Seoul, Korea – 09/04/2024 – (SeaPRwire) – WizMedi Bio Co., Ltd. (WizMedi Bio) at this time introduced that it has reached a proper settlement with the Wisconsin Alumni Analysis Basis (WARF), established by the College of Wisconsin, for the patent and technical licensing of the A6 botulinum neurotoxin pressure. This settlement allows WizMedi Bio to show the origin of the pressure, which has been the first hurdle to the botulinum toxin enterprise, and paves a pathway to develop a steady new enterprise out there.
The A1 botulinum toxin presently dominates the market and as a novel subtype, A6 presents itself as a challenger. Subsequently, the longer term course of the A6 pressure as a BOTULINUM TOXIN supplies a brand new alternative within the botulinum discipline. In accordance with analysis revealed by Dr. Eric A. Johnson and colleagues, the A6 pressure is understood to have excessive efficiency and lengthy period of motion in animal fashions. Proof signifies the toxin can be recognized to remain lengthy in native areas. On account of its excessive efficiency with fewer unwanted effects, the A6 pressure is predicted to deliver a brand new perspective to the market.
WizMedi Bio has signed consulting agreements with world-renowned students on this discipline and introduced that it’s going to actively goal not solely the Korean home market but in addition the U.S. market, which is a difficult market to enter. To deliver A6 to commerce, the corporate has additionally signed an settlement for a strategic alliance with BNC Korea, Inc. (http://bnckorea.co.kr/), using their GMP botulinum toxin facility, for joint analysis and improvement. Furthermore, the corporate will actively work in tandem with the FDA to safe a manufacturing facility within the U.S.
WizMedi Bio was co-founded by two medical docs based mostly on their experience and know-how gained at WizMedi Co., Ltd., an organization devoted to the analysis and improvement of merchandise focused on the magnificence and medical aesthetic markets. The corporate goals to seize the botulinum toxin market based mostly on maximized utilization of its distribution community and expertise. Particularly, it should actively goal the U.S. market, which accounts for greater than 60% of the worldwide market.
“We will enhance the global market, especially the U.S., with novel botulinum toxin products,” stated Choi Yong-hoon, the CEO of WizMedi Bio.
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Media Contact
Firm: Wizmedi Co., Ltd.
Contact: Media Group
Electronic mail: wizmedisales@wizmedi.kr
Web site: https://wizmedi.kr
SOURCE: Wizmedi Co., Ltd.
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