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Pharma & CDMOKOSDAQ 1876603 trials

Penetrium Bioscience Inc.

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A Hyundai Bioscience-affiliated biotech developing cancer drugs via its Penetrium(TM) platform, alongside CRO services.

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Business overview

Source: DART corporate disclosure

Founded in 2003 and listed on KOSDAQ in 2021, Penetrium Bioscience is a biotech drug developer acquired by Hyundai Bioscience Co., Ltd. in May 2024. It builds its pipeline around Penetrium(TM), a drug-delivery platform, while providing CRO services. Its bio TF team licensed drug-delivery tech from Hyundai Bioscience for breast/lung cancer drugs via a June 26, 2024 deal worth KRW 9.1bn upfront plus milestones.

Products & technology

  • Contract Research Organization (CRO) ServiceClinical trial design, operation/management, data management and statistics, pharmacovigilance (PV), regulatory affairs (RA), and quality assurance (QA) for pharmaceutical/biotech clients across Phase 1-3 trials

Clinical trials

data.go.kr

3 MFDS clinical trial authorisations · 2020–2025 (Phase 1 1 · Phase 2a 1 · Phase 2 1)

  • Phase 1Penetrium(TM)2025-12-09

    1 trial site

  • Phase 2aAP-1012021-12-29

    1 trial site

  • Phase 2CDA-012020-07-08

    4 trial sites

R&D and key agreements

Source: DART corporate disclosure

유방암 항암제 (약물전달체 기반) · 유방암 · Acquired a portion of exclusive patent license (Patent 10-2378590, held by C&Pharm and We Biotree) from Hyundai Bioscience under a June 26, 2024 Exclusive License Transfer Agreement: KRW 9.1bn upfront, KRW 6.5bn on US Phase 2 success, KRW 5.0bn on US Phase 3 success, KRW 5.0bn on US approval, plus running royalties of 3-10% of net sales by tier

폐암 항암제 (약물전달체 기반) · 폐암(비소세포폐암 등 고형암) · Exclusive license acquired from Hyundai Bioscience under the same June 26, 2024 agreement; prepared mass production of clinical-grade drug in cooperation with Daegu-Gyeongbuk Medical Innovation Foundation (K-Medi Hub) and Yuyoung Pharm

고형암 치료제 (약물전달체 기반, IND 1상) · 고형암(유방암·폐암 등) · IND 1상 승인(2025.12.09, 식품의약품안전처) · Received Investigational New Drug (IND) Phase 1 approval from the Ministry of Food and Drug Safety on December 9, 2025 (source sentence is truncated beyond this point)

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Sources and updates

Company basics
Korea Exchange · DART
Business content
Compiled from disclosure filings
AI visibility
Measured 2026-08-13

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