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Bukwang Speeds Lead Asset As It Eyes Danish Operation's Listing

CNS Experts Hired As Contera Built Out

 
• By Jung Won Shin

Helped by a hefty financing earlier this year, Bukwang subsidiary Contera Pharma is poised to speed ongoing multinational Phase II trials with its lead asset for Parkinson’s-associated dyskinesia by hiring CNS experts as new top executives, as the Korean firm looks to take it public in ground-breaking move.

Parkinsons Disease
Contera Progresses Parkinson's Drug, Preps For Listing • Source: Shutterstock

South Korea’s Bukwang Pharmaceutical Co., Ltd. has hired new top management at Danish subsidiary Contera Pharma and continues to make preparations for Contera's listing on the Kosdaq market, in a move to generate new funding and speed up the clinical development of lead asset JM-010 for levodopa-induced dyskinesia in Parkinson's disease.

Copenhagen-based Contera, which focuses on the development of innovative drugs for the treatment of debilitating central nervous system disorders, was...

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