it indicates the company has entered the revenue generation phase based on actual global market sales following its technology transfer. This milestone is the first achievement among a total of $1 billion in sales milestones outlined in the licensing agreement
Toys Popular Among Children Found to Contain Hazardous Substances Up to 176 Times Higher Than Safety Standards
Products such as 'Wakpu Ball' and 'Malang-i', popular among children and on platforms like YouTube, have been found to contain hazardous substances at levels up to 176 times higher than safety standards for children's products.On August 31, the Seoul Metropolitan Government reported that safety inspections of 20 items, including 13 tactile products labeled for ages 14 and older, three party items like balloons, two keychains, one sticker, and one acrylic marker, revealed that seven of these prod
Young Creators Explore Art and Technology in Canada
Young creators explored new possibilities in art and technology in Montreal, Canada.The Korea Arts Council (ARKO) announced on August 31 that it successfully concluded the 'Global Connect' program, a follow-up support initiative to the 'AIF Camp,' which took place in Montreal from August 23 to 30.'Global Connect' is designed to enhance the international creative capabilities of ARKO AIF Camp participants by allowing them to experience local environments and interact with local creators.This year
Yanggu Belly Button Festival Surpasses 80,000 Visitors for the First Time
The 2026 National Central Youth Yanggu Belly Button Festival in Gangwon Province has surpassed 80,000 visitors for the first time in its history.According to Yanggu County, over 83,400 people attended the festival held from August 28 to 30 at Seocheon Sports Park in Yanggu-eup. This marks a 17% increase from last year's attendance of approximately 71,300, setting a new record.This year's festival featured a combination of large performances and family-oriented experiences and interactive program
Investors Flock to Jeju for English Education and High-Tech Industry
한때 국제학교 유치에 공을 들여야 했던 제주영어교육도시에 이제 투자자들의 학교 설립 제안이 이어지고 있다. 제주첨단과학기술단지도 입주 수요가 기존 단지의 수용 여력을 넘어서면서 제2단지 조성에 나섰다. 인구와 청년층 감소에 직면한 제주에서 교육과 첨단산업이 사람과 기업을 끌어들이는 새로운 성장축으로 부상하고 있다. 천구 JDC 교육문화처장은 27일 제주 서귀포시 대정읍 영어교육도시에서 열린 기자간담회에서 “첫 국제학교인 노스런던컬리지에잇스쿨 제주(NLCS Jeju)를 유치할 때는 애원하다시피 했다”며
South Korea's Science Ministry Revamps National R&D Administration to Enhance Research Autonomy
The Ministry of Science and ICT announced on August 31 that it has established a plan for improving the national research and development administrative system for 2026, which has been communicated to relevant ministries including the Ministry of Trade, Industry and Energy, the Ministry of SMEs and Startups, and the Ministry of Climate, Energy and Environment. The core of the plan is to abolish the results-oriented project evaluation method and promote more challenging research. This improvement
Ruling Party Launches Special Committee for Major Projects to Boost Regional Growth
The Democratic Party of Korea has launched a special committee aimed at realizing three major projects, a key national agenda of the Lee Jae-myung administration, to ensure growth across all regions.Chaired by Kim Min-seok, the committee held its first meeting on the morning of August 31 at the National Assembly, reaffirming its commitment to the success of the projects focused on local-led growth.In his opening remarks, Kim defined the committee as the most important body within the party, stat
Heavy Rainfall Causes Damage in Yeonggwang's Nakwoldo
Heavy rainfall exceeding 345 millimeters has caused significant damage in Nakwoldo, Yeonggwang, Jeonnam.According to Yonhap News and the Jeonnam Gwangju Integrated Fire Department, from 9 p.m. the previous day to 9 a.m. today, Nakwoldo recorded 345.5 mm of rain, while Imjado in Sinan received 127.5 mm, Suncheon 31.3 mm, and Boseong 18 mm.Currently, heavy rain warnings are in effect for Yeonggwang and Sinan, while other cities and counties have seen a decrease in rainfall, leading to the lifting
Exploring the Wangdolcho Marine Science Station: A Laboratory at Sea
"The Wangdolcho Marine Science Station is harder to reach than Dokdo. Fewer than 10,000 people have likely visited this site in our country."On August 28, a boat ride from Hupo Port in Uljin, North Gyeongsang Province, took about an hour and a half to reach a massive steel structure that stood like a lighthouse. This was the Wangdolcho Marine Science Station, the first of its kind in the East Sea.The Korea Institute of Ocean Science and Technology (KIOST) has invested 24.3 billion won over five
Doosan Intensifies Search for Missing Employees in Nepal Floods with Helicopters and Drones
Doosan Group and Doosan Enerbility are making concerted efforts to locate six employees who went missing due to severe flooding in Nepal, planning to deploy private helicopters and drones for the search.According to industry sources, Doosan Enerbility submitted a request to Nepalese authorities on August 31 for the operation of two privately chartered helicopters. With ground access to the accident site nearly impossible, the company aims to expand the search area using helicopters.Since August