RedCarpetLife
#0 World Rank
Seo Jung-jin

Seo Jung-jin

0% | $ 0M
S. Jung-jin
Rank
#0
Net Worth
$00.0B
Gender
Male
Age
67Y
Country
South Korea
Born On
October, 1957
Deceased
No
Relationship Status
Married
Children
2
Education

Konkuk University – Industrial Engineering

Designation Info :

Self-Made
Yes
Type
Self-Made (Pharmaceuticals)
Organization Name
Celltrion Group
Title
Founder & Honorary Chairman
Source

Celltrion

Industry
Healthcare, Pharmaceuticals, Biotechnology

About S. Jung-jin


S eo Jung-jin is a pioneering South Korean pharmaceutical entrepreneur and the founder of Celltrion, a biopharmaceutical company that has become a global leader in the development of biosimilars. Unlike many of South Korea's billionaires who inherited wealth from family-run 'chaebols,' Seo is a self-made man. He began his career at Daewoo Motors, but after the company collapsed during the Asian financial crisis, he found himself unemployed. With a small group of colleagues, he decided to venture into the nascent field of biotechnology.

In 2002, he founded Celltrion, initially as a contract manufacturing organization for biologic drugs. Seo's vision, however, was to develop biosimilars—near-identical copies of complex biologic drugs that have come off patent. This was a high-risk, high-reward strategy that required immense investment in R&D and navigating complex regulatory approvals. His bet paid off spectacularly when Celltrion's Remsima, a biosimilar of Johnson & Johnson's Remicade, became the world's first monoclonal antibody biosimilar to be approved by the European Medicines Agency. This success catapulted Celltrion to the forefront of the global biosimilar market and made Seo one of South Korea's richest individuals.

Quick Reads


  • Self-made founder of the South Korean biopharmaceutical company Celltrion.
  • Pioneered the development of biosimilars, which are copies of biologic drugs.
  • His company's Remsima was the world's first monoclonal antibody biosimilar to gain major regulatory approval.
  • Started his career at Daewoo Motors and was laid off during the Asian financial crisis.
  • Celltrion has become a global leader in the biosimilar industry.

More Profiles


Advertisement

You May Like