“The challenge is not over··· Let’s run together again”,
Jin Yang-gon, chairman of HLB, is holding a press conference at the HLB headquarters on the 17th. Reporter Park Hyo-jeong,
, ‘[Seoul Economy] ‘,
,
, HLB(028300), ‘ faced a downturn as HLB Group’s eight stocks hit their daily limit down following the FDA’s failure to approve the new liver cancer drug ‘riboceranib’ developed by HLB. Jin Yang-gon, chairman of HLB, however, said, “As each company has built its independent business well, we will quickly resolve the difficulties caused by the delayed drug approval and bloom.”‘,
,
, ‘According to HLB on the 19th, Chairman Jin posted on the internal bulletin board on the 17th after receiving a Complete Response Letter (CRL) from the FDA, saying, “We have all exerted our utmost efforts, and our challenge story is not over yet,” and “If there is a problem, we can overcome it. We have sufficient capabilities to overcome problems,” encouraging employees.’,
,
, ‘Chairman Jin said, “I was surprised by the unexpected results, but I witnessed the sincere efforts of various executives and employees to gather their hearts and thoughts at the headquarters.” He added, “The problems we face are clearly overcomeable, and with the determination of executives working to overcome them and the employees who are diligently working for the company, together we will overcome well.”‘,
,
, ‘He also expressed confidence that “Each of the HLB Group companies has independently built their businesses well and has sufficient conditions to blossom through individual drug developments without the support of the main company, so the overall difficulties caused by the delay in drug approval will be quickly resolved.”‘,
,
, ‘Chairman Jin continued, “We do not have time to be disappointed and frustrated, and I will do my best to produce results quickly with HLB and Eleva (HLB’s U.S. subsidiary) executives.” emphasizing, “Let’s take a moment to catch our breath, lace up our shoes again, and run together.”‘,
,
, ‘The following is the full text of the message Chairman Jin sent to the employees of the company.’,
,
, ‘To HLB Group Employees’,
,
, ‘As you may have seen through the announcement, the anticipated and expected approval of HLB and Eleva’s liver cancer drug did not come to fruition today.’,
,
, ‘I have waited anxiously for the results, saying that I will calmly accept the destiny, and I am so heartbroken now that the expectation has fallen apart.’,
,
, ‘Thinking about how great the disappointment must be for our employees, it is a grim feeling.’,
,
, ‘I thought, “Wouldn’t it be great if all efforts in the world were rewarded appropriately.”‘,
,
, ‘After concluding the executive meeting today, I am now calming my mind and writing a message to all employees.’,
,
, ‘First of all, I apologize to the employees who have worked tirelessly for the company in difficult conditions.’,
,
, ‘I have hurt your pride with my many shortcomings.’,
,
, ‘I’m sorry.’,
,
, ‘HLB Employees,’,
,
, ‘We have all exerted our utmost efforts, and our challenge story is not over yet.’,
,
, ‘If there is a problem, we can overcome it. We have sufficient capabilities to overcome problems.’,
,
, ‘Based on the motto “Plan for the best, prepare for the worst,” each company has built the capacity to respond to and overcome any crisis.’,
,
, ‘This morning, despite being taken aback by the unexpected results, what I witnessed was the sincere efforts of various executives and employees at the headquarters gathering their hearts and thoughts.’,
,
, ‘Struggling together, discussing together, and reaffirming our determination to move forward together…’,
,
, ‘The problems we face are clearly overcomeable, executives’ determination to overcome together is rapidly consolidating, and the employees who are diligently working for the company,’,
,
, ‘Together, we will overcome well.’,
,
, ‘Each company of the HLB Group has independently built their business well, and even without the support of the main company, they have secured conditions to bloom through individual drug developments, so the overall difficulties caused by the delay in drug approval will be quickly resolved.’,
,
, ‘And together, we will ultimately achieve good results.’,
,
, ‘What we need to do now is to support and encourage the Eleva employees, who are disheartened due to the continuous efforts made for the launch of the new drug, and the HLB employees who have long been silently supporting.’,
,
, ‘We do not have time for disappointment and frustration.’,
,
, ‘Encouragement and unity are the path we must take.’,
,
, ‘I will take the lead in producing results quickly with HLB and Eleva executives.’,
,
, ‘You all did your best and worked hard.’,
,
, ‘Let’s take a moment to catch our breath, lace up our shoes again, and run ‘together’.’,
,
, ‘It is an honor to always be with you, and I sincerely thank you all.’,
,
, ‘HLB Group Chairman Jin Yang-gon’,
,
,