Investments
6Portfolio Exits
1Partners & Customers
5About Bukwang Pharmaceutical
Bukwang Pharmaceuticals is focused on developing therapeutics to enhance global health. For over 50 years, Bukwang has kept a clean and robust track record, which forms the basis for the trust that its employees and shareholders hold in Bukwang. The company's sales structure has its primary roots on original, prescription products and is supported by a wide array of over-the-counter drugs and personal hygiene amenities. Bukwang's products are fruits of extensive cooperation with partners in Germany, France, Spain, and Japan.
Bukwang Pharmaceutical Headquarter Location
7, Sangdo-ro Dongjak-gu
Seoul, 06955,
South Korea
+82 (0)2 828 8114
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Bukwang Pharmaceutical Rank
Latest Bukwang Pharmaceutical News
Mar 17, 2022
Bukwang Announces Completion of SOL-804’s Phase 1 clinical trial 기사공유하기 Kim Min-jee Headquarters of Bukwang Pharmaceutical Bukwang Pharmaceutical announced the completion of SOL-804’s phase 1 clinical trial through Dyna therapeutics, a subsidiary company of Bukwang. This study is for finding the right dosage of the drug and conducted in Seoul National Univ. hospital with 40 patients. It was compared to Zytiga as a control drug in the safety, tolerance, and pharmacodynamics characteristics and was conducted in a way of randomized, crossed, and single dose administered. SOL-804 is an improved and proprietary formulated version of a currently available drug for the treatment of metastatic castration-resistant prostate cancer. It is expected to improve the convenience and drug compliance of the patients. Buwang is going to conduct a clinical trial for the permission after dose finding with this result of SOL-804’s phase 1 study. This is a strategy for the rapid permission and Bukwang will secure the advantage compared to the control drug(Zytiga) through conducting another clinical trial which finds out if it would improve the problem of taking steroids. The global market size of prostate cancer has been getting bigger and passed over 12 trillion dollars in 2019. It will reach 23 trillion dollars in 2027. The subsidiary of Bukwang, Dyna Therapeutics (“Dyna”) registered a composition patent for anti-cancer drug ‘SOL-804’ (Title: Solid oral formulation of lipophilic compound) to the U.S. The patent is also approved in Japan, Eurasia, Europe, Australia, Mexico, and Singapore, etc. Bukwang has been also improving new immuno-oncology therapeutics for global markets targeting the AhR pathway through JaguAhR Therapeutics, a joint venture between Bukwang and ASLAN Pharmaceuticals. Bukwang is also focusing on CAR-T treatment with another bio venture, ImmPACT Bio USA Inc. It is developing a novel set of engineered T-cell therapeutics that target loss of genes in solid tumors. Bukwang said, “They secured funding to improve anti-cancer medicine which requires great expense through joint management with OCI.” 저작권자 © Korea IT Times 무단전재 및 재배포 금지
Bukwang Pharmaceutical Investments
6 Investments
Bukwang Pharmaceutical has made 6 investments. Their latest investment was in ImmPACT Bio as part of their Series B on January 1, 2022.
Bukwang Pharmaceutical Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
1/20/2022 | Series B | ImmPACT Bio | $111M | No | 15 | |
8/5/2020 | Series A | |||||
11/13/2019 | Series A | |||||
5/29/2019 | Corporate Minority | |||||
5/6/2016 | Series B |
Date | 1/20/2022 | 8/5/2020 | 11/13/2019 | 5/29/2019 | 5/6/2016 |
---|---|---|---|---|---|
Round | Series B | Series A | Series A | Corporate Minority | Series B |
Company | ImmPACT Bio | ||||
Amount | $111M | ||||
New? | No | ||||
Co-Investors | |||||
Sources | 15 |
Bukwang Pharmaceutical Portfolio Exits
1 Portfolio Exit
Bukwang Pharmaceutical has 1 portfolio exit. Their latest portfolio exit was Acer Therapeutics on September 20, 2017.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
---|---|---|---|---|---|
9/20/2017 | Reverse Merger | 3 |
Date | 9/20/2017 |
---|---|
Exit | Reverse Merger |
Companies | |
Valuation | |
Acquirer | |
Sources | 3 |
Bukwang Pharmaceutical Acquisitions
1 Acquisition
Bukwang Pharmaceutical acquired 1 company. Their latest acquisition was Contera Pharma on September 29, 2014.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
---|---|---|---|---|---|---|
9/29/2014 | Series B | $45.03M | Acquired | 2 |
Date | 9/29/2014 |
---|---|
Investment Stage | Series B |
Companies | |
Valuation | |
Total Funding | $45.03M |
Note | Acquired |
Sources | 2 |
Bukwang Pharmaceutical Partners & Customers
5 Partners and customers
Bukwang Pharmaceutical has 5 strategic partners and customers. Bukwang Pharmaceutical recently partnered with ASLAN Pharmaceuticals on September 9, 2019.
Date | Type | Business Partner | Country | News Snippet | Sources |
---|---|---|---|---|---|
9/30/2019 | Partner | Singapore | ASLAN Pharmaceuticals and Bukwang Pharmaceutical establish a joint venture , JAGUAHR Therapeutics , to develop novel immuno-oncology therapies . | 2 | |
7/3/2019 | Partner | ||||
10/16/2018 | Partner | ||||
5/31/2018 | Partner | ||||
12/4/2013 | Licensor |
Date | 9/30/2019 | 7/3/2019 | 10/16/2018 | 5/31/2018 | 12/4/2013 |
---|---|---|---|---|---|
Type | Partner | Partner | Partner | Partner | Licensor |
Business Partner | |||||
Country | Singapore | ||||
News Snippet | ASLAN Pharmaceuticals and Bukwang Pharmaceutical establish a joint venture , JAGUAHR Therapeutics , to develop novel immuno-oncology therapies . | ||||
Sources | 2 |
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