Daewoong Pharmaceutical Founder Honorary Chairman Yoon Young-hwan Passes Away

[Image source=Yonhap News]

[Asia Economy Reporter Hyunwoo Lee] Yoon Young-hwan, honorary chairman and founder of Daewoong Pharmaceutical, passed away on the 20th at the age of 88.

Born in 1934, the late Yoon graduated from Sungkyunkwan University College of Pharmacy, established Daewoong Pharmaceutical in 1945, and had served as honorary chairman since 2014. Around the time he stepped down from active management, he donated his shares to establish the 'Seokcheon Daewoong Foundation,' expanding the existing Daewoong Foundation's scholarship programs.