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´ã´ãÇß´Ù. Çß´Ù. µÈ ¼ø Àؾî¹ö·È¾ú´Ù. Ä¿ÇǸ¦ 󸮸¦This article was released as Pharm Edaily Premium Content on May 19, 2025, at 9:09 AM.


[Lim Jeong-yeo, Edaily Reporter] OrganoidSciences stocks rallied on Friday, bolstered by positive momentum from its recent listing on Kosdaq market. Coreline Soft performed strongly upon announcement of favorable development in French market penetration. Curacle, on the other hanÄÚ¿À·Õ ÁÖ½Ä
d, showed a sharp fall following the announcement of a shareholder-allotted rights offering.
OrganoidSciences Surges
According to KG Zeroin¡¯s MP Doctor (formerly Market Point), Org¿Â¶óÀÎ¹è°æ
anoidSciences hit its intraday upper limit and closed at 45,550 won, up 21.14% (7,950 won) from the previous trading day. Just a week after listing on May 9, the company¡¯s stock price has doubled fromÀÎÅͳÝÁõ±Çȸ»ç
its IPO price of 21,000 won.



OrganoidSciences stock prices(Credit=MP Doctor)



OrganoidSciences is a company ¹«·á¸±°ÔÀÓ
specializing in the development of human tissue-derived organoid technologies and is attracting attention as a beneficiary of the U.S. Food and Drug Administration¡¯s (FDA) announcement to phase out anȲ±Ý¼º°ÔÀÓ¾îÇÃ
imal testing.

The company was founded in October 2018 by CEO Yoo Jong-man, who leveraged his research on adult stem cell-based organoid platform technologies developed during his tenure at CHA University. OrganoidSciences has developed regenerative therapies for the intestine and salivary glands (technology name: ATORM), as well as drug evaluation tools (technology name: ODISEI).
Through its recent IPO, the company raised 25.2 billion won and allocated the net proceeds of 24.4 billion won --after underwriting expenses -- entirely to clinical trials and R&D. Including existing cash reserves, the funds are expected to support R&D through 2028.
OrganoidScience has implemented lock-up agreements on its shares post-IPO: 16.73% of shares are under a one-year lock-up, 27.67% under a three-year lock-up, and CEO Yoo¡¯s 25.67% stake is locked up for five years. Key shareholders who have agreed to the one-year lock-up include CHA Biotech, KH Green, CHA University Industry-Academic Cooperation Foundation, and Asan Foundation.
Additionally, financial investors including Company K Partners, Atinum Investment, Korea Development Bank, Aju IB Investment, LB Investment, Timefolio Asset Management, Korea Investment & Securities, Wonik Investment Partners, ENInvestment, Mint Investment Partners, and Dongwha Pharm have agreed to a one-month lock-up, collectively holding 37.72% of shares.
Coreline Soft Secures Foothold in France
Coreline Soft, an AI diagnostic company known for its lung cancer screening tools, gained momentum after announcing its entry into the French public healthcare market. In a press release issued the same day, the company stated that it had been registered with UGAP, France¡¯s national public procurement agency. This allows all public hospitals and healthcare institutions in France to purchase Coreline Soft¡¯s products directly through the UGAP catalog without separate bidding procedures.
The company also plans to showcase its AVIEW product lineup through interactive demonstrations at SIT 2025, a leading European thoracic imaging conference, to be held May 23 through 24 in Marseille, France.



Coreline Soft stock chart(Credit=MP Doctor)



Coreline Soft¡¯s stock closed at 6,490 won this dya, up 11.13%(650 won) from the previous day. The news is expected to have a positive impact on investor sentiment regarding Coreline Soft¡¯s ongoing rights offering.

The company is currently conducting a 23.3 billion won shareholder-allotted rights offering, with unsubscribed shares to be offered to the public. CEO Kim Jin-guk holds an 11.20% stake, and including related parties, the total controlling stake amounts to 20.07%. Retail investors hold a 64.43% stake.
The raised capital is earmarked entirely for operating funds. The initial offering price is set at 4,580 won, with the final price to be determined on May 29. KB Securities and Hanyang Securities are serving as underwriters.
Coreline Soft¡¯s ability to reduce personnel and R&D expenses relative to growing revenue is seen as critical to achieving profitability. The company¡¯s efforts to establish a data acquisition base in Asia, particularly China, are also drawing attention. A company representative stated, ¡°Through our recent collaboration with Suhai, we are now able to stably secure high-quality clinical data in China, the world¡¯s largest data market. Given the high-cost structure of medical AI development due to clinical data acquisition, preprocessing, and labor, our partnerships across key Asian markets are expected to drastically reduce time and financial risks.¡±
Curacle Plummets Following Rights Offering Announcement
Curacle shares dropped 15.99% (990won) to close at 5,200won on Friday, after announcing a 28.6 billion won shareholder-allotted rights offering. The decline was attributed to the newly issued shares being priced at a tentative 4,085 won. The final issue price will be determined on July 30, with Hanyang Securities serving as underwriter.



Curacle stock chart(Credit=MP Doctor)



The rights offering will follow a shareholder allocation with general public subscription for forfeited shares. Existing shareholders will be allotted 0.499 new shares per share held. Subscription for existing shareholders will take place over two days, August 4 and 5. A short selling restriction period will be in effect from May 17 to July 30.

The participation rate of Executive Chairman Kwon Young-geun, Curacle¡¯s largest shareholder with a 12.95% stake, is expected to influence investor sentiment and company image. Retail investors currently hold 73.55% of the shares.
Curacle previously raised 48.1 billion won in its July 2021 IPO, which has been fully used. In June 2023, the company secured 20 billion won through a convertible bond issuance, with KRW 15.3 billion currently managed in financial products. As of end-March, Curacle holds 27.2 billion won in cash equivalents.
Proceeds from the upcoming rights offering are allocated as follows: 27.9 billion won for operating funds and 600 million won for miscellaneous expenses.
ÀÓÁ¤¿ä (kaylalim@edaily.co.kr)


 
 

 
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