With Italian InnPharm dichroa pharmaceutical joint venture to develop hyaluronic acid market
by:XJ BEAUTY
2020-06-21
Hebei Changshan Biochemical Pharmaceutical Co. , Ltd. Today's announcement, said the company sign the letter of intent for cooperation with InnPharm SRL, the two sides to jointly set up sino-foreign joint ventures, sales in the Chinese market hyaluronic acid products.
Interim for Changshan - joint venture company name
InnPharm biotech companies.
Will be on Italian producers InnPharm INNATE SRL produces with the European Union CE certification logo Promovia and Innea products, and sales to the joint venture company.
The joint venture company will entrust dichroa pharmaceutical (
7.
160, -
0.
17, -
2.
32%)
Selling products in Asia.
The joint venture company profit will be according to the stake (
Dichroa pharmaceutical and InnPharm 49% 51%)
Allocation.
Formal cooperation agreement term, valid for 15 years from the date of signing the agreement expires after mutual agreement, postpone time limit.
Announcement shows that is a registered in Italy InnPharm engaged in medical equipment, beauty products and pharmaceutical products production and sales of enterprises, the hyaluronic acid series of products have passed the European CE certification.
Set up a joint venture company is the purpose of the collaboration in the Asian regional sales InnPharm r&d and production of hyaluronic acid products.
Hyaluronic acid acid or hyaluronic acid, also known as glass is a kind of is mainly used in medicine, cosmetics manufacturer and health food of mucopolysaccharides.
In cosmetics manufacturer, known as the natural intelligence moisturizing factor;
In medicine, can be used in eye surgery sticky agent, orthopedics by injection, eye drops and defensive adhesion agent, etc. , can also be used for crease resistant anti-aging cosmetic procedures, such as contact lens care solution.
's pharmaceutical industry, according to the establishment and operation of a joint venture company will give full play to the company and InnPharm in hyaluronic acid products research and development, production, sales and marketing aspects of advantages, is advantageous to the company series product in heparin actively developing new products, new markets such as the development of medical hairdressing, add new profit growth point for the company long-term development.
XJ BEAUTY US CORPORATE OFFICES have now make a decision to enlarge our company in other countries.
XJ BEAUTY US CORPORATE OFFICES also maintains a friendly, fair, and creative work environment, which respects diversity, new ideas, and hard work.
To strengthen and grow our leadership position by providing cosmetic design across a range of market segments, including cosmetics solution, and high-performance servers.
This can benefit XJ BEAUTY by helping it target those investors and consumers who are specifically interested in its type of product or service.
XJ BEAUTY US CORPORATE OFFICES have now make a decision to enlarge our company in other countries.
XJ BEAUTY US CORPORATE OFFICES also maintains a friendly, fair, and creative work environment, which respects diversity, new ideas, and hard work.
To strengthen and grow our leadership position by providing cosmetic design across a range of market segments, including cosmetics solution, and high-performance servers.
This can benefit XJ BEAUTY by helping it target those investors and consumers who are specifically interested in its type of product or service.