Updated Dec.16,2005 19:33 KST

Businesses Watch Hwang Scandal With Bated Breath
Korea��s biggest steelmaker POSCO and other companies that had rallied behind Prof. Hwang Woo-suk and funded his research were stunned into silence on Friday after it emerged that the prominent scientist submitted flawed data to support his claim of groundbreaking success in cloning stem cells tailored to individual patients.

Businesses in April formed an organization to support Hwang, with the number of members growing rapidly to 5,015 on Dec. 9 and donations exceeding W3.8 billion (about US$3.8 million) in the wake of an MBC program that first cast aspersions on Hwang��s research.

The Korea International Trade Association (KITA) hosted a Biomedical Symposium at COEX in Samseong-dong, Seoul, on Oct. 18 bringing together leading international embryologists including Prof. Ian Wilmut of Edinburgh University, the creator of the world��s first cloned sheep Dolly. KITA chairman Kim Jae-cheol on Friday declined to comment saying the truth had yet to be revealed, according to an official.

POSCO and Seoul National University in November last year agreed to donate W1.5 billion for Hwang��s research over the next five years. POSCO also had its Brazilian branch hire bodyguards for Prof. Hwang when he attended a seminar in Curitiba there. The firm also declined to comment.

Korean Air, another financial supporter for Prof. Hwang, is also embarrassed.

Hwang was given free first-class flights on all sectors valid for 10 years. Korean Air chairman Cho Yang-ho himself delivered the voucher to Hwang in June. A Korean Air official said the company made the decision to help Prof. Hwang work on board, adding it was up to the geneticist to decide whether to continue to use the privilege.

Other businesses are watching with bated breath from a distance. An official with the Federation of Korean Industries said it was time for all the third parties to fall silent, adding the controversy should not discourage biotechnology research, a new driving force behind the nation��s growth.

([email protected] )


Copyright (c) 2007 The Chosun Ilbo & Digital Chosun Ilbo All rights reserved.
Contact [email protected] for more information.
Privacy Statement Contact [email protected]