Bio tech company updates — 9/24/2026
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Korean biotech venture funding has reached 1.93 trillion won this year, surpassing all of 2025, while drugmakers ramp up AI-savvy hiring and Korea delivers its first approved advanced regenerative therapy. These developments mark strong momentum in capital, talent, and clinical innovation across the sector.
Key Findings
- Korean biotech venture investment reached 1.93 trillion won through September, already exceeding the total for all of 2025, with pre-IPO funding up 131%.
- Korean drugmakers including Hanmi, Samjin and Daewoong are expanding hiring of researchers skilled in both AI and pharmaceutical science.
- South Korea delivered its first approved advanced regenerative therapy to a patient at Yeouido St. Mary's Hospital, targeting rare blood cancer relapse.
Details
Record venture funding. Investment in Korean biotech ventures hit 1.93 trillion won through September, topping the full-year total for 2025. Pre-IPO funding surged 131%, signaling strong late-stage investor confidence in the pipeline of emerging companies.

AI-pharma talent war. Leading Korean drugmakers — Hanmi, Samjin and Daewoong — are aggressively recruiting researchers who combine AI expertise with pharmaceutical science, reflecting the industry's shift toward AI-driven drug discovery.

First approved regenerative therapy delivered. A patient at Yeouido St. Mary's Hospital received South Korea's first approved advanced regenerative therapy, aimed at treating relapse of a rare blood cancer.

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