“The challenge is not over… Let’s run together again”,

Jin Yang-Gon, HLB Chairman, holding a press conference at the HLB headquarters on the 17th. Photo by Park Hyo-jeong,
, ‘[Seoul Economy] ‘,
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, HLB(028300), ‘suffers eight stocks of HLB Group hit the lower limit as the FDA did not approve the new liver cancer drug ‘Riboceranib’ developed by HLB (028300), HLB group’s chairman Jin Yang-Gon said, “Just as each company has built a strong independent business, we will quickly overcome the difficulties caused by the new drug approval delay and blossom.”‘,
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, ‘According to HLB on the 19th, Chairman Jin posted a message on the internal bulletin board on the 17th after receiving the FDA’s Complete Response Letter (CRL), saying, “We have all put in our best effort, and our challenge story is not over yet. If there are problems, we can overcome them. We have the capacity to overcome any issues.”‘,
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, ‘Chairman Jin expressed, “Although I was surprised by the unexpected results, I witnessed the heartfelt efforts of the representatives and employees gathering at the headquarters, sincerely focusing their minds and thoughts.” He said, “The problems we face are clearly overcomeable, and with the determination of the executives to overcome them together, and with the employees who work diligently for the company, we will overcome them together.”‘,
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, ‘He further stated, “Each company within the HLB group has independently built its business and secured the conditions to blossom with individual efforts, and the comprehensive difficulties caused by the delay in new drug approval will be quickly resolved.”‘,
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, ‘Chairman Jin continued, “We do not have time to be disappointed or discouraged. I will take the lead in creating results quickly with HLB and Elleva (HLB’s U.S. subsidiary) executives. Let’s take a breath for a moment and tie our shoelaces again, and run together.” He emphasized.’,
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, ‘The following is the full text of the message Chairman Jin sent to the employees.’,
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, ‘To HLB Group employees,’,
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, ‘As you may have seen from the announcement, today’s expectation and hope that HLB and Elleva’s liver cancer drug would be approved did not come true.’,
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, ‘Having announced my resignation and patiently waited for the result, my heart aches so much that it is difficult to wait’,
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, ‘If you think about how big the disappointment must be for our employees,’,
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, ‘I thought, “How great it would be if all the efforts in the world received appropriate rewards.”‘,
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, ‘After finishing the executive meeting today, I am finally calming my mind and writing a message to you, the employees.’,
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, ‘First of all, I apologize to the employees who have worked tirelessly for the company in difficult conditions.’,
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, ‘I have caused a lot of sorrow to your pride due to my many shortcomings.’,
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, ‘I’m sorry.’,
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, ‘HLB employees,’,
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, ‘We have all put in our best efforts, and our challenge story is not over yet.’,
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, ‘If there are problems, we can overcome them. We have the capacity to overcome any issues.’,
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, ‘Under the motto “Plan for the best, but prepare for the worst,” each company has built the abilities to respond to and overcome any crisis situations.’,
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, ‘This morning, despite being surprised by the unexpected results, what I witnessed was the sincere efforts of the representatives and employees gathering at the headquarters to focus their minds and thoughts.’,
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, ‘The scenes of worrying together, collecting opinions together, and strengthening our determination to move forward together…’,
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, ‘The problems we face are clearly overcomeable, the determination of the executives to overcome them together is quickly consolidating, and’,
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, ‘With the employees who work diligently for the company, we will overcome them together.’,
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, ‘Each company within the HLB group has independently built its business well, and without the support of the parent company, they have secured the conditions to blossom and will quickly resolve the challenges brought by the delay in new drug approval.’,
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, ‘And together, we will ultimately achieve good results.’,
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, ‘What we need to do now is to encourage and support the Elleva employees who will be disappointed due to the relentless efforts made for the launch of the new drug, and the HLB employees who have been silently supporting the company for a long time.’,
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, ‘We have no time for disappointment and discouragement.’,
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, ‘Encouragement and solidarity are the path we must take’,
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, ‘Starting with me, I will devote myself to creating results quickly with HLB and Elleva executives’,
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, ‘You have all done your best and worked hard’,
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, ‘Let’s take a moment to catch our breath and tie our shoelaces again and run ‘together’.’,
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, ‘It is an honor to be with you, employees, always and I express my heartfelt gratitude.’,
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, ‘HLB Group Chairman Jin Yang-Gon’,
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