Genexine, Inc. announced a merger with EPD Biotherapeutics (hereinafter referred to as 'EPD Bio') to strengthen its research workforce with expertise in PROTAC technology and enhance Genexine?s drug pipeline. Jaehyun Choi, Ph.D. founder and CEO of EPD Bio, joins Genexine as head of R&D. EPD Bio founder and CEO Dr. Jaehyun Choi, an expert in the field of targeted protein degradation technology, previously worked at Arvinas, a global leader in PROTAC (Proteolysis targeting chimera) technology and held research and scientific positions at Samsung Advanced Institute of Technology and Trillium Therapeutics. Following the merger, Dr. Choi will join Genexine as a representative director in charge of R&D along with EPD Bio's core research team.

Mr. Hong will continue as a representative director overseeing corporate development and business management.