Lee Moon Won Bio secures W800m in TIPS funding for hair-loss research

Lee Moon Won Bio said Monday it has been selected for TIPS, South Korea’s flagship government-backed program for promising technology startups. The research company was founded on two decades of clinical experience at Lee Moon Won Korean Medicine Clinic. Its intellectual property portfolio includes 11 patents and applications filed under the international Patent Cooperation Treaty. Under the program, Lee Moon Won Bio will receive about 800 million won ($545,200) in government research funding ov