DxVx announced on May 16, 2023, the board of directors appointed Kevin Kwon, the former head of global business division at Hanmi Pharm.Co.,Ltd., as the new president. The new president, Kevin Kwon, holds a bachelor's and master's degree in applied bio-chemistry from Seoul National University, as well as a doctorate in management of technology from Korea University. He worked at the LG Chemical Biotech Research Institute and Regulatory Affairs (RA) Team in the LG Life Science.

At Hanmi Pharm.Co.,Ltd, he served as the head of the global business division. He was a key person in global pharmaceutical business operations including global RA, overseas business development, overseas sales, clinical trials for new drug and licensing activities. In his career, he served as a joint professor at the Korea University Engineering Graduate School, an advisor for Korea Innovative Medicine Consortium (KimCo), an advisor for the formulation of bio similar regulations for the Ministry of Food and Drug Safety, a delegate for opening global markets at the Korea Health Industry Development Institute, and a professor for academic and business cooperation at Catholic University.

Currently, he serves as a member of the special committee for global expansion at the Korea Pharmaceutical and Bio-Pharma Manufacturers Association. New president Kevin Kwon will be appointed as a board director from a shareholders' meeting. The former CEO, Sang Tae Park, has been nominated for the board director at Avixgen.

In his new role, he intends to continue to make contributions to the company's growth by taking the lead in advancing the pipeline for new drugs and establishing a presence in the North American market.