Hyundai Pharm Holds 2026 Fiscal Year Opening Ceremony

Announcement of Achievements and Operational Plans by Business Division

Hyundai Pharm announced on December 2 that it held the opening ceremony for the 2026 fiscal year on December 1, during which the company presented its achievements for the 25th term and unveiled its management policies and key operational plans for the 26th term.

Award recipients are taking a commemorative photo at the Hyundai Pharm 2026 fiscal year opening ceremony. Hyundai Pharm

At the ceremony, Hyundai Pharm CEO Lee Sangjun highlighted the main achievements of the 25th term, including the successful launch of the dementia combination drug "DMDuo Tab," growth in the ethical pharmaceuticals business, and progress in the phase 2b clinical trial of the innovative new diabetes treatment HDNO-1605 currently under development.

In the food and cosmetics sectors, the company expanded the Miero Fiber brand by launching products such as Salt Lemon and Sparkling Zero. The cosmetics business also restructured its distribution channels to focus on online platforms, achieving strong sales results on single platforms such as Naver.

The operational plan for the 26th term, which was subsequently announced, outlined revenue expansion strategies for each business division. For ethical pharmaceuticals (ETC), the company aims to improve operational efficiency and strengthen sales activities through enhanced academic capabilities. For over-the-counter (OTC) medicines, the focus will be on introducing new products and strengthening market competitiveness. In the food sector, Hyundai Pharm will seek to enter new markets with new products, while the cosmetics division will further advance its online-focused distribution strategy to boost sales.

In the field of new drug development, the company plans to reinforce its foundation for future growth by achieving clinical success and focusing its capabilities on securing additional strategic products. Company-wide initiatives include strengthening division-level responsible management, improving profitability through cost optimization, enhancing management information analysis and utilization, and continuously understanding and leveraging AI trends.

CEO Lee stated, "In the 26th term, we will strengthen the capabilities of our employees through a performance-oriented HR system and an advanced performance management system, and we will improve productivity and stabilize quality by refining our resource management system. With a goal of achieving double-digit sales growth, we will make company-wide forecasts, share them, and establish a foundation for renewed growth."

This content was produced with the assistance of AI translation services.