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MediPolis Development Plan in Wonju,
Korea




                     Wonju Medical Industry Techno Valley
                                                   Ver 2.5
Wonju, Korea




               2
Support from Central & Local Government




                                          3
The Beginning

• From the Local Community Health Center(May
  1998)




                                               4
Wonju Medipolis - Present

                                                                             Taejang
                                                                             Complex
                                                                             Established in 1999.
                                                                             10
                                                          ay                 Area: 33,058m2
                                                     hw
                                                 Hig                         31 companies
                                    do      ng
    Donghwa                Yo   ung                            y
    Complex
                      nd
                      2                                      a
                                                         ghw
    Established in                                     Hi
    2001~2005                                      g
                                              on
    Area: 332,000m2
                                        n   gd
                                    u
                                 Yo
    28 companies

                                        Wonju City hall




                                                                   TechnoTower
                                                                   Established in 2003.5
                                                                   Area: 19,915m2
                                                                   11 companies


                                                                                                    5
5
Business Incubation




                      6
Post-Business Incubation




                           7
Medical Device Specialized Complex




                                     8
Outcomes of Wonju Medipolis

            Companies                                 Employees

                                                                     2,316 2,287 2,378
                      105   107   107

                 93

            79                                               1,690

       65
  60                                                 1,259
                                               994

                                         687




 2005 2006                              2005 2006
           2007 2008                              2007 2008
                     2009 2010                              2009 2010
                               2011                                   2011

                                                                                         9
O u tc o m e s o f Wo n j Me d ip o lis
                         u

           Exports(0.01Mil$)                     Production(100milKRW)

                                16,535                                                  4,071
                                                                                3,765
                           14,448
                     13,427                                             3,404
           11,700

                9,854
       9,012                                                    2,292
                                                        2,036
                                                1,536


   2,692                                  640




  2005 2006                              2005 2006
            2007 2008                              2007 2008
                      2009 2010                              2009 2010
                                2011                                   2011

                                                                                                10
The Outcomes of Wonju Medipolis

        Company No.                            Exports


                    5.13%
                                                             21.54%




                                    73.90%
      73.90%




   Wonju, Gangwon    Korea Others      Wonju, Gangwon    Korea Others


                                                                        11
Medical Companies in Wonju




                             12
Business Support for Medical Device
Companies

                        Incubation




  Complex


                                     Post BI

 Idea         Supporting Process         Worldwide
                                                 13
Technical Support for medical device companies




                                            14
Technical Support for medical device companies




                                            15
GMES(Gangwon Medical Equipment Show)
• 7th GMES will be held on September 20th ~ 22nd
  in 2012
• Invitation 98 companies from all over the world in
  2011




                                                       16
GMES(Gangwon Medical Equipment Show) Result




                                         17
Success Story of Company – CU Medical Systems

•   5 employee in 2001 in Wonju
•   104 employee in 2011, 10 Million USD Exports
•   70 countries export
•   48% Market Share in Korea
•   KOSDAQ enlisted in 2011




                                                   18
Success Story of Company - Mediana

• Philips Local Distributors at the beginning
• 25% Korean Market Share(1st PHILIPS, 2nd
  Mediana 3rd GE)




                                                19
Success Story of Company - Mediana

• 72% Sales Revenue in USA/EU/Japan
• 25 Mil USD Sales Amount




                                      20
Medical Device Education Program

• Online Education www.meduvalley.com – 67
  Lectures
• Offline Education onsite at company & WMIT
• Biomedical Engineering
• Medical Device Design
• Medicine Education
• Regulatory Education
• R&D Education




                                               21
Medical Device Education in High School Course

 •   Designed by Ministry of Education since 2008
 •   In Wonju, Specialized in Medical Device Industry
 •   President Mr. Lee Myung Bak in 2009
 •   Only One Meister High School in Korea bout
     Medical Device



Classificati  Description
    on
Number of 480 (160 students/
 students grade)
          3 Medical device,
 3 Dept   2 Medical
          electricity
8 Classes 3 Medical
          electronics                                   22
Wonju Medipolis Future Plan


             Enterprise City
             Established in
             2007~2013
                                                                      ay
             Area: 866,231m2                                     hw
                                                             Hig
             30 companies(plan)
                                                do      ng
                                       Yo   ung                            y
                                  nd
                                  2                                      a
                                                                     ghw
                                                                   Hi
                                                               g
                                                          on
                                                    n   gd
                                                u
                                             Yo
     Munmak
                                                    Wonju City hall            Innovation City
     Complex
                                                                               Established in
     Established in
                                                                               2007~2013
     2007~2013
                                                                               Area: 3,639,000m2
     Area: 412,680m2
                                                                               12 organizations
     74 companies (plan)
                                                                               (plan)

     Buron Complex
     Established in
     2007~2012
     Area: 812,661m2
     48 companies (plan)
                                                                                                   23
23
Medipolis




