Youngchul Park agreed to acquire 24.43% stake in BL Pharmtech Corp. (KOSDAQ : A065170) from Bioleaders Corporation (KOSDAQ:A142760) for KRW 9.3 billion on March 12, 2024. Post the completion, Bioleaders will not hold any stake in BL Pharmtech and Youngchul Park will hold 24.61% stake. The disposal is being done for the reason of improving the financial structure and securing cash flow. The transaction is expected to close on March 28, 2024.

Youngchul Park completed the acquisition of 24.43% stake in BL Pharmtech Corp. (KOSDAQ : A065170) from Bioleaders Corporation (KOSDAQ:A142760) on March 28, 2024.