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PICOGRAM-EYESEL-China OriginCell Technology Group signs three-way business agreement...Entering Global Markets such as China

Author : CELLINstem
Date : 2023-11-02 14:05:20
Views : 555



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[Seoul =NewsPim] Reporter KimYang-Seop= Picogram (CEO ChoiSuk Rim) announced on the 12th that it has signed a three-way business agreement with ShanghaiOCellBiotech Co., Ltd., a subsidiary of China's Origin Cell Technology Group, withEYESEL.


This agreement was signed for the purpose of developing, producing, and distributing innovative cell-based cosmetics, and is a broad strategic framework agreement that includes three-way technology exchanges and employee training.


Through this business agreement,PICOGRAMplans to accelerate research on the development and technology ofEYESELand cell-based, which recently acquired some shares (12.7%) and accelerate its entry into global markets, including China.


 

 

Choi Suk Rim,CEO of Picogram, said, "We expect the three-way business agreement to be a bridgehead for China's rapidly growing cell-based cosmetics market."


CEO Choi added, "With this agreement, we have agreed to gradually strengthen cooperation in equipment such as ultra-low temperature cell storage facilities with the leading state-of-the-art automation and unmanned 5G cell banks established by Origin Cell Technology Group."


[Source : NewsPim]






No Title Author Date
2 PICOGRAM-EYESEL-China OriginCell Technology Group signs three-way business agreement...Entering Global Markets such as China CELLINstem 2023-11-02
1 [News] PICOGRAM Acquires Stake in EYESEL to Expand Business in Bio and Healthcare Fields CELLINstem 2023-09-21
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