Philosys Co., Ltd. announced that it has received KRW 4 billion in funding from Dongwha Pharm.Co.,Ltd
April 25, 2018
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On April 26, 2018, Philosys Co., Ltd. closed the transaction. The company received KRW 2,000,000,000 in its second and final tranche close. The company as received a total of KRW 4,000,000,000 in the transaction.
DONGWHA PHARM.CO., LTD is a Korea-based company engaged in the manufacture of pharmaceuticals. The Companyâs products consist of ethical drugs, including digestive system remedies, antibiotics, cardiovascular and metabolic disease treatments, non steroidal anti-inflammatory drugs, respiratory remedies, muscle relaxants, nervous system remedies, dermatological remedies and urinary system remedies, and over-the-counter (OTC) drugs, including cold remedies, dental remedies, dermatological remedies, hepatic protectors, nutrients, tonics, topical analgesics, anti-smoking agents and others. It also provides medicine raw materials, health food and drinks, as well as cosmetics. The Company distributes its products within domestic market and to overseas markets.