• Topics
    • AI & Big Data
    • AR & VR
    • Blockchain
    • Clean Technology
    • Content & Games
    • Cybersecurity
    • Enterprise & SaaS
    • FinTech
    • Gadgets & Electronics
    • Health & Bio
    • IoT
    • Marketplaces & E-commerce
    • Robotics
    • Transportation & Logistics
    • Investments
    • Ecosystem & Lists
  • Interviews
  • Events
    • ComeUp
    • NextRise
  • Governments
    • KISA
    • KISED
    • KOCCA
    • KOTRA
    • MSS
    • NIPA
    • SBA
    • SFL
  • Programs
    • SGSC Global Bootcamp 2021
    • LAUNCHPAD
    • COMEUP STARS 120
    • K-Startup Grand Challenge
    • TIPS X beSUCCESS Global Project
    • SFL Global Program
  • Investment Opportunities
    • SGSC Demo Day
    • Launchpad France Demoday
    • TIPS Global Demoday
    • Launchpad USA Demoday
    • Launchpad Indonesia Demoday
  • Submit an Article
  • register
  • login
No Result
View All Result
No Result
View All Result
Home Health & Bio

Korean company PENS Co., Ltd. aspires to enter the Biomaterial health & wellness products market

KoreaTechDesk Writer by KoreaTechDesk Writer
January 5, 2021
in Health & Bio
0
Korean company PENS Co., Ltd. aspires to enter the Biomaterial health & wellness products market

Biomaterial

0
SHARES
366
VIEWS
Share on FacebookShare on Twitter

Biomaterials or a substance made to fit in with biological systems are being widely used for medicinal treatment or therapies. Many science-based companies are looking at developing biomaterials for various ailments and conditions. Korean startup PENS Co., Ltd. is a science-based company that plans its growth in health and wellness through biomaterials.

Targeting Height Growth & Osteoporosis treatment

PENS Co., Ltd. is developing various domestic sources of biomaterials that can be used for various conditions like osteoporosis, height growth, kidney function, cardiopulmonary function, immunity, etc. The research-based startup is currently selecting and analyzing over 20 indicator materials for the purpose.

The majority of parents and children are worried about height growth and existing drugs are costly and with side-effects. Osteoporosis is a raging problem amongst the elderly with patients suffering frequent fractures, especially affecting women over 50. PENS Co., Ltd. wants to help these two groups with a more effective solution.

Currently, it is focussing on two conditions – one is the problem of height growth among children, and the second is osteoporosis among the silver generation. The startup wants to develop biomaterials that can overcome the limitations of the existing treatments that include hormone intakes, which can have harmful side effects in the long run.

The startup has registered two domestic patents and applied for two overseas PCTs for its products. For height growth a composition containing a component of
Korean ‘Humulus japonicus’ as an active ingredient and a health functional food are patented.

PENS’ two SCI papers based on the results of cell and animal experiments related to height growth will be published in international journals in the second half of 2020:

  1.  ‘A Mixture of Humulus japonicus Increases Longitudinal Bone Growth Rate in Sprague Dawley Rats’ (JOURNAL OF NUTRIENTS)
  2.  ‘Effect of Humulus japonicus complex on Bone Growth and IGF-1 levels in Rats’

Expecting tremendous growth in coming years

The company’s business model is to enter the biomaterial market in various sectors as food, herbal, pharmaceuticals, etc. PENS has chalked out the growth line starting with research at the PENSBIO research institute, then producing and distributing through global agencies and online presence. The company is seeing a significant market opportunity in China, especially its height growth product, and will be tying up with global distribution companies as partners.

The startup is headed by Kim Hong Sik. He holds a Ph. D. in Public Health and has worked with the National Institute of Health, Korea Food Research Institute, and he also has experience in developing a Malaria diagnosis kit. PENS Co., Ltd. Has several expert science researchers on board as part of the team and advisors. The startup is looking to start its Prototype this year and enter the China market. The startup wants to enter Southeast Asia, North and South America, Europe, Australia, Japan, etc. in the coming years.

