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According to Yonhap News,
Osong Medical Innovation Foundation inked a cooperation agreement with the U.S. Kentucky University.
Under the agreement, both sides agreed to conduct joint-study on healthcare and medical treatment, exchange academic journals and professors and researchers and share ideas on public policy.
They will also embark on joint project for development of healthcare and medical industry in Osong Bio Valley.
Osong Medical Innovation Foundation was established in December, 2010 to
support research institutes and companies trying to make their research results
and medicine commercially available through joint investment by the Ministry
of Education, Science and Technology, Ministry of Knowledge Economy and north
Chungcheong local government.
Source: Yonhap News (July 10, 2011)
** This is the translation of a Korean article.