Aug. 13 at 11:12 PM
$AEON 4. Production by Daewoong Pharmaceutical (FDA/Health Canada/EMA-Compliant):
• Daewoong manufactures ABP-450 in a cGMP-compliant facility approved by FDA, Health Canada, and EMA.
• Impact: Ensures reliable production, minimizing quality risks and supporting faster regulatory approval.
About Daewoong Pharmaceutical: Daewoong Pharmaceutical, a leading South Korean pharma company founded in 1945, develops and manufactures drugs, including Nabota® (ABP-450), the first Asian botulinum toxin with FDA approval (via Evolus as Jeuveau). It operates globally, exporting to 100+ countries, with 2023 revenue of ~
$890M and operating profit of ~
$97M. Listed on Korea Stock Exchange (069620.KS), its market cap is ~
$1.1-1.4B (1.5-1.9T KRW) as of August 2025. Daewoong invests heavily in R&D, including biosimilars and innovative drugs.