Company intelligence / Profile preview

Chong Kun Dang Pharmaceutical

Seoul, Seoul, South Koreackdpharm.com ↗
Ownership
Public · 185750
Employees
~2400
Development stage
Commercial
01

Overview

Chong Kun Dang has a robust clinical pipeline with several commercialized drugs in Korea and Asia. Notable achievements include the first Korean FDA approval for export to the US market. Recent highlights include a $1.3 billion technology transfer deal with Novartis for an HDAC6 inhibitor program and ongoing development of innovative therapies in oncology and metabolic diseases. The company invests heavily in R&D (~150 billion KRW/year) to expand its global presence

Therapeutic areas
CardiovascularEndocrinologyHematologyOncologyRare Diseases
Modalities
Small moleculesbiologicsbiosimilarsbispecific antibodies
Industry
Biotech
02

Drug pipeline

86 assets

Newrabell

Approved

85 more assets in the full pipeline.

03

Partnerships

Novartis (HDAC6 program)GC Biopharma (Neulapeg co-marketing)Healis Therapeutics (neuromodulator protein development)Aclipse Therapeutics (lobeglitazone licensing)
04

Financials

Market cap
$613.2M
Total revenue
$1.3B
Enterprise value
$693.1M

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