□ The Animal and Plant Quarantine Agency (director Park Bong-gyun), the Korea Racing Authority (KRA) and CEFO Co., LTD announced that they have co-developed a stem cell treatment drug for cartilage and bone damage areas of horses for the first time in Korea, through a joint research project.

; A growing interest in leisure activities is fueling the development of the racehorse and riding horse industry. The development of therapeutic agents has been continuously demanded in order to help injured horses recover, or to save horses on the brink of being culled.