HLB Biostep Partners with EcoEnTech to Expand Primate Preclinical Services

Building Integrated Solution from Primate Testing to Bioanalysis Securing Exclusive Domestic Sales Rights, Pursuing Joint Southeast Asia Market Entry

Finance|
|
By Lee Jung-min
||
Baek Sung-jin (left), CEO of HLB Biostep, and Ki Hye-ran, CEO of Eco N Tech, pose for a photo after signing a memorandum of understanding (MOU) for cooperation on primate non-clinical testing services at HLB Biostep's Songdo Research Center in Songdo, Incheon, on the 28th. Photo courtesy of HLB Biostep - Seoul Economic Daily Finance News from South Korea
Baek Sung-jin (left), CEO of HLB Biostep, and Ki Hye-ran, CEO of Eco N Tech, pose for a photo after signing a memorandum of understanding (MOU) for cooperation on primate non-clinical testing services at HLB Biostep's Songdo Research Center in Songdo, Incheon, on the 28th. Photo courtesy of HLB Biostep

HLB Biostep (278650), a preclinical contract research organization (CRO), is joining hands with EcoEnTech, a company specializing in primate research resources, to expand primate-based preclinical testing services.

HLB Biostep said on the 29th that it recently signed a "memorandum of understanding (MOU) for cooperation in primate preclinical testing services" with EcoEnTech at its Songdo Research Institute in Incheon. The signing ceremony was attended by officials from both companies, including HLB Biostep CEO Baek Sung-jin and EcoEnTech CEO Ki Hye-ran.

Under the agreement, EcoEnTech will conduct primate preclinical testing and provide HLB Biostep with biological samples obtained during the testing process, including blood, serum, plasma, and tissue. HLB Biostep will use these to analyze drug concentration, pharmacokinetics (PK), and biomarkers, and will provide clients with results and interpretation.

The two companies will also pursue joint sales and client development. In particular, HLB Biostep plans to secure exclusive domestic sales rights for the primate pharmacokinetics testing service conducted by EcoEnTech, expanding its efforts to attract domestic new drug development projects. They will also jointly explore overseas business opportunities, centered on Southeast Asia.

Through this partnership, clients will be able to receive primate testing and biological sample analysis linked within a single system. The company expects that integrating the testing and analysis processes will shorten new drug development timelines and enhance data utilization.

As the development of advanced biopharmaceuticals such as antibody drugs, antibody-drug conjugates (ADCs), and gene and cell therapies has increased recently, demand for preclinical testing using primates, which have high physiological and genetic similarity to humans, is also rising. The importance of services that provide not only testing but also integrated analysis and data interpretation is growing as well.

HLB Biostep provides analysis services needed for new drug development, focusing on preclinical efficacy evaluation and bioanalysis. EcoEnTech specializes in the supply and breeding of primate research resources and animal testing, supporting preclinical testing for domestic and international pharmaceutical and bio companies.

"This agreement is an important turning point that expands the bioanalysis capabilities HLB Biostep has accumulated into the field of primate preclinical testing," HLB Biostep CEO Baek Sung-jin said. "We will strengthen our competitiveness in the domestic market and broaden our business area into global markets, including Southeast Asia."

"Primate preclinical testing is establishing itself as an essential research stage in the development of next-generation biopharmaceuticals," EcoEnTech CEO Ki Hye-ran stressed. "Through this agreement, we will combine our primate testing capabilities with HLB Biostep's bioanalysis technology to provide highly reliable integrated preclinical services and contribute to the global new drug development market."

Original reporting by Lee Jung-min for Seoul Economic Daily.

AI-translated from Korean. Quotes from foreign sources are based on Korean-language reports and may not reflect exact original wording.

Watch · Seoul Economic Daily

More →
4:33

AI KEY

Preview
Korean Corporate Intelligence HubKOSPI · KOSDAQ · 12 sectors

A live, cap-weighted view of every KOSPI and KOSDAQ sector, with same-day Korean reporting distilled by company — built for foreign investors, correspondents and analysts who need to scan Korea before the next session.

Korea Company Atlas

Preview
Market Ontology · The Feedback LoopKFTC 2025 · 92 groups · 121,954 articles

An English ontology of the Korean market — how companies, the media, the government and the National Assembly move each other in a loop. Korea's named controlling persons and designated business groups are a mechanism, not a risk to be priced blind.

SIGNAL

Pre-register
English Edition · Capital MarketsM&A · IPO · PE · Fund Flows

Pre-register for SIGNAL English Edition — a premium subscription bringing Korean capital markets coverage (M&A, IPOs, private equity, fund flows) to global institutional investors. First access to the 50% introductory rate.