Pharos iBio

Anyang, South Korea Founded: 2016 • Age: 10 yrs
Therapeutics for oncology and rare diseases are provided.
Annual revenue - Latest available
Total funding $15.9M 1 rounds
Employees 32 Tracked headcount
Investors 7 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About Pharos iBio

Pharos iBio is a company based in Anyang (South Korea) founded in 2016. Pharos iBio has raised $15.86 million across 1 funding round from investors including Company K Partners, UTC Investment and Solidus Investment. The company has 32 employees as of December 31, 2024. Pharos iBio operates in a competitive market with competitors including Moderna, BridgeBio, Spark Therapeutics, Rhythm Pharmaceuticals and Horizon Therapeutics, among others.

  • Headquarter Anyang, South Korea
  • Employees 32 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Healthcare
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Legal Name Pharos Ibio Co., Ltd.
Operational Areas
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    -$7.16 M (USD)
    -19.21
    as on Dec 31, 2024
  • EBITDA
    -$8 M (USD)
    -25.09
    as on Dec 31, 2024
  • Total Equity Funding
    $15.86 M (USD)

    in 1 rounds

  • Latest Funding Round
    $15.86 M (USD), Series C

    Jun 23, 2021

  • Investors
  • Employee Count
    32

    as on Dec 31, 2024

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IPO & Listings of Pharos iBio

Pharos iBio is a publicly listed company on the KRX with ticker symbol 388870 in South Korea, operating in the Health technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: KRX · Ticker: 388870 · Sector: Health technology · South Korea

Funding Insights of Pharos iBio

Pharos iBio has successfully raised a total of $15.86M through 1 strategic funding round. The most recent funding activity was a Series C round of $15.86 million completed in June 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Pharos iBio

Pharos iBio has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Company K Partners, UTC Investment and Solidus Investment.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital firm investing in tech startups
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Venture capital and private equity investment firm
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Investments & Acquisitions by Pharos iBio

Investments
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Financial Statements - Pharos iBio

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Pharos Ibio Comparisons

Pharos iBio Primary company
Description
Therapeutics for oncology and rare diseases are provided.
Location
Anyang, South Korea
Founded Year
2016
Annual Revenue
Not available
Net Profit
-$7.16 M (USD)
EBITDA
-$8 M (USD)
Employees
32
As of 2024
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Peer comparison for Pharos iBio

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Competitors of Pharos iBio

Pharos iBio operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Moderna, BridgeBio, Spark Therapeutics, Rhythm Pharmaceuticals and Horizon Therapeutics, among others.

Company Name Domain Founded year HQ Location Description
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mRNA-based therapeutics for diseases including cancer and infections are developed.
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Therapeutics for genetic diseases are developed through targeted interventions.
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Gene therapies for rare diseases including retinal dystrophies are developed.
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Developer of peptide therapeutics for the treatment of rare genetic deficiencies
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Developer of drugs for treating rare and autoimmune diseases
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Small molecule drugs for rare diseases are developed.
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Detailed competitors of Pharos iBio

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Latest news on Pharos Ibio

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Frequently Asked Questions about Pharos iBio

Pharos iBio was founded in 2016 and raised its 1st funding round 5 years after it was founded.

Pharos iBio is headquartered in Anyang, South Korea. It is registered at Anyang, Gyeonggi-do, South Korea.

Jeonghyeok Yoon is the current CEO of Pharos iBio.

Pharos iBio is a funded company, having raised a total of $15.86M across 1 funding round to date.

As of Dec 31, 2024, the latest employee count at Pharos iBio is 32.

Pharos iBio was established in 2016 in Anyang, South Korea, within the biotechnology sector. Focus is placed on developing therapeutics targeting oncology and rare diseases. The pipeline includes drug candidates like PHI-101-001 for acute myeloid leukemia, PHI-101-002 for ovarian cancer, PHI-101-003 for metastatic triple-negative breast cancer, and PHI-401 for ALK-mutated lung adenocarcinoma, along with other programs in progress. Operations center on advancing these candidates through clinical development.

Pharos iBio's top competitors include Moderna, Spark Therapeutics and BridgeBio.

Yes, Pharos iBio is publicly traded on KRX under the ticker symbol 388870.

Pharos iBio has 7 investors. Key investors include Company K Partners, UTC Investment, Solidus Investment, Intops Investment, and KBD Capital.

The ticker symbol of Pharos iBio is 388870 on KRX.

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