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Ildong Pharmaceutical operates about 20 R&D pipelines

By Chon, Seung-Hyun | translator Choi HeeYoung

22.07.28 12:15:48

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Five new drug candidates, including diabetes drugs and anticancer drugs, enter the clinical stage

R&D costs have tripled in two years despite losses for seven consecutive quarters

Cooperate with 3 subsidiaries to improve efficiency and speed of new drug development

Ildong Pharmaceutical is using an aggressive new drug development strategy, risking a deficit for seven consecutive quarters. Ildong Pharmaceutical is operating about 20 new drug pipelines, and five of them have entered the clinical stage. It is focusing on enhancing the performance and possibility of new drugs by establishing a cooperation system with R&D subsidiaries. According to IR data from Ildong Pharmaceutical on the 28th, the company has a total of 20 new drug pipelines at the group level. New drugs are being developed in areas such as metabolic diseases, NASH, COVID-19, ophthalmic diseases, neurological diseases, cardiovascular diseases, and cancer.

Among them, five cases, including diabetes treat

Chon, Seung-Hyun(1000@dailypharm.com)
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