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Founded Year

2001

Stage

Corporate Minority - P2P | IPO

Total Raised

$17.11M

About Ensol Biosciences

Ensol Biosciences (KONEX: 140610) is a biopharmaceutical company that develops drugs for diseases that have no therapeutic alternatives, such as degenerative disc, osteoarthritis, cancer, Alzheimer's dementia, and type 1 diabetes. Ensol Biosciences was formerly known as Ensoltek. The company was founded in 2001 and is based in Daejeon, South Korea.

Headquarters Location

51, Techno 10-ro, Yuseong-gu

Daejeon, 34036,

South Korea

+82-42-939-4500

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Ensol Biosciences Patents

Ensol Biosciences has filed 4 patents.

The 3 most popular patent topics include:

  • Autoimmune diseases
  • Diabetes
  • G protein coupled receptors
patents chart

Application Date

Grant Date

Title

Related Topics

Status

3/24/2017

1/28/2020

Alzheimer's disease, Psychiatric diagnosis, Acetylcholinesterase inhibitors, Peripherally selective drugs, Clusters of differentiation

Grant

Application Date

3/24/2017

Grant Date

1/28/2020

Title

Related Topics

Alzheimer's disease, Psychiatric diagnosis, Acetylcholinesterase inhibitors, Peripherally selective drugs, Clusters of differentiation

Status

Grant

Latest Ensol Biosciences News

Korea’s biotech startups face tough investment climate2023.03.09 11:35

Mar 9, 2023

Korea’s biotech startups face tough investment climate 2023.03.09 11:35:02 | 2023.03.09 11:38:18 Receiver [Image source: Gettyimagesbank] Only four startups have received funding to develop novel therapies this year as investment in South Korea’ biotech and healthcare sector weakened. Among 15 biotech and healthcare startups that have sought to raise funds this year, only four were successful, The VC, a local market tracker, said Wednesday. This is a significant drop compared with last year when 17 companies received investments for pharmaceutical research and development during the same period. The four startups that received investments for drug development this year are Centenaire Biosciences, Ensol Biosciences, AbTis and AinB. Centenaire Biosciences, which is developing a breast cancer treatment based on antibody platform technology, received a 21-billion-won ($1.6 million) investment from Bionote. Ensol Biosciences, a KONEX-listed company, received a 5-billion-won investment from Humedix for the development of its osteoarthritis treatment. AbTis, an antibody-drug conjugate (ADC) developer, secured funding from Korea Venture Investment, while AinB, an artificial intelligence-based antibody therapy developer, received investment. Much of the investments this year came from strategic investors rather than financial investors. Investments from accelerators, venture capitalists and other financial investors in drug development companies have declined significantly. Last year, several financial investors such as SBI Investment and Stic Ventures invested in drug development companies. The amount of funding that drug developing startups received has also decreased significantly. The combined investment of the two companies whose funding was disclosed this year amounts to 26 billion won, which is less than half of the 545 billion won investment into BIORCHESTRA, the largest recipient of investment during the same period last year. With a smaller number of successful development cases, the diversity of pipeline investments has also dropped. This year, most of the investments went to biotech companies developing cancer drugs. In contrast, during the same period last year, startups with various pipelines such as diabetes, Alzheimer’s, stroke and Parkinson’s disease treatments received investments. By Shin Yoo-kyung and Minu Kim [ⓒ Pulse by Maeil Business News Korea & mk.co.kr, All rights reserved] THURS

Ensol Biosciences Frequently Asked Questions (FAQ)

  • When was Ensol Biosciences founded?

    Ensol Biosciences was founded in 2001.

  • Where is Ensol Biosciences's headquarters?

    Ensol Biosciences's headquarters is located at 51, Techno 10-ro, Yuseong-gu, Daejeon.

  • What is Ensol Biosciences's latest funding round?

    Ensol Biosciences's latest funding round is Corporate Minority - P2P.

  • How much did Ensol Biosciences raise?

    Ensol Biosciences raised a total of $17.11M.

  • Who are the investors of Ensol Biosciences?

    Investors of Ensol Biosciences include Humedix, Korea Venture Investment Corp., Shinhan Capital, Dt&Investment, KIWOOM Securities and 12 more.

  • Who are Ensol Biosciences's competitors?

    Competitors of Ensol Biosciences include InterveXion Therapeutics, Cognition Therapeutics, Arecor, Echelon Biosciences, BrightPath Biotherapeutics and 10 more.

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Compare Ensol Biosciences to Competitors

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Echelon Biosciences is a company that received a SBIR Phase I grant for a project entitled: Near Infrared Substrates for Imaging Autotaxin Activity In Vivo. Their project aims to synthesize ATXRed, an in vivo imaging agent that is specifically activated by the enzymatic activity of autotaxin. Autotaxin is an extracellular enzyme that generates the phospholipid growth factor lysophophatidic acid (LPA). LPA is involved in a variety of biological functions, such as angiogenesis, wound healing, brain development, immunological competence and the regulation of blood pressure. Both LPA and autotaxin have also been implicated in numerous diseases, especially metastatic cancer. Autotaxin was identified as one of the 40 most induced genes in aggressive breast cancer. The broader impacts of this research are the discovery and commercialization of tools that easily highlight specific biological pathways in living organisms. ATXRed will be welcomed by basic researchers in many fields associated with autotaxin and LPA. However, the utility extends beyond the basic research sphere. ATXRed smart probes could also aid pharmaceutical researchers searching for pharmacological inhibitors of autotaxin and LPA receptor agonists and antagonists. ATXRed would be a powerful tool in many rodent models of human cancer. In vivo autotaxin imaging probes could also aid in the clinic by helping to identify and monitor disease progression and treatment. Ultimately, ATXRed could help guide surgical resection of tumorstumors previously identified by the smart probe to have elevated autotaxin activity. In total, ATXRed probes have the potential to impact basic research, drug discovery and the clinic as a prime example of molecular medicine applied from bench to bedside.

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Transposagen Biopharmaceuticals

Transposagen Biopharmaceuticals is a biotechnology company. It develops and provides early gene editing technology for disease modeling, bioproduction, and phenotypic screening. The company serves the research needs of both academic and drug discovery investigators. It was founded in 2003 and is based in Lexington, Kentucky.

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IITRI Drug Discovery Division

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Carmot Therapeutics

Carmot Therapeutics is a clinical-stage biotechnology company. It is focused on the discovery and development of disease-modifying therapies for people living with metabolic diseases including obesity and diabetes. It utilizes chemotype evolution, a pioneering drug discovery platform, to identify novel incretin receptor signaling targets and develop a broad pipeline of therapeutics. The company was founded in 2008 and is based in Berkeley, California.

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InterveXion Therapeutics

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