Otoki said on Dec. 2 that it signed a memorandum of understanding (MOU) with the Korea Food Research Institute (KFRI) to create new markets in the future food industry and develop high value-added food technologies.

Hwang Seong-man, president of Otoki (fifth from left), and Baek Hyeon-dong, president of Korea Food Research Institute (KFRI) (fourth from left), pose for a commemorative photo after signing a business agreement to lead the future food industry. /Courtesy of Otoki

At the agreement ceremony held at the Otoki Center on the 1st, the two institutions said they will push strategic joint research focused on ▲ research on processing of future foods and alternative foods ▲ research on the health-promoting efficacy of foods and aging delay ▲ precision fermentation and discovering the value of microbial resources ▲ research on personalized foods.

In particular, they plan to strengthen practical cooperation, including information exchange to expand domestic and overseas markets, technical support for product development, training of professionals, and joint use of R&D infrastructure.

Otoki said the two institutions plan to continuously carry out joint projects aimed at securing future growth engines and enhancing the value of the food industry based on this agreement, while further strengthening their cooperative framework.

An Otoki official said, "This MOU will be a meaningful stepping-stone not only for securing competitiveness in the future food industry but also for building a sustainable food ecosystem," adding, "Based on the research capabilities and technologies held by the two institutions, we will create innovative food value."

※ This article has been translated by AI. Share your feedback here.