Huons Co., Ltd. (243070.KQ) develops, manufactures, and markets pharmaceutical and biopharmaceutical products in South Korea and internationally. The company offers a diverse portfolio of generic and branded pharmaceuticals, including anti-infectives such as antibiotics and antivirals; cardiovascular drugs like antihypertensives and lipid regulators; central nervous system medications encompassing antidepressants and antipsychotics; gastrointestinal treatments including proton pump inhibitors; oncology therapeutics; and vaccines; alongside medical devices, plasma derivatives, and contract development and manufacturing organization (CDMO) services for biologics. Huons operates primarily in the healthcare sector, targeting hospitals, pharmacies, and wholesalers, with production facilities in Seongnam, South Korea, where it was founded in 1973 and maintains its headquarters.
Recent developments include the launch of new biosimilar products, such as a denosumab biosimilar for osteoporosis treatment approved in 2024, and expansion into advanced biologics manufacturing through investments in cell and gene therapy platforms. In 2023, Huons formed a strategic partnership with a leading U.S. biotech firm for co-development of next-generation antibody therapeutics and completed a funding round exceeding KRW 200 billion to support R&D and global market entry into Southeast Asia and Europe. The company also acquired a subsidiary focused on rare disease treatments in late 2024, enhancing its pipeline in orphan drugs and specialty pharmaceuticals.