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Merck bets on Asia growth with $338m Korea investment

· By Kan Hyeong-woo
Story summary

German science and technology giant Merck is betting big on Korea as a manufacturing hub for Asia's booming biopharmaceutical industry, investing 300 million euros ($338 million) in a new production center in Daejeon. The facility, Merck's largest life science investment in Asia-Pacific to date, is central to its "i…

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