History

Company Highlights

LABnPEOPLE is a Bio venture company established in 2016.

2021

2020

2019

2018

2017

2022

2016

Selected as a Future Unicorn Company by the Ministry of Science and ICT (MSIT)
Entered Costco with Magnesium Patch products
Confirmed China market entry for Daewoong Pharmaceutical’s 'Easyderm' brand
Entered Olive Young with in-house brand 'AC Magnesium Patch'

ODM Partnership with Daewoong pharmaceutical company
OEM Partnership with EIG group in Malaysia
NDA Partnership with Shiseido HQ

ISO 13485 Certified
Established GMP Manufacturing Facility
Selected as K-startup by Korea Health Industry Development Institute
Launched PB product “AC Magnesium Patch” at Olive Young, the No.1 H&B store in Korea

Series A Investment
Selected as Tech Innovations Project by the Ministry of SMEs and startups.
Launched magnesium needle patches in Japan
KGMP Certified

Pre-Series A Investment
Cosmetic GMP certified by KFDA
ISO 22716 Certified
Colombia NVIMA Certified
Selected as Venture Business Project by Ministry of SMEs and startups
Launched private label “Snow2plus”

Founded LABnPEOPLE Co., Ltd.
Selected as a Tech Innovations Project by the Ministry of SMEs and startups.
Selected as an Innovative Venture Business Project by the Ministry of SMEs and startups.
Selected as Industry University Institute Collaboration Project by the Ministry of SMEs and startups.

Developed the world’s first microneedle made from biodegradable metal (Clinically Proven)
Selected as the first Penguin startups.
Selected as Safety Regulation and Industrial Standard Development for innovative medical devices project by KFDA
Selected as Planning Research for Next Generation New Plant Breed Technology Program by Agriculture Science Technology Information System
Selected as Growth Support for Tech Start-ups by the Ministry of SMEs and startups.

2025

2024

2023

2026

Entered Walmart & Target (USA)

Entered Don Don Donki (Hong Kong)

Entered Watsons (Malaysia)

Executed supply agreement with Japan’s leading hair loss brand

Completed clinical trials for acne medical device (P<0.001)

Expanded to Walgreens, the largest US drugstore chain

Entered drugstores and variety stores across Japan

Acne medical device item confirmed & clinical trials launched

Selected for Materials & Components R&D project ($2.7M / ₩3.6B budget)

Entered Costco (USA)

Entered SaSa (Hong Kong)