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Radar · Traditional Pharmaceuticals in South Korea

Best Traditional Pharmaceuticals Companies in South Korea

The 73 best Traditional Pharmaceuticals companies in South Korea in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Pangen Biotech.

73companies tracked
$10.2Mdisclosed funding
0unicorns
1have raised
Sources & further reading
  • HTF Market Intelligence
  • Coherent Market Insights
FLIAR INTELLIGENCE · TRADITIONAL PHARMACEUTICALS × SOUTH KOREA

Our analysis of 50 Traditional Pharmaceuticals companies

$3.2b in tracked funding; 51% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2016.

50companies analysed
51%cloud-native stacks
2016funding peak (by rounds)
1unicorns
1997median founding year

Ranked: Best Traditional Pharmaceuticals companies in South Korea

#CompanyDisclosed fundingEmployeesFounderTech stackWeb popularitySEO maturityMarket signals (1y)Patents & IP focusRecent signals
1Hanmi Pharm
Hanmi Pharm Co Ltd is a Korea-based company, engaged in manufacturing and marketing of medicines, medical…
—2,297—PHPBootstrapGSAP+15Top 5Mrich—3,367 patents
Peptide hormone agonist therapeutics and combination oncology regimens
—
2Boryung Pharmaceutical
Developer of finished formulations and APIs for a wide range of disease areas
—1,466Tae Choi
CEO
SentryNode.jsAnt Design+11Top 1Mbasic—14 patents
Formulation technologies for solid oral dosage forms and PI3K inhibitor cancer combos
—
3IlDong Holdings Company
Ildong Pharmaceutical Co Ltd is a Korean company which is engaged in manufacturing pharmaceutical products.
—1,451—————2 patents
Patents concentrated in health & consumer products
—
4JW Pharmaceutical
Developer and manufacturer of pharmaceutical products and medical devices
—1,218—JavaNaver Mapscore-js+6Top 5Mbasic—378 patents
Synthesis of heterocyclic pharmaceutical intermediates, notably finerenone and related benzimidazole derivatives.
—
5Daewon pharm
Manufacturer of pharmaceuticals and related healthcare products
—1,132—JavaApache TomcatCloudflare+8Top 1Mrich—25 patents
Improved oral drug formulations and nuclease-resistant RNA aptamer therapeutics for viral infections
—
6DongKook Pharma
Manufacturer and distributor of pharmaceutical products
—1,099—PHPNginxOpenResty+5Top 500krich——2 launchs · 1 partnership
7Handok
Developer of pharmaceuticals, medical devices, and healthcare products
—964Young Jin kim
CEO
JavaCloudflareUnpkg+12Top 5Mbasic3 signals
Contracts
161 patents
Topical/transdermal drug delivery formulations and recombinant growth hormone therapeutics, plus TRK inhibitor compounds.
—
8Korea United Pharm
Manufacturer of generic formulations
—885D Y Kang
President & CEO
JavaGSAPSlick+3Top 5Mbasic—308 patents
Cardiovascular combination drugs: statins with omega‑3s, cilostazol, lipophilic agents, herbal extracts.
—

Top 6 Traditional Pharmaceuticals companies in South Korea

#1
Public · Gyeongju si, North Gyeongsang Province · founded 2010 · 76 employees
$10.2Mraised
▾

Pangen Biotech is a developer of biosimilars and biologics. The products developed are EPO, Factor VIII, G-CSF, and biologics. The company focuses on the development and commercialization of the products.

Funding rounds
  • Nov 2024Post IPO$10.2M
  • Nov 2022Post IPO—
Founders & team
Jae JangPresident & CEOYoungboo kimCEO
Investors
Huons, CrystalGenomics, L&S Venture Capital, Atinum Investment, Mirae Asset Venture
#2
Late Stage · Seongnam-si, Gyeonggi-do · founded 1993
—raised
▾

Developer of pharmaceuticals and medical devices based on regenerative medicine. The organization focuses on creating products aimed at improving human health and well-being. It utilizes proprietary technology to extract and optimize DNA for use in its products. The company exports its products to multiple countries. It also shares company updates through press releases.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 3k LinkedIn followers — 2.4% of this cohort's audience
Activity: 1 awards announced in 12 mo
Founders & team
Kang seokCo-CEOKim kyuCo-CEO
Investors
CVC, Albatross Investment, GNTech Venture Capital
#3
Public · Seoul, Seoul · founded 1976 · 177 employees
—raised
▾

Seoul Pharma manufactures generic oral solid products. The products are of various therapeutic categories such as respiratory, infective, CV, GI, endocrinal, anti-obesity, etc. The company also has a SmartFilm Technology to produce orally disintegrating film products.

