Daewon Pharmaceutical Co., Ltd. is a South Korean pharmaceutical company founded in 1958 and headquartered in Seoul. It primarily manufactures and sells a wide range of medicines and medical supplies, focusing on circulatory system drugs, respiratory medicines, antibiotics, chemotherapy agents, and psychoneurosis treatments. Its core product portfolio includes Oramin-F Soft Cap (a multivitamin), Pelubi Tablet (a nonsteroidal anti-inflammatory drug for pain relief), Freefol-MCT Injection (microemulsion propofol targeting anti-exogenous infectious bacteria), Megex-I Suspension (for nutritional supplementation in cancer patients), Trigel Suspension (for gastritis and duodenal ulcer therapy), and Renamezin Cap (a spherical carbonaceous adsorbent for chronic kidney disease). The company operates domestically in South Korea and exports products to approximately 40 countries across Asia, Central and South America, the Middle East, the CIS, and Africa.
Recent major developments include a strategic co-development partnership with Ildong Pharmaceutical and its subsidiary Yunovia for next-generation gastroesophageal reflux disease treatments and a potassium-competitive acid blocker drug candidate. In 2025, Daewon Pharmaceutical completed a Phase 1 clinical trial in Vietnam for DW1021, a synthetic pain reliever combining its flagship product Pelubi with Tramadol, marking the company as the first Korean pharmaceutical to conduct such a trial in Vietnam. It plans further clinical trials and product registration there. The company is also advancing its health functional food branding to consolidate market share domestically. Additionally, Daewon reported ongoing research and development efforts in novel H+/K+-ATPase inhibitors for reflux esophagitis treatment.
Daewon operates in the specialty and generic drug manufacturing sector, serving healthcare providers and patients primarily in South Korea and various international markets. It maintains advanced production facilities and emphasizes research and development to innovate and expand its product lineup. The company employs over 1,200 employees and continues to solidify its market position through product development, strategic alliances, and geographic expansion with a subsidiary in Vietnam among other initiatives.
Overall, Daewon Pharmaceutical remains a significant player in South Korea's pharmaceutical industry with a comprehensive product range, active R&D pipeline, and strategic collaborations for novel drug development and market expansion.