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Chairman of Novarex
Kwon Seok-hyung
Pharmacy PhD Turns Entrepreneur, Focuses on Health Functional Food Business
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Last Updated on Jan 7, 2025
Kwon Seok-hyung is the Chairman and CEO of Novarex.
In response to the slowdown in the domestic health functional food market, he is focusing on expanding exports overseas while concentrating on securing individually recognized ingredients.
He was born on March 15, 1955, in Bonghwa-gun, Gyeongsangbuk-do.
He graduated from Jungdong High School in Seoul and earned his undergraduate degree in pharmacy from Chung-Ang University. He also obtained both his master’s and doctoral degrees in pharmacy from Chung-Ang University Graduate School.
He began his career at Chong Kun Dang Pharmaceutical and later worked at Sam-A Pharm and Dongbang Pharm.
After serving as Managing Director of Korea Pharma, he was appointed CEO of RexGene Biotech in 1997.
In 2008, he established Health Science, a health functional food company (now Novarex), and later merged it with RexGene Biotech.
He served as Chairman of the Korea Health Functional Food Association.
He is focusing on expanding the core health functional food business rather than diversifying into other areas.
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