Chairman Jin Yang-gon Increases HLB Innovation Stake, Citing Confidence in Verismo CAR-T Achievements

Jin Yang-gon, Chairman of HLB Group, has further increased his stake in HLB Innovation, reaffirming his confidence in the company’s value growth based on the achievements of Verismo’s CAR-T therapy.

According to HLB Innovation on May 11, Chairman Jin purchased an additional 8,000 shares of the company on May 8, following an acquisition of 14,500 shares on May 7. The total number of shares purchased over the two days amounts to 22,500.

Since the beginning of this year, Chairman Jin has been consistently acquiring shares of HLB Innovation. Starting with the purchase of 100,000 shares on January 31, he has bought a total of 229,500 shares over six separate transactions to date.

This latest increase in stake is seen as a reflection of expectations for the achievements in the development of Verismo’s CAR-T therapy, which is considered a key driver for HLB Innovation’s future corporate value.

Last month at the American Association for Cancer Research (AACR 2026), Verismo released interim Phase 1 clinical data for its solid tumor CAR-T therapy, SynKIR-110. The initial clinical results confirmed both safety and efficacy signals, raising expectations for further clinical expansion.

SynKIR-110 is a therapy based on the KIR-CAR platform, designed to address T cell exhaustion. It is drawing attention as a new alternative in the solid tumor field where existing CAR-T therapies have struggled to deliver results.

The CAR-T therapy for hematologic cancers, SynKIR-310, also had its preclinical and early clinical data presented at AACR 2026. The therapy demonstrated improved anti-tumor efficacy and T cell persistence compared to existing CAR-T treatments, highlighting its potential as a next-generation CAR-T therapy for blood cancers.

An HLB Innovation official stated, “Based on Verismo’s CAR-T therapy development achievements, we will steadily advance subsequent clinical trials and strive to enhance both corporate and shareholder value.”

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