Yuhan Corporation Marks 100th Anniversary: "Beginning the Next 100 Years of Promises"

100th Anniversary Ceremony and Other Events Held

Yuhan Corporation announced that it held a ceremony celebrating its 100th anniversary on June 20 at 'Willow House' in Daebang-dong, Dongjak-gu, Seoul. Yuhan Corporation is the 11th listed company in Korea to reach its 100th anniversary.

The event was attended by CEO Jookje Cho, President Yeolhong Kim, Heemok Won, Chairman of the Yuhan Foundation, Sanghoo Choi, Chairman of Yuhan Academy, as well as current and former executives and long-serving employees of Yuhan Corporation. The program included the 100th anniversary ceremony, the opening ceremony of Willow House, and an awards ceremony for a writing and drawing contest. A time capsule sealing ceremony was also planned, but was postponed due to rain.

CEO Joo Wookje is speaking at the 100th anniversary event of Yuhan Corporation held on the 20th at 'Willow House' in Dongjak-gu, Seoul. Yuhan Corporation

During the 100th anniversary ceremony, participants reflected on the history of Yuhan Corporation and reaffirmed their goals for the next 100 years. An awards ceremony was held to honor long-serving employees who have contributed to the company’s growth, and plaques and prize money were presented to 150 long-serving employees.

In his commemorative address, CEO Jookje Cho stated, “Yuhan Corporation was able to walk this 100-year path thanks to two unchanging values: ‘Progress,’ which means continuously opening new paths, and ‘Integrity,’ which means upholding principles and elevating our standards.” He added, “The journey of ‘Great Yuhan, Global Yuhan’ as a global innovative pharmaceutical company, contributing not only to the health of the Korean people but also to humanity, has begun anew. Upon the foundation of 100 years of trust, we will add another 100 years of promises.”

Willow House, where the opening ceremony was held, is Yuhan Corporation’s former headquarters building that retains 35 years of history since 1962. In celebration of the 100th anniversary, it has been reborn as a complex cultural space that engages with the local community through renovation.

Meanwhile, on the previous day, June 19, a separate 100th anniversary event for affiliates, partners, and investors of Yuhan Corporation was held at Lotte Hotel in Sogong-dong, Seoul. The event began with congratulatory remarks from Dongseop Yun, President of Yonsei University, Yeonhong Roh, Chairman of the Korea Pharmaceutical and Bio-Pharma Manufacturers Association, and Illing Yoo, a director of Yuhan Academy. The event featured a variety of programs, including a plaque of appreciation presentation, a Swing Days mini-concert, cake cutting, and cultural performances.

The former headquarters of Yuhan Corporation, "Willow House," which holds 35 years of history since 1962, has been reborn as a complex cultural space that engages with the local community through renovation in celebration of the 100th anniversary of the company's founding. Representatives of Yuhan Corporation are cutting the ribbon at the opening ceremony. Photo by Yuhan Corporation

Since its founding in 1926 by Dr. Ilhan New, Yuhan Corporation has grown to become a leading pharmaceutical company representing Korea. Inheriting the founder’s philosophy of “producing the best products to help the nation and fellow Koreans,” the company has consistently contributed to public health by producing excellent pharmaceuticals, such as Leclaza.

A Yuhan Corporation official stated, “The spirit of contributing to the health of the people and humanity with the best medicines has shaped Yuhan’s 100 years. Based on this spirit, we will continue to contribute to human health in the next 100 years through new drug development and global collaboration.”

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