InnoTherapy, Inc. (KOSDAQ:A246960) agreed to acquire 98.04% stake in NVC 2019 Bio Health Care Investment Association for KRW 5 billion on October 15, 2019. Under the terms of the transaction, InnoTherapywill acquire 500 shares of NVC 2019 Bio Health Care Investment Association. For the year ended December 31, 2018, NVC 2019 Bio Health Care Investment Association reported total assets of KRW 11.2 billion. The transaction is resolved by the Board of Directors of InnoTherapy. The transaction is expected to close on October 27, 2023.