MegaGen's 5 Great Performances
MegaGen Implant Co., Ltd. (CEO Park Kwang-Bum, hereafter MegaGen) set a new record in annual sales last year to surpass KRW 100 billion, despite difficult circumstances such as a contraction in the domestic economy and deterioration in the export market due to the prolonged and re-proliferation of COVID-19.
In addition, MegaGen has achieved the highest performance ever since its foundation with the award of the 70 million dollar export achievement, no.1 implant exporter to Europe for the eight consecutive years, no.1 implant exporter to the U.S. last year, according to the Korea Trade Statistic Promotion Institute Export Record 2020. On the top of that it has awarded ‘Clean Implant Trusted Quality Award’ for the five consecutive years.
Companies around the world have taken into consideration the fact that non-face-to-face is becoming the norm as their government authorities practice social distancing in response to COVID-19 and it will gradually expand the existing non-face-to-face digital healthcare services .
In particular, in the first half of the last year, the COVID-19 pandemic caused major difficulties such as international lock-downs or mobility restrictions which interfere with international trade flows. The implant industry has also not been able to avoid this pandemic impact that reduced export rates.
However, MegaGen has been playing an important role in overcoming the difficulties by conducting quarantine and safety campaigns for dental industry at home and abroad.
Especially through the diversification of the strategic business structure such as the launch of new digital equipment, the company has achieved great results by increasing sales of new businesses and focusing on online educational channels for their product promotion.
These accomplishment not only achieved sales performance, but also established a new culture leader building online seminar solution amid a prolonged in Covid-19 situation.
Thanks to those efforts, MegaGen surpassed KRW 100 billion in sales in 2020 and exported more than 75% of its sales to 100 countries in the world. Moreover following Europe where they have been ranked as the 1st implant exporter for eight consecutive years, MegaGen was also ranked the 1st implant exporter in the U.S last year (according to the Korea Trade Statistic Promotion Institute Export Record 2020).
MegaGen said, “In the era of the 4th industrial revolution and convergence, we are developing our value as a total healthcare innovator by putting digital technology to the front and establishing ourselves as a global leader. And we will focus on research and development to produce innovative products which contribute to healthy life.”
Source: Dentist news (http://www.dentistnews.kr)