Iljin Pharmaceuticals said Tuesday that it will rename itself CosmaxBio from Nov. 12 in a bid to boost up its functional health business.
The previous name, Iljin Pharmaceuticals, has been in use since Cosmax, a cosmetic maker, acquired Iljin in April 2007.
Iljin will build a GMP plant in Jechon, North Chungcheong Province until October 2013, with production beginning in 2012.
Iljin ha...
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