Investors
Q Capital Partners, Atinum Investment
#4
Deadpooled · Seoul, Seoul · founded 1990 · 50 employees
—raised
▾

Manufacturer of medicines and health foods catering to diabetic complications

Founders & team
JeongmyeonggiCEO
#5
Public · Siheung si, Gyeonggi do · founded 2008 · 639 employees
—raised
▾

CDMO providing oligonucleotide, mRNA, and small molecule services. This company offers contract development and manufacturing services across various therapeutic modalities. Their services encompass research and development, encompassing virtual and global R&D capabilities. They also provide analytical testing and quality control services. The company supports clients throughout the entire drug development lifecycle, from early-stage research to commercial manufacturing.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 3k LinkedIn followers — 2.4% of this cohort's audience
Founders & team
Kyungjin KimPresident/Ceo
Investors
E&Investment, Synergy IB investment, Shinhan Venture Investment
Tech stack
Amazon Web ServicesCdnjsCkeditorCloudflareFullcalendarHammer.Js
#6
Public · Incheon, Incheon · founded 2002 · 762 employees
—raised
▾

Developer of antibody biosimilars. Its lead product Rensima is a biosimilar version of infliximab that is used to treat rheumatoid arthritis and other autoimmune diseases. In addition, it has other biosimilar versions of rituximab, adalimumab, bevacizumab, palivizumab, cetuximab, and etanercept in the pipeline. In 2020, the company recorded annual revenues of $1.6 B and a net profit of $433.3 M.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 104k LinkedIn followers — 86.6% of this cohort's audience
Founders & team
Woo-Sung KeeCEO & President
Investors
Temasek, Atinum Investment, One Equity Partners, IMM Private Equity, SJL Partners, IMM Holdings
Tech stack
AosApache Http ServerApple Icloud MailAzureAzure Front DoorClipboard.Js

Funding & investor landscape

$10.2Mtotal disclosed funding
1companies funded
1disclosed rounds
0rounds last 90 days
Most active investors
Atinum Investment3 rounds
IMM Holdings3 rounds
Korea Investment Holdings3 rounds
Shinhan Venture Investment3 rounds
Synergy IB investment3 rounds
Aju IB Investment2 rounds
GNTech Venture Capital2 rounds
Kickstart Investment2 rounds
L&S Venture Capital2 rounds
POSCO Capital2 rounds

Notable founders

Jae Jang
President & CEO · Pangen Biotech
Youngboo kim
CEO · Pangen Biotech
Kang seok
Co-CEO · PharmaResearch
Kim kyu
Co-CEO · PharmaResearch
Jeongmyeonggi
CEO · Botha Bio
Kyungjin Kim
President/Ceo · ST PHARM
Woo-Sung Kee
CEO & President · Celltrion
Prism market signals · South Korea · country-scoped Prism corpus, 1,030,504 docs

Market landscape — 10 sub-themes by coverage

Share of Traditional Pharmaceuticals coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

RESEARCH SIGNALS · South Korea

How research on Drug Discovery is moving in South Korea

A read on the academic research around Drug Discovery — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 1,026 South Korea-affiliated papers.