What’s your thoughts?
+1
0
Upvote
+1
0
Clap
+1
0
Clap
+1
0
On fire
+1
0
Meh
+1
0
Clap
+1
0
Tags: "Yonsei_Entrepreneurial_Center_PortfoliosbiomaterialsHealth & WellnessHeight growthKorean StartupOsteoporosis
Previous Post

beSUCCESS Media Group partners with Entrepreneurship World Cup to organize South Korea National competition

Next Post

South Korean AI startup Nota raises $6.7M Series A funding from Samsung SDS, LG CNS and others

Next Post
Nota

South Korean AI startup Nota raises $6.7M Series A funding from Samsung SDS, LG CNS and others

0 0 votes
Article Rating
Subscribe
Login
Notify of
Please login to comment
0 Comments
Inline Feedbacks
View all comments
No Result
View All Result

Follow Us

FREE NEWSLETTER




PRODUCTS

Most Popular

  • Top Korean Dating apps that can help you make new connections in South Korea

    12 shares
    Share 12 Tweet 0
  • 10 K-Dramas to watch for some ‘money matters’

    0 shares
    Share 0 Tweet 0
  • Top 3 Websites where you watch Korean drama & movies

    12 shares
    Share 12 Tweet 0
  • Korean Webtoon companies that are giving the audience addictive content

    15 shares
    Share 0 Tweet 0
  • Korean startups that are putting the planet first

    0 shares
    Share 0 Tweet 0
  • Three Restaurant Apps to try out for a fine dining experience in South Korea  

    9 shares
    Share 9 Tweet 0
  • Leading telemedicine platform Dr. Now attracts $ 31 million Series B investment

    0 shares
    Share 0 Tweet 0
  • Korean Ministry selects 60 promising startups for the ‘Baby Unicorn’ project 2022

    0 shares
    Share 0 Tweet 0
  • 13 Reasons Why Seoul is the best city for startups to launch their business 

    0 shares
    Share 0 Tweet 0
  • Proptech startup Zigbang receives $27 million investment from VC Association fund

    0 shares
    Share 0 Tweet 0
  • Facebook
  • Instagram
  • LinkedIn
  • Twitter

Copyright © 2021 KoreaTechDesk | About Us | Sponsorships| Terms of Use |Privacy Policy |Cookie Policy Contact: [email protected] DMCA.com Protection Status

No Result
View All Result
  • Topics
    • AI & Big Data
    • AR & VR
    • Blockchain
    • Clean Technology
    • Content & Games
    • Cybersecurity
    • Enterprise & SaaS
    • FinTech
    • Gadgets & Electronics
    • Health & Bio
    • IoT
    • Marketplaces & E-commerce
    • Robotics
    • Transportation & Logistics
    • Investments
    • Ecosystem & Lists
  • Interviews
  • Events
    • ComeUp
    • NextRise
  • Governments
    • KISA
    • KISED
    • KOCCA
    • KOTRA
    • MSS
    • NIPA
    • SBA
    • SFL
  • Programs
    • LAUNCHPAD
    • COMEUP STARS 120
    • K-Startup Grand Challenge
    • TIPS X beSUCCESS Global Project
    • SFL Global Program
  • Investment Opportunities
    • Launchpad France Demoday
    • TIPS Global Demoday
    • Launchpad USA Demoday
    • Launchpad Indonesia Demoday
  • Submit an Article
  • Forums
  • register
  • login

Copyright © 2021 KoreaTechDesk | About Us | Sponsorships| Terms of Use |Privacy Policy |Cookie Policy Contact: [email protected] DMCA.com Protection Status

Posting....
wpDiscuz
0
0
Would love your thoughts, please comment.x
()
x
| Reply

Insert/edit link

Enter the destination URL

Or link to existing content

    No search term specified. Showing recent items. Search or use up and down arrow keys to select an item.