30514
Wealthier
World Economy

Wealthier

The South Korean man who founded two drug companies those are among Asia’s best-performing stocks for the past year is seeing his fortune climb after vaulting into the region’s billionaire’s club. Hanmi Science Co. has surged 971% while its subsidiary Hanmi Pharmaceutical Co. has gained 805% through Monday over the last 12 months after a string of licensing deals with global drug makers. The rally gave founder Lim Sung-ki a net worth of about $2.7 billion as of Monday’s close, according to the Bloomberg Billionaires index. Hanmi Pharm has in recent months entered into partnerships with international companies including Janssen Pharmaceuticals Inc., Sanofi and Eli Lilly Co. for drugs it is developing as potential treatments for conditions such as diabetes and rheumatoid arthritis.

 

Short URL : http://goo.gl/Ei31rq
  1. http://goo.gl/OckrrS
  • http://goo.gl/DjH1X4
  • http://goo.gl/UOK2ob
  • http://goo.gl/LjneY5
  • http://goo.gl/eHDJsS

You can also read ...

Mexico Hit by Major Bribery Scandal
Mexico is the latest country caught up in the swirling scandal...
Catalan regional vice-President and chief of Economy and Finance, Oriol Junqueras (2ndL), Spain’s King Felipe VI (7thL), Spanish Prime Minister Mariano Rajoy (6thL), President of Catalonia Carles Puigdemont (9thR), Spanish vice-President of the Government and Minister of the Presidency and of the Regional Administrations Soraya Saenz de Santamaria (5thL), Barcelona’s mayor Ada Colau (8thR), President of the Catalan parliament Carme Forcadell (4thL) and officials observe a minute of silence for the victims o
European stocks continued to trade deep into the red on Friday...
Pan-European stocks were down on Friday following falls in Asian and US stocks overnight.
European stocks continued to trade deep into the red on Friday...
Malaysia GDP grew 5.8% year-on-year in the second quarter.
Malaysia’s economic growth accelerated unexpectedly to the...
The economy is on track to meet full-year target growth.
The Philippine economy grew by 6.5% in the three months to...
Indonesia’s First Trade Deficit in 19 Months
Indonesia posted its first trade deficit since late 2015 in...
Taiwan Raises GDP Growth
Solid demand for the components Taiwan pumps out for tech...
The Industrial and Commercial Bank of China
Chinese banks are set to see a slowdown in lending growth in...

Trending

Googleplus