PANACEA Inc. engages in the manufacture and sale of printed circuit boards automating equipment. It operates through Automating Equipment Manufacturing and Distribution business divisions. The Automating Equipment Manufacturing division provides printed circuit board, semiconductor, and automating systems. The Distribution division offers clothes, shoes, leisure products, cosmetics, general products, and others. The company was founded on January 25, 1994 and is headquartered in Ansan-si, South Korea.