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SN BioScience

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Developing cutting-edge platform technology

Seongnam-si, South KoreaFounded 2017Health Tech & Medtech
Valuation $50–100M Last recorded · 2020
Total funding $10–50M Disclosed equity funding
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About SN BioScience

Established in May 2017 by CEO Young-hwan Park, SN BioScience is a clinical-stage biotechnology firm located in Seongnam, South Korea, specializing in drug delivery systems for cancer therapeutics. Park, who holds a degree in pharmacy, leveraged approximately 20 years of experience in the pharmaceutical industry, including non-clinical and clinical research, drug delivery technology, and the commercialization of anticancer drugs, to found the company. His expertise in pharmacokinetics and nano-drug delivery technologies like liposomes and nanoparticles serves as the foundation for the company's research and development focus.

SN BioScience's business model centers on developing and commercializing advanced drug formulations for challenging medical needs. The company's core competency lies in its proprietary nano-drug delivery platforms, which include dual nano-micelle technology, albumin nanoparticle technology, and sustained-release liposome technology. This is supported by its PCI-Metric technology, a decision-making process used to optimize drug delivery solutions. The company has successfully overcome significant manufacturing hurdles, such as the scale-up production for nano-cancer drugs, and produces its clinical trial materials in an EU GMP-certified facility. Revenue is generated through out-licensing agreements for its drug candidates.

The company's lead product candidate is SNB-101, the first nanoparticle formulation of SN-38, the active metabolite of the anticancer drug irinotecan. This formulation, utilizing a double core-shell micelle technology, aims to improve the solubility and safety of SN-38, potentially reducing adverse events and allowing for its use in new cancer indications like lung, pancreatic, and stomach cancers. SNB-101 has received Orphan Drug and Fast Track designations from the U.S. FDA for small cell lung cancer (SCLC) and is advancing to Phase 2 clinical trials in the U.S., Europe, and South Korea, with a potential U.S. market entry targeted for 2028. Other pipeline products include SNA-001 for pancreatic cancer, SNA-002, a liposomal formulation for post-surgery pain, and SNA-003 for metabolic diseases.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2017
Headquarters
Seongnam-si, South Korea
Open positions
None listed
Dealroom signal
49.5/100
Industry
Health
Sub-industry
Health Platform
Sector
Health Tech & Medtech, Hard Tech
Technology
Artificial Intelligence
Links
Website

Funding history

6 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES BOther financing Jul 2020 $0 — SmileGate Investment · Hana Financial Investment · Widwin investment · Bonanza invest —
SERIES BOther financing Jan 2020 $10M $42M SmileGate Investment · COMES Investment · WONIK Investment Partners · SL Investment —
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Growth signals

SN BioScience website traffic

Latest recorded traffic for SN BioScience is 2.7K monthly website visits, up 200% over the last three months.

Latest monthly visits2.7K 3-month web change+200%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

12 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A12 investors entered at this stage

  • OCI Company Ltd
  • SmileGate Investment
  • COMES Investment
  • WONIK Investment Partners
  • SL Investment
  • Bokwang Investments
  • CKD Venture Capital Corporation
  • Bonanzq Private Equity
  • Hana Financial Investment
  • Widwin investment
  • Bonanza invest
  • Daekyo Investment
Team profiled 1 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇰🇷 South Korea · Seongnam-si HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about SN BioScience on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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