HEM Pharma has completed its second convertible bond issuance totaling 54 billion won ($40.4 million) led by GVA Asset Management. The funding will aid in expanding their production with Sejong Plant 2 to meet rising global demand. Institutional investors' participation underscores confidence in HEM Pharma's growth. The company is targeting commercial operation in the second half of 2027.
Company Information
Company
HEM Pharma
About
HEM Pharma is a microbiome healthcare company focused on innovative probiotic products and microbiome analysis services. The company is expanding its operations to meet increasing global demand for personalized probiotics. HEM Pharma has successfully secured orders and is constructing a new plant to enhance production capabilities. It aims to enter major markets like the U.S. and Japan by 2027.
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