Newsletter

SK Biopharmaceutical Acquires Majority Stake in US Proteobant

On the 14th, SK Biopharmaceuticals announced that it had acquired a 60% stake in Proteobant, USA on August 11th. The acquisition involved 40 million shares. SK Biopharmaceuticals had previously stated its goal of securing global targeted protein degradation (TPD) technology. Yuhan Corporation reported its performance for the first half of the year on the 14th. […]

SK Biopharmaceuticals, 2Q deficit decreased… Possible turnaround in 4Q [NH투자증권]

[사진=SK바이오팜] NH Investment & Securities estimated on the 10th that the deficit of SK Biopharmaceuticals would decrease in the second quarter of this year. We maintain our Buy rating and target price of 105,000 won, respectively. NH Investment & Securities predicted that SK Biopharmaceuticals’ second-quarter sales would increase by 55% year-on-year to 82.7 billion won, […]

SK Biopharmaceuticals Acquires Proteobant to Secure Targeted Proteolytic Therapy Technology

SK Biopharmaceuticals Acquires Proteobant to Secure TPD Technology In a move to secure targeted proteolytic therapy (TPD) technology, SK Biopharmaceuticals has announced the acquisition of Proteobant. The South Korean company revealed that it would be acquiring a 60% stake in ProteoVant Sciences, a prominent US biotech firm, for approximately 62 billion won. By 2021, SK […]

SK Biopharmaceuticals ‘Cenobamate’ approved for marketing in Canada

[메디칼업저버 손형민 기자] An innovative new drug for epilepsy developed by SK Biopharmaceuticals (CEO Lee Dong-hoon), ‘Cenobamate’ (local product name: Xcofree) has been approved for sale in Canada. SK Biopharmaceuticals announced on the 14th that Health Canada has issued a Notice of Compliance for cenobamad and approved its application for marketing approval in Canada. Paladin […]