GI Innovation Inc. (the “Company”) legally processes and safely manages personal information in compliance with the Personal Information Protection Act and related laws and regulations to protect the freedom and rights of the data subjects. Accordingly, in accordance with Article 30 of the Personal Information Protection Act, the Company establishes and discloses the following privacy policy in order to inform the data subjects of the procedures and standards for processing and protecting personal information and to promptly and smoothly handle complaints related thereto.
The Company processes personal information for the following purposes in accordance with the Personal Information Protection Act. Personal information being processed will not be used for any other purposes. If the purpose of use changes, the Company will take necessary measures, including obtaining separate consent in accordance with Article 18 of the Personal Information Protection Act.
1. Personal information items processed without the consent of the data subject
2. Personal information items processed with the consent of the data subject
1. The Company provides personal information only to the minimum extent necessary with the consent of the data subject, in accordance with Article 17(1)1 of the Personal Information Protection Act. Currently, there is no personal information provided to third parties based on the data subject’s consent.
2. The Company may provide personal information to the following institutions without the consent of the data subject as follows.
3. Notwithstanding Paragraphs 1 and 2, the Company may provide personal information to relevant authorities without the consent of the data subject in the event of emergencies—such as disasters, infectious diseases, events or accidents posing imminent danger to life or limb, or urgent risk of property loss—in accordance with the "Rules for Processing and Protection of Personal Information in Emergency Situations" jointly announced by relevant government ministries. For further details, please refer to the URL provided below.
(https://www.pipc.go.kr/np/cop/bbs/selectBoardArticle.do?bbsId=BS217&nttId=7641)
1. The Company outsources personal information processing to external companies stated below. Any change in the outsourced companies and the outsourced services will be disclosed through this Privacy Policy. However, outsourcing the processing of the Company’s executives and employees’ personal information will be found on the Company’s internal bulletin board.
<Current Status of the Outsourced companies>
Correct as of: 1st February 2026
2. In accordance with Article 26 of the Personal Information Protection Act, when entering into an outsourcing agreement, the Company specifies in the contract or other written documents matters concerning responsibilities such as the prohibition of processing personal information for purposes other than performing the outsourced tasks, implementation of technical and administrative safeguards, restrictions on re-outsourcing, management and supervision of the service provider, and liability for damages. The Company also supervises whether the service provider processes personal information safely.
1. The Company transfers personal information overseas as described below. If you wish to refuse the overseas transfer of personal information, please contact us using the contact information set forth in Article 9. However, if you refuse the overseas transfer, it may be difficult to process the related services.
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Recipient (Contact Information): Veeva (https://www.iqvia.com/ 4280 Hacienda Drive, Pleasanton, CA 94588, USA, Tel: +1-925-452-6500)
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Legal Basis: Article 28-8, Paragraph (1), Subparagraph 3 of the Personal Information Protection Act (Entrustment/Storage)
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Country to Which Personal Information Is Transferred: United States
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Timing and Method of Transfer: Transmitted via network upon uploading clinical documents
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Items of Personal Information Transferred:Investigator and site staff information (name, title/role, affiliated institution, contact information, education, work experience, medical license number, signature);Subject information (screening number, gender, age or age range, visit date, consent date);User information (user ID, email address, names of document author, reviewer, and approver)
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Purpose of Use by the Recipient: Operation and management of the electronic Trial Master File (TMF) system
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Retention and Use Period by the Recipient: For the duration of the clinical trial
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Recipient (Contact Information): IQVIA (https://www.iqvia.com/PrivacyOfficer@IQVIA.com)
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Legal Basis: Article 28-8, Paragraph (1), Subparagraph 3 of the Personal Information Protection Act (Entrustment/Storage)
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Country to Which Personal Information Is Transferred: United States
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Timing and Method of Transfer: Transmitted via network upon clinical data entry and document upload
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Items of Personal Information Transferred:Investigator and site staff information (name, title, affiliated institution, office address, email address, contact information, work experience, license number);User information (user ID, access logs);Subject information (date of birth or age, gender, diagnosis, dosing records)
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Purpose of Use by the Recipient: Operation and management of the electronic Trial Master File (TMF) system
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Retention and Use Period by the Recipient: For the duration of the clinical trial
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Recipient (Contact Information): Medidata (https://www.medidata.com/en/contact-us/#akopelman@mdsol.com)
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egal Basis: Article 28-8, Paragraph (1), Subparagraph 3 of the Personal Information Protection Act (Entrustment/Storage)
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Countries to Which Personal Information Is Transferred: United States, France, Germany
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Timing and Method of Transfer: Transmitted via network upon clinical data entry
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Items of Personal Information Transferred:Subject information (screening number, gender, visit date, age or age range, height, weight, medical history, investigational product administration information, test results, adverse event information, concomitant medication information);Investigator and user information (name, affiliated institution, role, business email address, user ID, electronic signature, date and time of electronic signature, access authorization information)
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Purpose of Use by the Recipient: Collection and management of clinical trial data
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Retention and Use Period by the Recipient: For the duration of the clinical trial
