Prostemics Co., Ltd. (KOSDAQ:A203690) agreed to acquire OTKCNT Co., Ltd. from Icure Pharmaceutical Incorporation (KOSDAQ:A175250) and Gang, Seok-Ho for KRW 17 billion on August 6, 2020. As part of the transaction, Prostemics Co., Ltd. will acquire 90,000 shares from Icure Pharmaceutical Incorporation and 10,000 shares from Gang, Seok-Ho in OTKCNT Co., Ltd. In the year ended December 2019, OTKCNT Co., Ltd. reported total assets of KRW 11,794 million, sales of KRW 24,972 million and net income of KRW 1,410 million. Board of directors of Prostemics Co., Ltd. resolved the transaction and date of transfer of OTKCNT Co., Ltd. is August 7, 2020.