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Worldwide web

How Hanmi is using a network of experts to build a pipeline with global reach

By Emily Cukier-Meisner, Senior Writer

Korean biotech Hanmi Pharmaceutical Co. Ltd. is on a mission to globalize. And with six out-licensing deals announced last year, the company appears to be reaping the rewards of its investment in both new technology platforms and a worldwide network intended to provide expertise and global reach.

Hanmi was founded in 1973 as a developer of generic drugs. Today it sells new salts, dosage forms and fixed-dose combinations of generic drugs in China and Korea itself, and worldwide via partnerships. The company reported a net profit of W43 billion ($35 million) in 2014.

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  • THE DISTILLERY brings you this week's most essential scientific findings in therapeutics, distilled by Innovations editors from a weekly review of more than 400 papers in 41 of the highest-impact journals in the fields of biotechnology, the life sciences and chemistry. The Distillery goes beyond the abstracts to explain the commercial relevance of featured research, including licensing status and companies working in the field, where applicable.

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