Nexturnbioscience is a company established in 2000, initially specializing in the manufacture of CNC automatic lathes, accumulating significant technological expertise [3, 13]. Since its name change in 2021, the company has diversified its business portfolio by expanding into new sectors such as bio/healthcare, IT, investment, and consulting [2, 4, 8, 13]. It is actively investing in and researching medical robot technology and miRNA-based diabetes/obesity treatments [1, 8, 17].Nexturnbioscienceisacompanyestablishedin2000,initiallyspecializinginthemanufactureofCNCautomaticlathes,accumulatingsignificanttechnologicalexpertise[3,13].Sinceitsnamechangein2021,thecompanyhasdiversifieditsbusinessportfoliobyexpandingintonewsectorssuchasbio/healthcare,IT,investment,andconsulting[2,4,8,13].ItisactivelyinvestinginandresearchingmedicalrobottechnologyandmiRNA-baseddiabetes/obesitytreatments[1,8,17].
Key Products/TechnologiesKeyProducts/Technologies
Guide Bush Type CNC Automatic Lathe: Possesses LX-Series and SA-Series model lines [3]. The LX-Series includes LX26N and LX32B models [11]. The SA-Series has a history of developing and demonstrating SA-20X, SA-32X, SA-38N, SA-45X, and SA-45TG models [5, 11]. Achieves high-precision machining through the installation of ultra-precision ball screws and LM guides, as well as 1/1000 division of main and sub-spindles and CS contour control [24].GuideBushTypeCNCAutomaticLathe:PossessesLX-SeriesandSA-Seriesmodellines[3].TheLX-SeriesincludesLX26NandLX32Bmodels[11].TheSA-SerieshasahistoryofdevelopinganddemonstratingSA-20X,SA-32X,SA-38N,SA-45X,andSA-45TGmodels[5,11].Achieveshigh-precisionmachiningthroughtheinstallationofultra-precisionballscrewsandLMguides,aswellas1/1000divisionofmainandsub-spindlesandCScontourcontrol[24].
Non Guide Bush Type CNC Automatic Lathe: Holds the NST56 model [3, 7]. Possesses technology that developed the world's first product with a maximum machining capacity of 56mm [3, 11]. Realizes high-precision machining by applying a spindle motor drive system, which resolves vibration and noise during high-speed rotation [24].NonGuideBushTypeCNCAutomaticLathe:HoldstheNST56model[3,7].Possessestechnologythatdevelopedtheworld'sfirstproductwithamaximummachiningcapacityof56mm[3,11].Realizeshigh-precisionmachiningbyapplyingaspindlemotordrivesystem,whichresolvesvibrationandnoiseduringhigh-speedrotation[24].
Bio/Healthcare Technologies: Possesses cardiovascular interventional robot design technology and remote control technology between slave and master systems [1]. Successfully completed a government-supported project for the development of an intelligent cardiovascular interventional assistant robot system based on 3D cardiac mapping and vascular visualization technology [8, 13, 15]. Actively developing miRNA (microRNA)-based drug candidates (RSV1-301) for type 1 and type 2 diabetes and obesity [1, 8, 17].Bio/HealthcareTechnologies:Possessescardiovascularinterventionalrobotdesigntechnologyandremotecontroltechnologybetweenslaveandmastersystems[1].Successfullycompletedagovernment-supportedprojectforthedevelopmentofanintelligentcardiovascularinterventionalassistantrobotsystembasedon3Dcardiacmappingandvascularvisualizationtechnology[8,13,15].ActivelydevelopingmiRNA(microRNA)-baseddrugcandidates(RSV1-301)fortype1andtype2diabetesandobesity[1,8,17].
Smart Factory and Automation Technologies: Holds technology for automated material feeding systems capable of 24-hour continuous unmanned automatic machining [17]. Provides automated solutions that align with smart factory trends through the development of CNC automatic lathe automatic loading devices [34].SmartFactoryandAutomationTechnologies:Holdstechnologyforautomatedmaterialfeedingsystemscapableof24-hourcontinuousunmannedautomaticmachining[17].ProvidesautomatedsolutionsthatalignwithsmartfactorytrendsthroughthedevelopmentofCNCautomaticlatheautomaticloadingdevices[34].
