Gangwon Province and Doctor Oregon Partner to Develop Forest-Based Health Products
Gangwon Province, South Korea, and Doctor Oregon, a health and cosmetics company, have entered into a collaborative agreement to develop and globally market health functional foods and cosmetics utilizing forest resources from Gangwon Province.The partnership focuses on standardizing raw materials and enhancing their functionality, aiming to boost regional income and showcase the value of Gangwon’s forest resources on the international stage.
Collaboration Details and Objectives
The agreement centers around Doctor Oregon’s mycelium cultivation and proliferation technology. Leveraging this technology, the companies plan to develop finished products, including health supplements and functional cosmetics, sourced from Gangwon’s forests. The collaboration will focus on standardizing the raw materials and improving their functional properties to meet global market demands.
Statements from Leaders
Chae Byung-moon, head of the Korea Forest Research Institute, stated that the agreement marks a turning point for Gangwon’s forests, transforming them from simple green spaces into industrial resources that generate regional income. He emphasized the commitment to collaborating with leading companies to promote the value of Gangwon’s forest resources globally.
Choi Sun, CEO of Doctor Oregon, expressed enthusiasm for the joint research, highlighting its potential to together standardize raw materials and enhance functionality. He affirmed the company’s dedication to proving the excellence of Gangwon’s forest resources in the global market.
Future Outlook
This partnership represents a strategic move to capitalize on the growing demand for natural and enduring health and beauty products. By combining Gangwon Province’s rich forest resources with Doctor Oregon’s technological expertise, the collaboration aims to create high-value products and contribute to the economic development of the region.
Source: ETNews Korea
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