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Recipient (Contact Information): Oracle Health Sciences (https://www.oracle.com/ privacy_ww@oracle.com)
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Legal Basis: Article 28-8, Paragraph (1), Subparagraph 3 of the Personal Information Protection Act (Entrustment/Storage)
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Country to Which Personal Information Is Transferred: United States
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Timing and Method of Transfer: Transmitted via network upon entry of adverse event data
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Items of Personal Information Transferred:-Subject information: subject identification number, gender, year and month of birth or age, pregnancy status, lactation status, height, weight, medical history, diagnosis (name of disease/condition), investigational product administered medication(s), adverse event details, relevant laboratory/test results, clinical outcomes, race/ethnicity;-Reporter and user information: name, contact information, country, affiliated institution, role, workplace address, user ID, affiliated department
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Purpose of Use by the Recipient: Collection, reporting, and management of adverse events
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Retention and Use Period by the Recipient: Ten (10) years after the expiration or withdrawal of the marketing authorization
The Company uses and manages personal visual data processed by fixed visual data processing devices for the following purposes and methods.
1. The statutory ground and purpose for installing the fixed visual data processing devices:
The Company installs and operates fixed visual data processing devices for the following purposes in accordance with Article 25, Paragraph 1 of the Personal Information Protection Act.
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Facility safety and management, fire prevention
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Crime prevention, e.g. theft prevention
2. The number of the fixed visual data processing devices installed, the locations of installation, and the scope of filming:
3. The manager and the person who is entitled to access the visual data:
The Company has appointed the manager and the person who is entitled to access the visual data and handle complaints related to personal visual data.
4. Duration of filming, retention period, retention place, and processing method of the visual data:
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Processing method: the Company records and manages the matters related to the use of personal visual data for purposes other than its intended purpose, the provision of personal visual data to third parties, and the requests for destruction or access, etc. of personal visual data, and permanently deletes the data in a way that it cannot be restored when the retention period expires (by shredding or incineration in the case of printed materials).
5. Outsourcing of the installation and management of visual data processing devices:
The Company outsources the installation and management of fixed visual data processing devices as follows, and stipulates the necessary matters to ensure that personal data is safely managed at the time of the outsourcing contract in accordance with relevant laws and regulations.
6. Method and location for checking personal visual data:
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A data subject’s visual data can be checked in the head office or branch office where the data subject wants to check such data, after submitting an access request to the Company and obtaining prior approval from manager.
7. Measures to deal with the data subject’s request to access the personal visual data:
A data subject may request access to his or her personal visual data by submitting the request to the Company to access, verify the existence of, or delete such visual data. The Company will allow such access, verification, or deletion:
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Only for footage containing the data subject;
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Otherwise only when it is necessary for the protection of life, bodily or property interests of the data subject from imminent danger
When visiting the head office or branch office to access such information, the visitor must bring the request form (review, confirmation of existence, deletion), and the following documents to confirm his/her identity as the data subject or the data subject’s appointed representative:
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If the visitor is the data subject: proof of identity of the visitor as the data subject
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If the visitor is an appointed representative of the data subject: document proving the appointment of the visitor as a representative of the data subject (e.g. power of attorney), and document proving the identity of the visitor
The data subject’s request can be rejected by the Company in any of the following cases:
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When the personal visual data has been destroyed after the retention period
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When there are other legitimate reasons to reject such a request
In the case of rejection, the data subject will be notified of the reasons for rejection in writing or other means within 10 days.
8. Technical, managerial, and physical measures for protecting the visual data:
The personal visual data that the Company processes is managed in a safe and secure manner using encryption measures and the following :
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Measures to control and restrict access to personal visual data
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Application of technology to store and transmit personal visual data securely (e.g. encrypted transmission of network camera feeds and passwords)
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Measures to prevent forgery and modification of stored access logs and records, e.g. creation date/time of personal visual data, purpose of access, identity of visitor, date/time of access etc.
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Physical measures and locking facilities to provide and ensure safe and secure storage of personal visual data.
1. A data subject may exercise the following rights regarding the collection, use, sharing of personal information by the Company in accordance with applicable laws such as the Personal Information Protection Act :
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The right to access to his or her personal information;
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The right to make corrections or deletion;
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The right to make temporary suspension of treatment of personal information; or
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The right to request the withdrawal of their consent provided before;
At any time by sending Form 1-1 [Personal Information (Access, Correction, Deletion, Processing Suspension, Withdrawal of Consent) Request] or Form 1-2 [Personal Visual Information (Access, Confirmation of Existence, Deletion) Request] by e-mail to the Company or the Data Protection Officer of the Company.