research sentiment over time
201620222026
enthusiastic · positive · guarded tone
Tone is overwhelmingly optimistic and intensifying — the enthusiastic (strongly-positive) share moved 69% → 74% across 2016–2026.
top research entities
  • Ministry of Education92
  • Seoul National University79
  • Yonsei University59
  • Korea University54
  • Korea Advanced Institute of Science and Technology50
leading researchers
Hilal Tayara · Kil To Chong · Muhammad Yasir · Woo Youn Kim · Dharmendra Kumar Yadav · Jaechang Lim · Kyeong Lee · Chaok Seok
▲ Breakthroughs419 · 41%
▲ 22%→41% share
▲1.9× share momentum2 median citations93% since 2021mostly methods-led
Breakthroughs are rising (22%→41% of field), led by Computational biology.
rising sub-themes (early→recent)
  • Computational biology5→77
  • Chemical space4→43
  • Virtual screening2→37
  • Pharmacology2→25
  • Bioinformatics2→24
Newly emergingDocking (animal) 0→21 · In silico 0→21 · Organoid 0→17
Landmark SchNet – A deep learning architecture for molecules and materials · 2,101 cites
◆ Advancements428 · 42%
▲ 33%→43% share
▲1.3× share momentum2 median citations95% since 2021mostly reviews
Advancements are rising (33%→43% of field), led by Computational biology.
rising sub-themes (early→recent)
  • Computational biology6→83
  • Virtual screening1→69
  • Docking (animal)2→57
  • Pharmacology4→39
  • Bioinformatics1→29
Newly emergingDrug development 0→40 · In silico 0→40 · Drug repositioning 0→23
Landmark DeepConv-DTI: Prediction of drug-target interactions via deep learning with convolution on protein sequences · 682 cites
▼ Concerns98 · 10%
▲ 6%→9% share
▲1.5× share momentum6 median citations87% since 2021mostly reviews
Concerns are rising (6%→9% of field), led by Disease.
rising sub-themes (early→recent)
  • Disease1→15
  • Computational biology3→13
  • Pharmacology2→12
  • Bioinformatics3→9
  • Cancer1→4
Newly emergingDrug development 0→15 · Data science 0→8 · Mechanism (biology) 0→7
Landmark A review of computational drug repurposing · 299 cites
RESEARCH HOTSPOTS · South Korea

Where drug discovery is researched across South Korea

Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.

Seoul318 · +0.60
Hot · Computational biologyAdvancing · BioinformaticsOpportunity · In silicoConcern · Neuroscience
Daejeon155 · +0.65
Hot · GraphAdvancing · IntracellularOpportunity · Chemical space
Daegu60 · +0.39
Hot · Natural productAdvancing · ScaffoldOpportunity · Combinatorial chemistryConcern · Data science
Seongnam-si48 · +0.56
Hot · Virtual screeningAdvancing · DrugBankOpportunity · Computational biology
Busan40 · +0.52
Hot · ADMEAdvancing · Antiviral drugOpportunity · Docking (animal)
Gwangju39 · +0.66
Hot · File formatAdvancing · ReceptorOpportunity · Virtual screening
Jeonju33 · +0.45
Hot · OrganoidAdvancing · Artificial neural networkOpportunity · Computational biology
Incheon28 · +0.60
Hot · Virtual screeningAdvancing · Amyloid (mycology)Opportunity · Bioinformatics
Suwon25 · +0.45
Hot · DiseaseAdvancing · Identification (biology)Opportunity · In vivo
Ulsan16 · +0.63
Advancing · Computational biologyOpportunity · Covalent bond
PATENT SIGNAL · South Korea

Who's filing drug discovery patents in South Korea

South Korea drug discovery patent filing is accelerating — 133,215 filings from 8,000 assignees (2016–2025), led by LG Chemical, Samsung, Amorepacific; annual filings 10080→13976.

133,215 filings8,000 assigneespeak 15275/yr2016–2025
filing momentum (YoY 2016–2025)
top patent filers
  • LG Chemical7571
  • Samsung6868
  • Amorepacific6095
  • Hanmi Pharm IND3162
  • LG Household & Health CARE2882
  • Seoul NAT UNIV R&DB Foundation2349
  • Korea INST SCI & TECH2326
  • UNIV Korea RES & BUS Found2019

Common questions

How many Traditional Pharmaceuticals companies are there in South Korea?
Radar tracks 73 indexable Traditional Pharmaceuticals companies headquartered in South Korea that meet our profile-completeness bar.
What is the total funding raised by Traditional Pharmaceuticals companies in South Korea?
The Traditional Pharmaceuticals companies in South Korea on this list have raised a combined $10.2M in disclosed equity funding across 1 funded companies.
Which is the highest-funded Traditional Pharmaceuticals company in South Korea?
Pangen Biotech is the highest-funded Traditional Pharmaceuticals company in South Korea, with $10.2M in disclosed equity funding.
How many Traditional Pharmaceuticals companies in South Korea are funded?
1 of the 73 Traditional Pharmaceuticals companies in South Korea on this list have disclosed at least one equity funding round.
How many Traditional Pharmaceuticals unicorns are there in South Korea?
None of the Traditional Pharmaceuticals companies in South Korea on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in South Korea Traditional Pharmaceuticals companies?
The most active investors in South Korea Traditional Pharmaceuticals companies on this list include Atinum Investment, IMM Holdings, Korea Investment Holdings, Shinhan Venture Investment, Synergy IB investment.
Rohit KhannaTrends & Stories

Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.

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