Business Daily Media

Men's Weekly

.

Uni-Bio Science And Chongqing Minji Establish Strategic Partnership, Targeting Hundreds Of Billions Of Yuan of Medical Aesthetics Device Market

HONG KONG SAR - EQS Newswire - 10 July 2024 - Recently, Uni-Bio Science Group Limited (the "Company", together with its subsidiaries (Beijing Genetech, Shenzhen Watsin, Dongguan Watsin), the "Group") is pleased to announce a strategic cooperation with Chongqing Minji Medical Device Co.

, Ltd. (hereafter "Chongqing Minji"). This partnership expands the Group's business into the medical aesthetics device sector and enhances its long-term strategy in biopharmaceuticals and medical aesthetics.

In the realm of skincare, amidst the escalating global aging population, rising prevalence of chronic diseases, and growing aspirations for improved aesthetics, there is a surging demand for specialized skincare products post-procedures such as general surgery, cosmetic operations, burns, and accidental injuries. Public data forecasts that by 2026, the market size for medical device dressings and functional skincare products in China will reach CNY 253.8 billion and CNY 623 billion, respectively. This alliance with Chongqing Minji, based on market analysis and growth opportunities, will leverage both parties' strengths in product registration, R&D, market channels, and brand influence. Together, they aim to develop a new business model combining biopharmaceuticals and medical devices to meet diverse market needs.

As an initial step, Uni-Bio Science Group has secured the exclusive distribution rights nationwide for Chongqing Minji's flagship product – a hydrogel wound dressing designed for post-skin injury and minimally invasive surgery wound healing. This class II medical device complements the Group's flagship product, GeneTime® (rEGF recombinant human epidermal growth factor), which is well-established in the domestic market for burn and trauma treatment. The addition of the hydrogel wound dressing further enriches the Group's product pipeline, providing patients with a full-range solution from treatment to recovery.

Uni-Bio Science Group has also attained the exclusive distribution rights for Chongqing Minji's soon-to-be-approved collagen liquid dressing, another class II medical device targeting premium demands in medical aesthetics and daily skincare. This aligns with the Group's self-developed medical aesthetic product pipeline, including fibronectin repair fluids and essence, advancing the group's integrated strategy of "Medicine + Devices + Cosmetics" for a seamless transition from therapy to beauty, offering consumers a full-cycle skin care solution.

Most notably, both companies will collaborate on developing medical device products based on Uni-Bio Science Group's proprietary core patented ingredient – Skbrella, a small molecular highly active recombinant human fibronectin. Fibronectin, naturally present in the dermis layer of human skin, boasts remarkable effects in skin repair and nourishment, presenting immense potential in medical aesthetics and premium skincare markets. This joint project aims to develop and launch China's first batch of class II medical devices utilizing fibronectin, reinforcing the company's leadership in skincare and medical aesthetics.

Lastly, Uni-Bio Science has the option to deepen its strategic alliance with Chongqing Minji by investing in and potentially acquiring the company within the next 24 months. Seizing this cooperation opportunity, the Group aims to enhance its technological innovation and market expansion in biopharmaceuticals, high-end medical devices, and medical aesthetics. Filled with confidence, the Group aspires to jointly embark on a new chapter in the healthcare industry with Chongqing Minji, introducing more innovative and high-quality products and services to the global skincare market.

Hashtag: #Uni-BioScienceGroupLimited

The issuer is solely responsible for the content of this announcement.

News from Asia

DL Holdings Solidifies Web3.0 with "3-Phase" Plan

HONG KONG SAR - Media OutReach Newswire - 24 July 2025 - Recently, DL Holdings Group (1709.HK) has entered into strategic cooperation agreements with ViaBTC, Asseto, and Rich Dragon Consultants, w...

ONYX Hospitality Group Reinforces Long-Term Commitment to Key Market Japan Through Targeted Development Strategy

BANGKOK, THAILAND - Media OutReach Newswire - 24 July 2025 - ONYX Hospitality Group, the prominent management company in Southeast Asia specialising in hotels and resorts, serviced apartments and...

PRCA Thailand Conference 2025 to Explore "AI: Truth, Trust and Thailand"

BANGKOK, THAILAND - Media OutReach Newswire - 24 July 2025 - As artificial intelligence redefines how stories are told, trust is built, and reputations are managed, PRCA Thailand is calling on com...

DBS Launches Gen AI-Powered Coaching Tool to Future Proof Its Workforce

HONG KONG SAR - Media OutReach Newswire - 24 July 2025 - DBS announced today that it is democratising coaching for its workforce with the launch of iCoach, a Generative AI-powered (Gen AI) platfor...

BlueLink International CZ certified as one of the Best Places to Work in the Czech Republic for 2024: A testament to exemplary human capital practices

PRAGUE, CZECH REPUBLIC - Media OutReach Newswire - 24 July 2025 - BlueLink, a prominent provider of customer relationship management solutions, has been formally recognized as a "Best Place to Wor...

Bitcoin's surge & beyond: An Octa broker forecast

KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 24 July 2025 - Bitcoin (BTC) has been rising almost uninterruptedly over the past three months, setting new all-time highs (ATH) essentially ever...

Unlocking trading flexibility: the power of Octa Broker's swap-free accounts

KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 25 July 2025 - In a dynamic and somewhat dangerous world of currency trading, it is critical to understand every element that impacts your potent...

Citi Renews Coverage of Fosun International with a "Buy" Rating

HONG KONG SAR - Media OutReach Newswire - 25 July 2025 - Citi issued its latest report on 23 July, announcing the renewing coverage on Fosun International (00656.HK) with a "Buy" rating and a targ...

Far East Hospitality Strengthens its Presence in Japan with Two New Hotels in Osaka

Group enters Osaka with two Far East Village Hotels in Namba South and Honmachi districts, reinforcing its commitment to double its footprint to 2000 rooms in Japan.SINGAPORE - Media OutReach News...

VinFast launches all-electric VF 7 suv in Indonesia

JAKARTA, INDONESIA - Media OutReach Newswire - 23 July 2025 - VinFast today officially introduced and began sales of the VF 7, a C-segment all-electric SUV with right-hand drive, in Indonesia...

Chris Hancock AM Honoured as 2025 Communications Ambassador

SYDNEY Chris Hancock AM, former CEO of AARNet, has been awarded the prestigious Communications Ambassador title at the 2025 Telecommunications Indus...

Baby boomers are driving development feasibility leading to larger apartments

As residential developers continue to grapple with feasibility issues on apartment projects, the sector is struggling to deliver volumes of new st...

Hays launches FY25/26 Salary Guide: ‘Salary Paradox’ deepens as pay rises fail Australians

Rising dissatisfaction with pay, progression and perks is fuelling a new wave of career change in FY25/26, as Australians demand more from employe...

Australian Businesses Still Stuck in the AI Hype Cycle

Data Governance Failures, ROI Gaps and Unclear Strategy Slowing Progress Despite artificial intelligence (AI) dominating headlines and boardroom ag...

How to ensure your manufacturing business survives international tariff turmoil

Optimising your operations in FY2026 will help you combat the challenges of a volatile trading environment. Up, down, in out…Since the commence...

Why Apptio is Enhancing Visibility into AI and Hybrid Cloud

AI investments have become a strategic priority for business with the mindset that if you're not using AI, you're falling behind. But according to...

Sell by LayBy