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Muk Hyun-sang, who led the 2.2 trillion won national new drug R&D, appointed as CEO of ...

Published

13 August 2026

Topic

opportunities

Sectors

Biotech

Geography

South Korea

Source

Read at venturesquare.net

Verified

Fusion42 · 13 August 2026 · Fusion42 review

Muk Hyun-sang, who led the national drug R&D project with a budget of approximately 2.2 trillion won, has been appointed CEO of Newpass Bio. The company aims to move its drug pipelines from research to commercialisation, focusing on osteoarthritis, autoimmune diseases, immuno-oncology, and expanding cartilage regeneration technology into pet pharmaceuticals.

This Wire brief sits within Fusion42's coverage of Biotech.

◆ The Wire takeaway

Your biotech venture faces a shift from research to commercial drug development led by a proven executive with massive national R&D experience. Expansion into pet pharmaceuticals opens a new adjacent market to pursue immediately.

Coverage

1 source · 13 Aug 2026

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Topics

Biotechdrug-developmentleadership-changecommercialisationcartilage-regenerationpet-pharma