            24
Medipolis, Multi Complex Center(MCC) of WMIT




                                           25
Under Construction of MMC, WMIT in 2011




                                          26
Investment Environment in Gangwon Province
• http://gangwon.investkorea.org
• 60 Companies were established from Japan, USA,
  China, Russia, Holland through Foreign Direct
  Investment
• Tax Incentive, Cash Grant
• Lease Reduction on Public Properties
• Support for Public Property Purchase
• Employment Subsidy and Education/Training
  Subsidy




                                                   27
Public Advertisement – Through Real Stamp




                                            28
Public Advertisement – Through Real Stamp




                                            29
Thank you




            30

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Wonju Medical Industry Techno Valley Introduction

  • 1. MediPolis Development Plan in Wonju, Korea Wonju Medical Industry Techno Valley Ver 2.5
  • 3. Support from Central & Local Government 3
  • 4. The Beginning • From the Local Community Health Center(May 1998) 4
  • 5. Wonju Medipolis - Present Taejang Complex Established in 1999. 10 ay Area: 33,058m2 hw Hig 31 companies do ng Donghwa Yo ung y Complex nd 2 a ghw Established in Hi 2001~2005 g on Area: 332,000m2 n gd u Yo 28 companies Wonju City hall TechnoTower Established in 2003.5 Area: 19,915m2 11 companies 5 5
  • 9. Outcomes of Wonju Medipolis Companies Employees 2,316 2,287 2,378 105 107 107 93 79 1,690 65 60 1,259 994 687 2005 2006 2005 2006 2007 2008 2007 2008 2009 2010 2009 2010 2011 2011 9
  • 10. O u tc o m e s o f Wo n j Me d ip o lis u Exports(0.01Mil$) Production(100milKRW) 16,535 4,071 3,765 14,448 13,427 3,404 11,700 9,854 9,012 2,292 2,036 1,536 2,692 640 2005 2006 2005 2006 2007 2008 2007 2008 2009 2010 2009 2010 2011 2011 10
  • 11. The Outcomes of Wonju Medipolis Company No. Exports 5.13% 21.54% 73.90% 73.90% Wonju, Gangwon Korea Others Wonju, Gangwon Korea Others 11
  • 13. Business Support for Medical Device Companies Incubation Complex Post BI Idea Supporting Process Worldwide 13
  • 14. Technical Support for medical device companies 14
  • 15. Technical Support for medical device companies 15
  • 16. GMES(Gangwon Medical Equipment Show) • 7th GMES will be held on September 20th ~ 22nd in 2012 • Invitation 98 companies from all over the world in 2011 16
  • 18. Success Story of Company – CU Medical Systems • 5 employee in 2001 in Wonju • 104 employee in 2011, 10 Million USD Exports • 70 countries export • 48% Market Share in Korea • KOSDAQ enlisted in 2011 18
  • 19. Success Story of Company - Mediana • Philips Local Distributors at the beginning • 25% Korean Market Share(1st PHILIPS, 2nd Mediana 3rd GE) 19
  • 20. Success Story of Company - Mediana • 72% Sales Revenue in USA/EU/Japan • 25 Mil USD Sales Amount 20
  • 21. Medical Device Education Program • Online Education www.meduvalley.com – 67 Lectures • Offline Education onsite at company & WMIT • Biomedical Engineering • Medical Device Design • Medicine Education • Regulatory Education • R&D Education 21
  • 22. Medical Device Education in High School Course • Designed by Ministry of Education since 2008 • In Wonju, Specialized in Medical Device Industry • President Mr. Lee Myung Bak in 2009 • Only One Meister High School in Korea bout Medical Device Classificati Description on Number of 480 (160 students/ students grade) 3 Medical device, 3 Dept 2 Medical electricity 8 Classes 3 Medical electronics 22
  • 23. Wonju Medipolis Future Plan Enterprise City Established in 2007~2013 ay Area: 866,231m2 hw Hig 30 companies(plan) do ng Yo ung y nd 2 a ghw Hi g on n gd u Yo Munmak Wonju City hall Innovation City Complex Established in Established in 2007~2013 2007~2013 Area: 3,639,000m2 Area: 412,680m2 12 organizations 74 companies (plan) (plan) Buron Complex Established in 2007~2012 Area: 812,661m2 48 companies (plan) 23 23
  • 24. Medipolis 24
  • 25. Medipolis, Multi Complex Center(MCC) of WMIT 25
  • 26. Under Construction of MMC, WMIT in 2011 26
  • 27. Investment Environment in Gangwon Province • http://gangwon.investkorea.org • 60 Companies were established from Japan, USA, China, Russia, Holland through Foreign Direct Investment • Tax Incentive, Cash Grant • Lease Reduction on Public Properties • Support for Public Property Purchase • Employment Subsidy and Education/Training Subsidy 27
  • 28. Public Advertisement – Through Real Stamp 28
  • 29. Public Advertisement – Through Real Stamp 29
  • 30. Thank you 30