Investment Summary

Nexturn Invests In RosVivo Therapeutics

On May 30, 2021, Nexturn invested in life science company RosVivo Therapeutics

Investment Highlights
  • This is Nexturn’s 1st transaction in the Life Science sector.
  • This is Nexturn’s 1st transaction in the United States.
  • This is Nexturn’s 1st transaction in Nevada.

Investment Summary

Date 2021-05-30
Target RosVivo Therapeutics
Sector Life Science
Investor(s) Nexturn
Deal Type Stake Purchase

Target

RosVivo Therapeutics

Reno, Nevada, United States
RosVivo Therapeutics targets diseases with breakthrough therapies utilizing microRNA (miRNA) and small interfering-RNA (siRNA) drugs. Discovery research conducted by Dr. Seungil Ro’s laboratory recently identified key miRNAs responsible for the onset and development of Type 2 Diabetes (T2D). Preclinical studies show depletion of these key miRNAs leads to the development of not only T2D, but also obesity, fatty acid liver disease, hyperlipidemia, and gastroparesis. Remarkably, restoration of these miRNAs reverses these disease states. RosVivo Therapeutics is unique in that the miRNA drugs are developed will help rescue several metabolic disease states not just alleviate symptoms. RosVivo Therapeutics is based in Reno, Nevada.

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Investor(S) 1

Investor

Nexturn

Yongin-Si, South Korea

Category Company
Founded 2000
Sector Machinery
Employees56
Revenue 41.3B KRW (2023)
DESCRIPTION

Nexturn offers the main spindle moving CNC large automatic lathe, the main spindle fixed large automatic lathe. The company's products include CNC Swiss-type Automatic Lathe; High-Temperature Display Glass Press; and Automatic Line-up Robot. Nexturn was founded in 2000 and is based in Yongin, South Korea.


DEAL STATS #
Overall 1 of 1
Sector (Life Science) 1 of 1
Type (Stake Purchase) 1 of 1
State (Nevada) 1 of 1
Country (United States) 1 of 1
Year (2021) 1 of 1