Onconic Therapeutics develops drug candidates for cancer and gastrointestinal diseases.
Seoul-based Onconic Therapeutics, a subsidiary of Jeil Pharmaceutical, conducts research and development of drugs for cancer and gastrointestinal diseases. Its candidates include OCN-201, an anti-cancer drug, and Zastaprazan (OCN-101), a potassium-competitive acid blocker for gastric acid-related diseases. In December 2022, it raised KRW 26 billion in Series B funding from AJU IB Investment, K2 Investment Partners, KDB Bank and SL Investment to support clinical trials and development approvals.
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