Establishment of AIDS vaccine plant eyed

In a bid to establish an AIDS vaccine plant at Songdo of Inchon, western part of Seoul, an agreement to incorporate a joint venture 'Celtrion' will be executed on February 25th at a KOTRA convention hall among VaxGen, Nexol Biotech, Korea Tobacco and Ginseng Corporation, Nexol Biotech and STEPHEN & COMPANY.

Separated from Genentech of U.S. in 1995 for its successful commercialization of AIDS...