PROTIER Biotech Inc.
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PROTIER Biotech Inc. - overview
Established
2022
Location
Seoul, -, South Korea
Primary Industry
Biotechnology
About
Based in South Korea, PROTIER Biotech Inc. specializes in developing innovative biopharmaceuticals, focusing on targeted therapeutics that address critical medical needs, particularly in oncology. Founded in 2022, PROTIER Biotech Inc. is headquartered in Seoul, South Korea, and operates in the biopharmaceutical sector.
The company has successfully raised KRW 3. 5 billion in its most recent funding round, enabling it to expand its research and development capabilities. The founder, Hyun-tae Kim, has a background in biopharmaceutical ventures, contributing to the company's strategic direction. To date, PROTIER Biotech has completed one funding deal.
PROTIER Biotech Inc. specializes in the development of innovative biopharmaceuticals, focusing on targeted therapeutics through proprietary platforms such as TPD (Targeted Protein Degradation) and the Molecular Glue platform. These offerings aim to improve treatment efficacy for diseases, particularly cancers, by targeting and degrading malfunctioning proteins within cells. Services are primarily directed towards healthcare providers, research institutions, and pharmaceutical companies across North America, Europe, and select Asian markets.
In 2024, PROTIER Biotech reported zero revenue. The company generates revenue through strategic partnerships and collaborations with research institutions and pharmaceutical companies via licensing agreements for its TPD and Molecular Glue platforms, alongside milestone payments related to drug development. Looking ahead, PROTIER Biotech intends to utilize its recent funding of KRW 3. 5 billion, raised in March 2026, to accelerate the entry of its drug candidates into the preclinical stage.
Plans include expanding its research pipelines to address ovarian cancer. Additionally, the company aims to enhance its market presence in North America, Europe, and Asia by collaborating with more healthcare providers and research institutions.
Current Investors
Hana Ventures, Mirae Holdings, T Investment
Primary Industry
Biotechnology
Sub Industries
Biotechnology
Website
www.protierbiotech.com/
Company Stage
Early Stage
Total Amount Raised
Subscriber access only
PROTIER Biotech Inc. - financials
| Fiscal Year Ended | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|
| Revenue (USD) | - | - | - |
| % Revenue Growth (YoY) | - | - | - |
| EBITDA (USD) | - | - | - |
| Operating Income (USD) | - | - | - |
| Operating Margin | - | - | - |
| % EBITDA Margin | - | - | - |
| NET Income (USD) | - | - | - |
| % Net Margin | - | - | - |

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