Seung-kook Park, CEO of HanAll Biopharma Awarded of the Pres..
HanAll Biopharma\'s large-scale technology export of its bio new drug was chosen as one of the \'Top 10 Science & Technology News of the Year\' of the Republic of Korea in 2017, which was selected by the Korean Federation of Science and Technology Societies(KOFST).
HanAll Biopharma has succeeded in exporting
technology and rights of HL161, an autoimmune disease therapeutic antibody drug
under phase 1 clinical study, to Roivant Sciences in Switzerland for USD 502.5
million in December. This is the first large-scale technology export case of antibody
drug developed in Korea.
HanAll Biopharma’s new antibody drug for autoimmune
disease therapy is currently attracting attention as a treatment for severe
autoimmune diseases such as myasthenia gravis, pemphigus, chronic
thrombocytopenia, neuromyelitis optica, polyneuropathy and lupus nephritis that
have no distinct therapeutic agent.
KOFST announced \'Top 10 Science & Technology News of the Year\' selected after reflecting results of three times of review at the selection committee(Chairperson Lee Myung-Chul, President of the Korean Academy of Science and Technology, and 30 others) and online and mobile voting of 6,396 people in science and technology fields and the general public.
Regarding HanAll Biopharma’s entry into the global
market, the KOFST said, “It is a case of technology export of domestically
developed antibody drug for more than KRW 500 billion.” “With the research and
development of companies related to new bio-drugs and biosimilars, generic
versions of expensive biologic drugs, continues to perform well in the global
market,” it added.
"The research and development achievements of
biosimilars related to biopharmaceuticals and generic drugs continue to perform
well in the global market."