History

2024 - 2018

  • Y2024 AL101-AMD Clinical Phase 3 IND Approved for Wet Macular Degeneration Treatment

  • Y2023 Technology transfer of AL101-AMD, a treatment for wet macular degeneration
       (Hallym Pharmaceutical/Sangmyung Innovation)
       Completed Phase 2a clinical trial for AL101-OME, a treatment for otitis media with effusion

  • Y2022 Completed Phase 2 clinical trial for AL101-AMD, a treatment for wet macular degeneration
       Completed Phase 2a clinical trial for AL101-MASH, a treatment for metabolic syndrome-related
       fatty liver disease
       Completed Phase 2 clinical trial for AL102-PDT, a treatment for periodontal disease
       Development of an antibody conjugated with a photosensitizer (APC) through joint research with
       external institutions (selected for a project by the Ministry of SMEs and Startups)

  • Y2019 ~ Y2021 V.C. funding 8.5 billion KRW

  • Y2019 Signed a MOU on PASylation technology with XL-protein
       Received the Korea Industry Grand Prize in Biotechnology Award from Money Today
       Received the Korea KONEX Award for Best Technology by the Korea Exchange

  • Y2018 Launched sales of Ob-X on home-shopping channels

2017-2010

  • Y2016 Listed in KONEX

  • Y2013 ~ Y2016 V.C. funding 12 billion KRW

  • Y2015 AL101-AMD Phase 2 IND approved

  • Y2012 Started sales of Ob-X in Korea and overseas

  • Y2010 Ob-X approved as a functional ingredient with health claim by MFDS

2009-2004

  • Y2009 Completed Phase 2 clinical trial of AL101-AOB for abdominal obesity

  • Y2007 Awarded INNO-BIZ certification by the SMBA (Small and Medium Business Administration)

  • Y2006 Attracted capital from the KDB (Korea Development Bank) for technology development

  • Y2005 Selected as an 'Excellent Company' by the Korea Technology and Credit Guarantee Agency

  • Y2004 ~ Y2009 Awarded numerous research grants from the Ministry of Health & Welfare and the SMBA for
       developing new drugs

2003-1999

  • Y2000 Research center was certified

  • Y1999 Recognized as a start-up with good technology