DanDi Bioscience

https://n.news.naver.com/article/008/0004477492  

This post has been translated from the original article dated 9/28/2020. 

[Reporter Kim Gun-woo, Money Today]

Jin Yang-gon, chairman of HLB Group, acquired an additional stake in Next Science. It is analyzed as the possibility of the bio business and the confidence in the success of the kombucha business.

On the 28th, Next Science announced that Chairman Jin Yang-gon bought 831,935 shares over the counter, increasing the stake from 3.59% to 6.16%. After buying 748,512 shares in November last year and 193,456 shares in March this year, the company expanded its stake again.

It also signed a convertible bond call option contract worth 2.8 billion won. exercise the right to convert in the future

Chairman Jin's control over Next Science is expected to further strengthen.

In addition, Chairman Jin’s two children also bought 64,540 shares and 20,000 shares of Next Science, respectively. The two children also acquired 4115 and 4090 shares of HLB at the end of last year.

This is analyzed as confidence in the growth potential of Next Science's bio subsidiary Dandi Bio and Kombucha production subsidiary Fresico.

DandiBio is currently working with Professor Geun-Woo Lee of the Molecular Design Lab at Gyeongsang National University to discover new drug candidates and diagnose dementia. In addition, last September, they signed a business agreement with Professor Kim Jong-seung of Korea University and Professor Lee Kun-ho of Chosun University's Department of Biomedical Science for joint research on dementia diagnosis and shared growth. In the first half of next year, it plans to enter phase 1 clinical trials for sepsis treatment in the United States.

Freshico sells ‘I’m Alive Kombucha,’ a naturally fermented health drink, at Olive Young, Costco, and Lotte Department Store. Recently, the plant's utilization rate is approaching 100% due to the explosive increase in demand, and in preparation for the rapid market expansion, expansion of the PET bottle production line in addition to the existing glass bottle is in the final stage.

An official from Next Science said, “The reason why the largest shareholder is expanding his stake with his children is because he is confident in the growth potential of the company. are doing," he said.

Reporter Kim Kun-woo jai@mt.co.kr