GemVax&KAEL Co.,Ltd (KOSDAQ:A082270) acquired additional 12.99% stake in Gemvaxzio Co., Ltd. (KOSDAQ:A041590) for KRW 18.02 billion on August 19, 2021. GemVax&KAEL acquired 10.8 million shares through its own funds and now holds 23.64% stake after completion of the transaction.

GemVax&KAEL Co.,Ltd (KOSDAQ:A082270) completed the acquisition of additional 12.99% stake in Gemvaxzio Co., Ltd. (KOSDAQ:A041590) on August 19, 2021.