NOVOREX IBERICA, founded in 2020, operates in the pharmaceutical industry. The company recently secured a significant KRW11.50B Series A investment on 24 November 2023, attracting a consortium of notable investors including Company K Partners, KB Investments, UTC 2019 BioVentureFund, Woori Venture Partners, BNH Investment, Hana Ventures, AON Investment, Quad Asset Management, and Korea Technology Finance Corporation.