We Semo company began to develop Squalene Project in the middle of 1980 when Squalene's effect to health is not so well known to people.  We started to sell Semo Squalene from 07. November, 1987.   There are two ways to sell squalene in market.  One is simply importing purified squalene from another countries and selling squalene after being capsuled in Korea.  The other is that we Semo company directly secure squalene raw material to maintain freshness and quality, then make Semo Squalene through processing/manufacturing facilities of our own.  We have our own processing technics, especially in purification technology.  Even though we need large investment to get raw material and process and manufacture in our own factory, we decided to do all processes in our own company.  We made new overseas branch only for squalene purpose, established new factory in Korea together with