KY19382, also I dont think he was joking. People seem overly hyped. The drug has alot of potential, but it wont be a 'cure'.
They're currently doing series B funding. Transltation from latest press release on their website: (9th Feb)
"CK Biotech Inc. is a series in which 5 institutions including Korea Development Bank, Yozma Group Korea, Knet Investment Partners, Synergy Ivy Investment, and Biohub participate in two years of attracting Series A 6 billion in December 2018. By attracting 13.55 billion B, it laid the foundation for clinical trials on non-alcoholic steatohepatitis (NASH), obesity, baldness, and wounds through tissue regeneration.
CK Biotech is a company that pursues the development of innovative (first-in-class) new drugs. It was started in October 2016 by Professor Kang-yeol Choi of Yonsei University as a faculty establishment, and by controlling the fundamental principles of stem cell activation regulation, problems are solved. Instead of using a lot of cell therapy, they are developing treatments that regenerate damaged tissues in intractable diseases.
In particular , skin anti-aging, baldness, non-alcoholic steatohepatitis (NASH), using original technology that safely activates the Wnt/ b- catenin signaling pathway, which plays a key role in tissue regeneration in vivo . New drugs are being developed to fundamentally treat intractable diseases, such as metabolic diseases such as obesity and diabetes, which are unsatisfactory in medical demand, but lack of treatment or fundamental treatment development is limited.
CK Biotech's diseases of interest are incurable diseases in which the protein CXXC5 is significantly increased in patient tissues, and thus the wint signaling system is suppressed and the tissue regeneration function is lost. By discovering and improving substances that inhibit protein-protein binding with a protein called Dishevelled, which is a mechanism for inhibiting winter signal transmission by CXXC5, over the past 10 years, it shows therapeutic effects by restoring the regeneration function of biological tissues lost in patients. It is being developed as an innovative regenerative treatment.
In the case of low-molecular compound candidates being developed, by activating stem cells in vivo to restore the patient's tissue regeneration function (e.g., skin regeneration, liver protection and tissue regeneration in NASH, regeneration hair follicle formation), It was confirmed that it shows an excellent effect close to the fundamental treatment. Currently, preclinical trials have been completed for major candidates for development, and preparations for clinical trials are in progress. It aims to grow into a global renewable and innovative new drug company by completing phase 1 and 2 clinical trials for NASH and baldness treatment within the next few years."
씨케이바이오텍 (CK Biotech Inc.)은 2018년 12월 시리즈A 60억 유치 2년만에, 한국산업은행, 요즈마그룹코리아, 케이넷투자파트너스, 시너지아이비투자, 바이오허브등5개 기관이 참여하는 시리즈B 135.5억을 유치하여 조직재생을 통한 비알콜성지방간염(NASH), 비만, 대머리, 상처 등에 대한 임상시험 발판을 마련했다. 씨케이바이오텍 은 혁신형(First-in-class)신약 개발을 추구하는 기업으로, 최강열 연세대학교 교수가 교원창업으로 2016년 10월 시작한 기업으로, 줄기세포 활성화조절에 대한...
ckbiotech.co.kr