2. A data subject can exercise the rights provided in Section 7.1 through an agent, including a legal representative and a power of attorney (“Representatives”) by sending Form 2 (the Power of Attorney).
3. The Company shall verify whether the person exercising their rights is the data subject themselves or a duly authorized representative.
4. Data subjects may exercise their rights by contacting the Company or the Privacy Officer (Personal Information Protection Officer) specified in Article 9. The Company will respond within 10 days (or without delay in the case of a data portability request) from the date the request to exercise such rights is received.
5. The Company will take measures regarding the request from data subjects or their Representatives without delay, in accordance with applicable laws such as the Personal Information Protection Act. However, where any of the following is applicable, the Company may notify the data subject of the reason and deny the request of such data subject:
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Where special provisions in other laws so require or it is inevitable to observe legal obligations;
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Where access may cause damage to the life or body of a third party, or unjustified infringement of property and other interests of any other person;
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Where it is impracticable to perform a contract such as the provision of services as agreed upon with the said data subject without processing the personal information in question, and the data subject has not clearly expressed the desire to terminate the agreement.
1. The Company will destroy a data subject’s personal information without delay, after the personal information becomes unnecessary owing to the expiration of the retention period, attainment of the purpose of processing the personal information, etc.
2. Even after the retention period consented to by the data subject has expired or the purpose of processing has been achieved, if the personal information is required to be retained under other applicable laws and regulations, such personal information shall be transferred to a separate database or stored in a different location.
3. The procedures and methods for destroying personal information are as follows.
1) Destruction procedure
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The Company selects personal information for which a reason for destruction has occurred and destroys the personal information with the approval of the Company’s data protection officer.
2) Destruction method
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The Company destroys personal information recorded and stored in electronic files so that it cannot be reproduced as a record, and destroys personal information recorded and stored in paper documents by shredding or incinerating.
The Company, in accordance with Article 29 of the Personal Information Protection Act, takes the following technical, administrative and physical measures necessary to ensure safety:
1. Administrative Measures:
Establishment and implementation of internal management plans, regular employee training, and operation of a dedicated organization responsible for personal data protection.
2. Technical Measures:
Management of access rights to personal information processing systems; installation of access control systems and other relevant protective measures; network isolation from the Internet; encryption of personal information; retention and review of access logs; installation and regular updating of security programs; and inspection and remediation of vulnerabilities in personal information processing systems.
3. Physical Measures:
Access control to server rooms, research labs, and office areas; secure storage of documents and auxiliary storage media in locked and protected locations; implementation of safety measures against disasters and emergencies; and control over the removal and entry of auxiliary storage media.
To protect personal information and deal with complaints related to personal information, the Company designates the following Data Protection Officer (DPO). Data subjects may inquire about personal information, complaints, etc. to the Data Protection Officer (DPO) and the department in charge of Data Protection.
[Data Protection Officer]
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Name: Sung-jin Park
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Position: Head of Information Strategy Team
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Contact: +82 70 7700 3862, niceca@gi-innovation.com
[Department in Charge of Data Protection]
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Name: HR Team
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Contact: +82 70 7717 0308, srlee@gi-innovation.com
Data subjects may file a petition for settlement of a dispute, consultation, etc. with the Personal Information Dispute Mediation Committee, the Korea Internet and Security Agency, or the Personal Information Infringement Reporting Center to seek remedies for breach of privacy. In addition, you may contact any of the following agencies to report or receive counselling on the breach of privacy:
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Personal Information Dispute Mediation Committee: 1833-6972 (without area code) (www.kopico.go.kr)
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Personal Information Infringement Reporting Center (Korea Internet and Security Agency): 118 (without area code) (privacy.kisa.or.kr)
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National Police Agency: 182 (without area code) (ecrm.police.go.kr)
This Privacy Policy will be applied from 1st February 2026. Previous privacy policies can be found below.
In case there is any inconsistency or conflict between the Korean version and the English version of this Privacy Policy, the Korean version shall prevail.
See our previous Privacy Policy: Effective from 18th September 2020 to 11th July 2021 [Download]
See our previous Privacy Policy: Effective from 12th July 2021 to 24th October 2022 [Download]
See our previous Privacy Policy: Effective from 25th October 2022 to 31st March 2024 [Download]
See our previous Privacy Policy: Effective from 1st April 2024 to 31st January 2026 [Download]
Effective Date: 1st February 2026






