Advanced Biomass R&D Center (Director : Yong Keun Chang, Professor of Chemical and Biomolecular Engineering Department) and Dynebio Co., Ltd. (CEO : Je Hyeon Lee) signed a milestone-based contract (royalty : 2 million dollars) for the transfer of fucose separation technology based on SMBc (simulated moving-bed chromatography), on May 15, 2019.

Dynebio Co., Ltd. (CEO : Je Hyeon Lee) is planning to mass-produce and commercialize fucose for reagents, cosmetics, health products, and pharmaceuticals.