[Market Focus] Biosmart Surges as Lee Jaemyung's Anti-Plastic Pledge Highlights Related Patents

Biosmart shares are showing strong performance. This appears to be due to the spotlight on the company's related patents following Democratic Party presidential candidate Lee Jaemyung's pledge to reduce plastic usage.

As of 9:52 a.m. on April 25, Biosmart shares were trading at 4,120 won, up 10.44% from the previous day. The company's patent for manufacturing diagnostic kit panels from paper instead of plastic, as well as its track record of converting plastic cards for several credit card companies to eco-friendly materials, are seen as positive factors attracting investor interest.

Previously, on April 22, Lee announced his anti-plastic pledge via social media in commemoration of Earth Day. He emphasized, "We will shut down coal power plants by 2040 and dramatically reduce fine dust by expanding the adoption of electric vehicles," and added, "We will establish a national-level roadmap for plastic reduction and make Korea a leading country in this field."