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Not every project has been successful. Early on, JungJin risked losing everything after investing heavily in the contract manufacturing organization facilities for an HIV vaccine that failed in clinical trials. Fortunately, a shrewd investment in facilities to manufacture drugs for other companies enabled Celltrion to stay afloat. Since then, JungJin says the ability to “overcome the fear of failure and turn a crisis into an opportunity” is part of the company’s culture.
JungJin believes his industry has a duty to act in the interest of the country at a time of crisis. Celltrion has led the field in developing an antibody treatment for COVID-19, which was approved for use in South Korea in February 2021. Passionate about putting an end to the pandemic, JungJin is doing his part by offering the treatment to Koreans at production cost.