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Huons Biopharma held a groundbreaking ceremony for its third plant at Jecheon Industrial Complex No. 1, investing 70 billion won (approx. $53 million) to expand production capacity for its botulinum toxin product Liztox. The plant is expected to be completed by 2024.
Huons BioPharma signed a deal potentially worth 97.2 billion won ($83.4 million) with Germany's Haemato Pharm to supply its Hutox botulinum toxin for sale in 29 European countries. The deal includes clinical trials in Europe, with marketing expected to begin in 2025.
| Site | Largest | Latest |
|---|---|---|
| Jecheon Industrial Complex No. 1, South Korea | $53.0M | 2023-07-25 |