Huons Global Co Ltd - Company Profile
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Business Description
Huons Global Co Ltd (Huons) develops, manufactures, and markets a wide range of pharmaceutical and healthcare products across multiple sectors. The company focuses on pharmaceuticals, biopharmaceutical research and development, aesthetics, medical devices, and health food. It generates income through trademark licensing fees, management consulting fees, dividends, and rental income.
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R&D Overview
The company's R&D activities focus on expanding its total healthcare portfolio and enhancing global competitiveness through sustained investment and subsidiary-driven innovation. The company, together with its affiliates like Huonslab and PanGen Biotech, is advancing innovative therapeutics and platform technologies. The main priorities consist of biologics and drug-delivery innovations, specifically the human hyaluronidase programs, for instance, Hydizyme/HLB3-002, which is designed to simplify the subcutaneous administration of antibodies and additional drugs. The pipeline also targets high unmet medical needs, including Alzheimer’s disease, obesity, and diabetes, while improving established products in areas such as eye care and aesthetics. The company further strengthens capabilities in botulinum toxin development and supports growth in health supplements and functional foods through ingredient-based innovation. To accelerate development and commercialization, Huons integrates R&D and production across subsidiaries and actively pursues global regulatory approvals example, FDA/EMA for key pipeline assets. In FY2024, the company spent KRW65,758.3 million on its R&D activities, which as a percentage of revenue stood at 8.1% and grew 10.4% YoY.
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