About Pharmasaga


About Pharmasaga

Pharmasaga (hereinafter referred to as "the Company") was established on January 25th, 2021, as a clinical drug development company. It is comprised of an experienced management team, a top-tier technical team, and a diverse group of specialized consultants. The Company aims to promote Taiwan's novel drug research and development to the global stage.

The Company's core technology is exclusively licensed from years of research by its founder, Dr. Wen-Ching Yang, encompassing world-leading assets: a proprietary diabetes drug screening platform and a first-in-class small-molecule drug product. Our business strategy is to target the billion-dollar diabetes market by developing a novel small-molecule drug (505(b)(1)) with a unique mechanism of action, securing a competitive advantage to drive company profitability and growth.

The Company's development strategy has evolved from an initial No Research, Development Only (NRDO) model to a model that emphasizes both Research and Development (R&D). We focus on novel drugs with short development cycles and high profitability. By controlling the most crucial patents, technology, management/R&D teams, and resources, and collaborating with consultants of different expertise, we commission manufacturing and clinical trials to external professional vendors. This division of labor allows us to achieve various milestones with minimal resources and maximum efficiency.

Our competitive edge is a single drug with multiple indications and a flexible, effective clinical strategy. We leverage professional clinical development to rapidly enter the market and achieve early profitability.

Our vision is to develop the world's first small-molecule drug for diabetes with a novel mechanism that can treat and reverse the disease, ultimately aiming to end diabetes and its complications and enhance the well-being of all humanity.

Development Process

2021
  • Company Establishment
  • Academia Sinica Technology Transfer
  • Preclinical Trials Completed
  • Future Tech Award
  • Taiwan and US IND Applications Submitted
2022
  • Shortlisted for North America BIO Startup Competition
  • International Pharmaceutical Company Discussions Initiated
  • US IND Approval Obtained
  • Angel Round Fundraising
2023
  • IPO Planning Commenced
  • Taiwan IND Approval Obtained
  • Phase I Study Initiation Visit (SIV)
2024
  • Ministry of Economic Affairs A+ Program Grant
  • Phase I Part Ia Completed
  • Phase I Part Ib Study Initiation Visit (SIV)
  • Pre-A Round Fundraising
2025
  • Shortlisted for North America BIO Startup Competition (Second Time)
  • Taipei Biotech Award
  • Phase I Clinical Trial Ongoing
  • IPO/Emerging Stock Market Listing
  • A Round Fundraising
2026
  • Planning Phase II Clinical Trials for T1D and T2D
  • Fundraising Assessment Ongoing

Contact Us

  • Pharmasaga
  • Phone number : + 886-2-27938665
  • E-mail : contact@pharmasaga.com
  • Address : 22 F.-1, No. 93, Sec. 1, Xintai 5th Rd., Xizhi Dist., New Taipei City 221416, Taiwan (R.O.C.)