Business · Companies · 4 hrs ago

GC Biopharma wins 170 billion won for under-skin immune treatment

GC Biopharma wins 170 billion won for under-skin immune treatment

South Korean company GC Biopharma was selected for National Growth Fund support to develop an under-the-skin form of immunoglobulin.

The support totals 1.7 trillion won.

Immunoglobulin is made by separating and purifying antibodies from blood plasma.

It is used to supply antibodies to people with primary immunodeficiency and to treat some autoimmune and nervous system disorders.

The company says the funding will speed development of the treatment for the US.

The funding is intended to support this development, but no further steps or timeline were specified.

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