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See today's BioWorld Asia
Home » Aprogen listed as South Korea’s first biotech unicorn
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Aprogen listed as South Korea’s first biotech unicorn

Dec. 17, 2019
By Jihyun Kim
HONG KONG - With a corporate valuation of $1.04 billion, the South Korean biosimilar company Aprogen Inc. has become the country’s first biotech “unicorn,” according to U.S. market research firm CB Insights. Korea now ranks fifth, tied with Germany, in terms of the number of unicorns, with total of 11 unicorns, a term used to describe private ventures with $1 billion-plus valuations. The U.S has a total of 210 unicorns, followed by China with 102, the U.K. with 22 and India with 18.
BioWorld Asia Financings Biosimilar Asia-Pacific

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