The founder of a 73-year-old South Korean pharmaceutical company passed away at age 97 over the weekend, Il-Yang Pharmaceutical Co. said Sunday.
Chung Hyung-sik, who died Saturday, set up the company in 1946, before the three-year Korean War broke out in 1950, and helped the local industry grow to a point where it can now develop its own drugs, the company said.
The company currently produces a wide range of drugs ranging from anti-cancer treatment medicines to vaccines. (Yonhap)
Chung Hyung-sik (Yonhap)
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