From the opening of the distribution business in 1992 to present, MEGA Biotech
has grown extensively; factory was completed in 1996 and the company affiliated
Biotechnology Research Institute was opened with the research theme of "Microbial
Control Agent and Diagnostics of Plant Disease." Last year, MEGA Biotech
has been registered as the first domestic manufacturer for microbial control
agents. We were also recognized as one of the 'Innovative Business of the
year 2001" from Korean Small and Medium Business Administration.
Year 2002 will be another big step for us at MEGA Biotech; we are planning
and working to be listed on the Kosdaq (Korean equivalent to Nasdaq) stock market.
With a minimum goal of $8 million domestic sales, we will face the market with
new technically innovative products and new marketing strategy. Effective management
will also follow to maximize the net profit yield.