Novorex
Company

Last deal

$8.8M
Local Amount - KRW 11.5B

Amount

Series A

Stage

24.11.2023

Date

3

all rounds

$8.8M

Total amount

General

About Company
Novorex develops high-efficiency drugs for cancer and CNS diseases using AI and advanced technologies.

Industry

Sector :

Subsector :

founded date

01.03.2022

Number of employees

Company Type

For Profit

Last funding type

Series A

IPO status

Private

Description

Novorex, founded in 2020 and based in Seongnam, South Korea, is focused on developing GPCR-targeted small-molecule drugs using cutting-edge technology, including artificial intelligence. By combining biophysical analysis and in vitro/in vivo assays, Novorex aims to predict and verify small molecules that act on disease-targeting proteins. Their goal is to provide advanced treatment options for patients with cancer and central nervous system diseases, addressing areas such as neurological disorders, cognitive function, and cancer.