Alteogen

Alteogen

196170.KQ
South Korea

Alteogen is a publicly-traded South Korean biotechnology company that develops biosimilars and innovative drug delivery solutions. The company leverages proprietary technology platforms to create improved formulations of existing biologics and develop novel therapeutic candidates. As a leader in the Asian biosimilar market, Alteogen has established partnerships with global pharmaceutical companies and continues to expand its pipeline across multiple therapeutic areas.

196170.KQ · Stock Price

USD 355500.006500.00 (-1.80%)
Market Cap: $12.7B

Historical price data

AI Company Overview

Alteogen is a publicly-traded South Korean biotechnology company that develops biosimilars and innovative drug delivery solutions. The company leverages proprietary technology platforms to create improved formulations of existing biologics and develop novel therapeutic candidates. As a leader in the Asian biosimilar market, Alteogen has established partnerships with global pharmaceutical companies and continues to expand its pipeline across multiple therapeutic areas.

OncologyAutoimmuneBiosimilars

Technology Platform

Proprietary drug delivery and formulation technologies for enhanced bioavailability and stability of biological therapeutics, particularly focused on next-generation biosimilar development.

Pipeline

4
4 drugs in pipeline
DrugIndicationStageWatch
ALT02 + EU-licensed Herceptin + US-licensed HerceptinHealthyPhase 1
ALT-BB4 + 0.9%NaClHealth, SubjectivePhase 1
Eylea + ALT-L9Neovascular Age-related Macular DegenerationPhase 1
ALT-P7 (HM2-MMAE)HER2-positive Breast CancerPhase 1

Funding History

2
Total raised:$50M
IPO$30MDec 15, 2013
Series B$20MJun 15, 2011

Opportunities

Significant growth potential in the expanding global biosimilar market, particularly in Asia-Pacific regions.
The company's proprietary drug delivery technologies provide differentiation opportunities and potential for premium positioning in competitive biosimilar markets.

Risk Factors

Intense competition from global pharmaceutical companies and specialized biosimilar developers, regulatory approval uncertainties, and potential patent litigation from reference product manufacturers represent key challenges for continued growth.

Competitive Landscape

Operates in the highly competitive biosimilar market against both multinational pharmaceutical companies and specialized biosimilar developers. Differentiation through proprietary drug delivery technology platforms and strong position in the Asian market provide competitive advantages over pure-play biosimilar companies.