The cooperation agreement signed between Thai Minh Pharmaceutical and Seoul National University is valid for 5 years and includes cooperation activities on technology and expertise in researching Vietnamese medicinal herbs; establishing joint research and development activities and participating in various programs, including implementing research projects related to Vietnamese medicinal herbs; supporting the exchange of outstanding researchers in the pharmaceutical industry.
Representatives of Thai Minh Pharmaceutical and Seoul National University signed a memorandum of understanding on research and development of Vietnamese medicinal herbs.
In particular, to promote this research cooperation, Thai Minh Pharmaceutical will grant a full PhD scholarship in 2024 to a Vietnamese graduate student at the Faculty of Pharmacy - Seoul National University.
Not only will the scholarship recipients be exempted from tuition fees while studying at this prestigious school, but they will also receive a monthly living allowance of 30 million VND and a pair of round-trip air tickets to their home country each year. After completing the program, the scholarship recipient will be guaranteed a suitable job at Thai Minh Pharmaceuticals upon returning to Vietnam.
The cooperation between Thai Minh Pharmaceutical and Seoul National University stems from the fact that both sides share a vision of the need to invest deeply in scientific research for Vietnamese medicinal herbs.
Thanks to this close and rapid combination, it is expected to bring many new advances in the process of researching and developing Vietnamese medicinal resources.
At the same time, with an approach based on market demand, Korean scientists and Vietnamese businesses join hands to create many different product lines, serving a variety of customers and segments. This also shows the level of investment and learning of Vietnamese businesses in the international arena.
Professor Lee Sang Kook - Dean of the Faculty of Pharmacy - introduced the history of research and development of Seoul National University.
According to Mr. Nguyen Quang Thai - Chairman of the Board of Directors of Thai Minh Pharmaceuticals, promoting R&D work with foreign scientists is one of the continuous efforts to realize the criteria of "scientific pioneering, lifelong care" of Thai Minh Pharmaceuticals.
Professor Oh Won Keun - Faculty of Pharmacy, Seoul National University shared: “ Vietnamese medicinal herbs have great potential. Many plants have not been studied, many highly active ingredients have not been exploited for their potential. With modern technology and science of Korea and the ginseng industry for hundreds of years, we believe that it will bring many advances to the development of Vietnamese medicinal herbs in general and Vietnamese ginseng in particular .”
In 2024, Thai Minh Pharmaceutical will expand and deepen scientific research through cooperation activities with major universities at home and abroad. It is known that signing a scientific cooperation agreement with Seoul National University - the top 1 university in Korea is one of the scientific investment activities for the company's products.
In the coming time, Thai Minh Pharmaceutical will continue to cooperate extensively with prestigious universities and research institutes at home and abroad to develop products that are the crystallization of science and herbs in accordance with the pioneering scientific strategy that the company pursues.
Bao Anh
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