Proof of Usefulness Report

SK Bioscience

Analysis completed on 2/15/2026

+643
Proof of Usefulness Score
Category Standard

SK Bioscience is a verified, publicly traded South Korean biopharmaceutical company with significant real-world impact, having developed South Korea's first COVID-19 vaccine (SKYCovione) and WHO-prequalified influenza vaccines. While the submission itself contains user-entry errors (e.g., market cap units, hyperbolic traction claims), the underlying entity demonstrates exceptional utility, global reach, and technical sophistication. The project falls into the 'Much larger scale' category, justifying a high score despite the low effort in the submission response.

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Score Breakdown

Real World Utility+120.00
Audience Reach Impact+104.50
Technical Innovation+108.00
Evidence Of Traction+95.00
Market Timing Relevance+85.00
Functional Completeness+15.00
Subtotal+527.5
Usefulness Multiplierx1.22
Final Score+643

Project Details

Project URL
Description
At SK bioscience, we work everyday to promote human health from prevetion to cure. We have successfully developed South Korea's first COVID-19 vaccine, 'SKYCovione' through global cooperation with the Bill & Melinda Gates Foundation, CEPI, GSK, etc., and a universal vaccine to prevent ‘Sarbecovirus.’ We have also developed the world's first quadrivalent cell-cultured influenza vaccine, SKYCellflu with obtaining WHO PQ (Pre-qualification) certification in 2019 followed by developing SKYZoster, the world's second shingles vaccine, and SkyVaricella, the world's second WHO PQ-certified chickenpox vaccine. We are expanding our R&D pipeline through global partnerships with public and private institutions, and is planning to commercialize a pneumococcal conjugate vaccine, cervical cancer vaccine, typhoid conjugate vaccine, and rotavirus vaccine. In addition, SK bioscience signed a CMO contract to manufacture AstraZeneca's COVID-19 vaccine from drug substance to drug product at L-House, SK bioscience’s vaccine manufacturing plant, and contributed to the early prevention of COVID-19, recognized as a global hub for vaccine manufacturing. Based on innovative technology, all pf our colleagues are trying to achieve the company’s mission, ‘We promote human health, from prevention to cure.’ To meet social expectations, SK bioscience will build trust as a global innovative partner of vaccine and biotech so that all stakeholders, including employees, customers, shareholders, and local communities, could be proud and happy.

Algorithm Insights

Market Position
Strong market validation with clear user adoption patterns
User Engagement
Documented reach suggests active user community
Technical Stack
Modern tech stack aligned with sponsor technologies

Recommendations to Increase Usefulness Score

Document User Growth

Provide specific metrics on user acquisition and retention rates

Showcase Revenue Model

Detail sustainable monetization strategy and current revenue streams

Expand Evidence Base

Include testimonials, case studies, and third-party validation

Technical Roadmap

Share development milestones and feature completion timeline