Core AdvantagesCoreAdvantages
Proprietary Technology in CNC Automatic Lathes: A small and medium-sized enterprise that challenged the automatic lathe market dominated by large corporations, securing leading technological capabilities by developing the world's first 56mm maximum machining capacity product [3, 11]. Possesses a technological edge in achieving high-speed and multi-functional machines for various industrial parts machining [3].ProprietaryTechnologyinCNCAutomaticLathes:Asmallandmedium-sizedenterprisethatchallengedtheautomaticlathemarketdominatedbylargecorporations,securingleadingtechnologicalcapabilitiesbydevelopingtheworld'sfirst56mmmaximummachiningcapacityproduct[3,11].Possessesatechnologicaledgeinachievinghigh-speedandmulti-functionalmachinesforvariousindustrialpartsmachining[3].
Diversified Business Portfolio: Beyond its original machine tool business, the company has expanded its business areas into various high-growth industries such as bio/healthcare, IT, investment and consulting, EV components, semiconductor equipment, and construction heavy equipment parts, establishing a stable revenue structure [8, 12, 14, 15, 28].DiversifiedBusinessPortfolio:Beyonditsoriginalmachinetoolbusiness,thecompanyhasexpandeditsbusinessareasintovarioushigh-growthindustriessuchasbio/healthcare,IT,investmentandconsulting,EVcomponents,semiconductorequipment,andconstructionheavyequipmentparts,establishingastablerevenuestructure[8,12,14,15,28].
Aggressive R&D and Technological Innovation: Continuous new product development and lineup enhancement through the establishment of Nexturn Technology Research Institute [5, 13]. Possesses R&D capabilities in advanced medical devices, including the successful completion of a government-supported project for cardiovascular interventional assistant robot system development [8, 15].AggressiveR&DandTechnologicalInnovation:ContinuousnewproductdevelopmentandlineupenhancementthroughtheestablishmentofNexturnTechnologyResearchInstitute[5,13].PossessesR&Dcapabilitiesinadvancedmedicaldevices,includingthesuccessfulcompletionofagovernment-supportedprojectforcardiovascularinterventionalassistantrobotsystemdevelopment[8,15].
Strategic Investment and M&A Capabilities: Secured future growth engines through the acquisition of manufacturing-based subsidiaries like EV Advanced Materials, Mirae Industry, and Rollkorea, and strategic investments in promising companies in the bio sector such as RosVivo Therapeutics and Cha Healthcare, and in the IT sector like Clush [8, 9, 14, 19, 26, 28].StrategicInvestmentandM&ACapabilities:Securedfuturegrowthenginesthroughtheacquisitionofmanufacturing-basedsubsidiarieslikeEVAdvancedMaterials,MiraeIndustry,andRollkorea,andstrategicinvestmentsinpromisingcompaniesinthebiosectorsuchasRosVivoTherapeuticsandChaHealthcare,andintheITsectorlikeClush[8,9,14,19,26,28].
Global Market Entry and Export Competitiveness: An active participant in international machine tool exhibitions such as EMO in Hannover, Germany, and IMTS in Chicago, USA, actively pursuing global market penetration [5, 34]. Recognized for its technology and competitiveness in the global market, having received 10 million and 50 million dollar export awards [5].GlobalMarketEntryandExportCompetitiveness:AnactiveparticipantininternationalmachinetoolexhibitionssuchasEMOinHannover,Germany,andIMTSinChicago,USA,activelypursuingglobalmarketpenetration[5,34].Recognizedforitstechnologyandcompetitivenessintheglobalmarket,havingreceived10millionand50milliondollarexportawards[5].
Target IndustrieTargetIndustrie
Automotive Industry: Machining of automotive parts using CNC automatic lathes [15, 17].AutomotiveIndustry:MachiningofautomotivepartsusingCNCautomaticlathes[15,17].
