HOME / ABOUT US / History
Registered patent of ENPP1 inhibitor (Korea 3, Australia 1, Russia 1)
ENPP1 inhibitor, TXN10128, Phase 1 change planning IND approved
Singed ADC·new small molecule anti-cancer medicine MOU with LigaChem Biosciences for research
Completed free capital increase 1,200 % (capital change $ 0.25 m → $ 3.7 m)
ENPP1 inhibitor, TXN10128, Phase 1 change planning IND submitted
Selected as Top3 biotech in 2024 Start-in-tech competition (All pick by whole judging panels)
Signed MTA with HLB Life Science Co., Ltd.
Awarded Super Gap Startup Incubation Program (DIPS 1000+) grant by the Ministry of SMEs and Startups
Singed MOU for AI-assisted novel drug development (AIGENDRUG CO., Ltd.)
Signed contract for IPO lead Securities Company (Korea Investment & Securities Co., Ltd.)
Presented a poster describing preclinical studies of TXN10128 at the 2023 SITC annual conference in San Diego
Closed second Series B funding round (Korea Venture Investment Corp. Well to Sea, IBK, Woori Bank, Woori Financial Capital. Hyundai Pharm. C&R Research)
Awarded Korea Drug Development Fund grant for clinical development of ENPP1 inhibitor
First patient received first dose of TXN10128
Successfully completed KDDF grant for preclinical development of ENPP1 inhibitor in advance of completion date
Officially opened phase I clinical trial of TXN10128 at Asan medical center in Seoul
Awarded Global company support program grant to acquire a molecular modeling system (Ministry of SMEs and Startups)
Applied IND for clinical development of TXN10128 was approved
Completed IND submission for clinical development of ENPP1 inhibitor, TXN10128
Signed the agreement of strategic investment with Hyundai pharmaceuticals and started collaboration for novel drug development
Selected as a company receiving matching fund from Korean venture investment
Closed first part of series B funding
(Korea investment Partners, Company K investment,
Solidus investment, Daily Partners,
Meditox venture investment)
Successfully completed Tech Incubator Program
for Startup korea grant
Launched a collaboration with HK inno.N
for novel drug development
Exchanged MOU with K-MEDI Hub
Exchanged MOU with Ahngook Pharm.
Awarded Korea Drug Development Fund grant
for ENPP1 inhibitor
Awarded ministry of science
and information communication grant
Participated in the 2022 BIOUSA conference
Awarded bioresearch data generation support grant
Awarded AI voucher support grant for ULK1 inhibitor
Awarded Korea Drug Development Fund grant
for ULK1 inhibitor
Opened animal facility (named “spleen”)
Exchanged MOU with AnaPath for pre-clinical development
Participated in the 2021 BIO-EUROPE ®
Presented poster
at the 2021 AACR-NCI-EORTC annual conference
Exchanged MOU with HK Inno.N Corp.
Completed Series A funding round
(Korea Investment Partners, Schmidt,
DSC investment, Company K investment)
Closed 2nd angel funding round
Opened headquarter and R&D center at Gwanggyo
Certified as a corporate affiliated research institute
Certified as a venture business corporation
Awarded Tech Incubator Program
for Startup Korea (TIPS) grant.
Completed Pre-A funding round
(Korea Investment Partners, Schmidt, DSC investment)
Closed 1ST angel funding round
Launched Txinno Bioscience inc.
Started as Incubator Team #2 of BioStar project at KIST