The View from COEX
Three Days at the Deal Table
Every October, COEX becomes the place where Korea shows the world how much it can make. BIX 2026 did that again, on a bigger stage than ever. More than 300 companies from 35 countries took around 600 booths, and demand for space pushed the exhibition onto a second floor for the first time. Yet the most important change happened in the conference rooms. Over three days, almost nobody asked whether Korean science works. They asked who will partner on it, who will pay for it, and on what terms.
Day 1 set the tone. Dr Sally Temple opened with the long road from stem cell to therapy, and the sessions that followed kept returning to one question: what makes a Korean asset partnerable? We heard it in radiopharmaceuticals, in autoimmune and RNA programmes, in a frank look at Europe, and in a closing debate on who leads the obesity market after GLP-1.
Day 2 went straight to the deal table. Goodwin's Stuart Cable took delegates inside the boardroom when big pharma comes knocking. Panels followed on NewCo structures, on whether global investors would write the check for Korean biotech, and a two-hour marathon on why great deals fall apart. Down on the floor, Samsung Biologics, Samsung Bioepis and a new generation of ADC and cell therapy manufacturers showed Korea's muscle in full.
Day 3 looked further ahead. Neurotechnology founders and investors asked how to turn brain science into business, AI developers were pushed to prove value beyond speed, and Dr Dion Kelly ran a live brain-computer interface demonstration on The Platz.
One worry ran beneath all of it. Korea's CDMOs still import most of the critical materials they run on, and the government has now put KRW 400 billion behind closing that gap through 2033. For readers who want the full picture, our new Country Report, The CDMO Superpower's Next Act, goes deeper on the capital test Korea now faces.
Our team reported from COEX every day, with Saradha Mani filing from the halls and conference rooms. This page brings it all together: the daily reports, our exclusive conversations, the videos we shared from the floor and the Country Report. This year's theme was "Real Innovation Glows in the Dark". In a tight funding cycle, it felt exactly right. We hope this coverage helps you find your place in Korea's next chapter.