 In 2003, Eolith merged with M-Dream, and Choe Jeongho became the new CEO.On June 3rd, 2005, Eolith was bought out by Netbrain, who was later integrated into the pharma company Neurotech and thoroughly restructured.Neurotech was renamed to Neurotech Pharma on November 8th, 2006, and that same day, Eolith shut down.