Muan Jaram Food Signs Business Agreement with Hanpung Pharmaceutical

CEO Lee Eui-seong: "We Will Develop Various Good Toktok Health Juices and Health Functional Foods"

Muan Jaram Food CEO Lee Ui-seong (second from the left) signed a business agreement with Hanpung Pharmaceutical for joint development research to expand and revitalize the health functional food industry. (Photo by Jaram Food)

[Asia Economy Honam Reporting Headquarters, Reporter Oh Hwan-joo] Mu-an Jaram Food (CEO Lee Ui-seong) and Hanpung Pharmaceutical (CEOs Jo Hyung-kwon and Jo In-sik) signed a business agreement on the 10th for joint development research to expand and revitalize the use of the health functional food industry.

This agreement aims to lay the foundation for research and practical application of health functional food development and to promote the development of the health functional food industry.

On the day of the agreement, both companies agreed to mutually cooperate for joint research on health functional food technology and product development, human resource exchange necessary for training professionals and designing investment plans, conducting linked activities for joint project promotion and efficient business progress, and entering the global market through joint research and development of health functional foods.

Jaram Food CEO Lee Ui-seong stated, “Through this business agreement with Hanpung Pharmaceutical, we plan to use it as an opportunity to establish a foundation for mutual exchange and strengthening capabilities in health functional food development,” adding, “We expect to contribute not only to creating youth jobs but also to regional economic development by developing various good Toktok health juices and health functional foods.”

Meanwhile, Hanpung Pharmaceutical, which signed the agreement on the day, is a representative company in Jeonbuk founded in 1973, specializing in research, development, and production of herbal medicine formulations as a traditional Korean medicine pharmaceutical company.

Jaram Food is a health juice production company located in Namseong-ri, Cheonggye-myeon, Muan-gun, currently producing 14 types of health juices including onion juice, cabbage juice, and beet juice, and is emerging as a leading youth company representing Muan.

This content was produced with the assistance of AI translation services.