NEW YORK, Dec. 29 (GenomeWeb News) - The Pasteur Institute is planning to open a branch in Korea in February, the Korea Herald reported today.
According to the Korea Herald, the branch will open in the Korea Institute of Science and Technology in northern Seoul before relocating to its own site in five years. Pasteur Institute Korea has adopted the motto "Genome to Drug," reflecting its goal to advance gene studies into drug development, the paper added.
The branch will be headed by Ulf Nherbass, head cell biology researcher at the Pasteur Institute in France, and is expected to receive about €100 million in funding over the next 10 years from the Korean Science Ministry, the Korea Herald added.