Communication Equipment Industry: Machining of communication equipment parts using CNC automatic lathes [15, 17].CommunicationEquipmentIndustry:MachiningofcommunicationequipmentpartsusingCNCautomaticlathes[15,17].
Medical Parts Industry: Machining of medical parts using CNC automatic lathes [15, 17]. Active in the medical/healthcare industry through medical robot and new drug development [1, 8, 13, 17].MedicalPartsIndustry:MachiningofmedicalpartsusingCNCautomaticlathes[15,17].Activeinthemedical/healthcareindustrythroughmedicalrobotandnewdrugdevelopment[1,8,13,17].
Electronic Appliance Industry: Machining of electronic appliance parts using CNC automatic lathes [15, 17].ElectronicApplianceIndustry:MachiningofelectronicappliancepartsusingCNCautomaticlathes[15,17].
Electric Vehicle Industry: Manufacturing of Flexible Printed Circuit Boards (FPCB) and supply of EV battery and in-vehicle display sensor components through its subsidiary EV Advanced Materials [12].ElectricVehicleIndustry:ManufacturingofFlexiblePrintedCircuitBoards(FPCB)andsupplyofEVbatteryandin-vehicledisplaysensorcomponentsthroughitssubsidiaryEVAdvancedMaterials[12].
Semiconductor Industry: Manufacturing and supply of semiconductor equipment, including test handlers and chip mounters, through its subsidiary Mirae Industry [15, 28].SemiconductorIndustry:Manufacturingandsupplyofsemiconductorequipment,includingtesthandlersandchipmounters,throughitssubsidiaryMiraeIndustry[15,28].
Construction Heavy Equipment Industry: Production of heavy equipment parts (e.g., Turning Joint Ass'y, Steering Axle Ass'y) through its subsidiary Rollkorea and supply to domestic heavy equipment manufacturers [8, 36].ConstructionHeavyEquipmentIndustry:Productionofheavyequipmentparts(e.g.,TurningJointAss'y,SteeringAxleAss'y)throughitssubsidiaryRollkoreaandsupplytodomesticheavyequipmentmanufacturers[8,36].
Financial Industry: Supply of PaaS platforms and GenAI infrastructure efficiency solutions to major domestic financial holding companies through its subsidiary Clush [19].FinancialIndustry:SupplyofPaaSplatformsandGenAIinfrastructureefficiencysolutionstomajordomesticfinancialholdingcompaniesthroughitssubsidiaryClush[19].
Major MarketsMajorMarkets
China (discussions for RosVivo's technology export) [12], India [34]China(discussionsforRosVivo'stechnologyexport)[12],India[34]
Technology Innovation Small and Medium Business (INNO-BIZ) certification [5, 11].TechnologyInnovationSmallandMediumBusiness(INNO-BIZ)certification[5,11].
New Technology Venture Business certification [5, 11].NewTechnologyVentureBusinesscertification[5,11].
Patent acquired for automatic lathe correction device and method [5].Patentacquiredforautomaticlathecorrectiondeviceandmethod[5].
Gold Prize (Ministry of Trade, Industry and Energy) at the Precision Technology Promotion Competition [5].GoldPrize(MinistryofTrade,IndustryandEnergy)atthePrecisionTechnologyPromotionCompetition[5].
Prime Minister's Award for 'Machine Tool Person of the Year' (Excellent Manager category) from the Korea Machine Tool Manufacturers' Association [5].PrimeMinister'sAwardfor'MachineToolPersonoftheYear'(ExcellentManagercategory)fromtheKoreaMachineToolManufacturers'Association[5].
Designated as a Promising Small and Medium Business by Gyeonggi Province [5].DesignatedasaPromisingSmallandMediumBusinessbyGyeonggiProvince[5].
Selected as a Youth-Friendly Strong Small Business [5, 11].SelectedasaYouth-FriendlyStrongSmallBusiness[5,11].
Certified as a Diligent Taxpayer [5].CertifiedasaDiligentTaxpayer[5].
Designated as a Talent Nurturing Small and Medium Business [5, 11].DesignatedasaTalentNurturingSmallandMediumBusiness[5,11].