A Glasgow-based developer and manufacturer of biomaterials and regenerative medicines has signed major distribution agreements with two new Chinese partners.
Collagen Solutions’ has found two new partners in Dakewe Biotech and Shanghai Regenic Biomedical as the firm continues to restructure its Chinese presence and secure export licences earlier this year.
The new comes as the company continues to follow its strategy of increasing flexibility when it comes to engaging with and providing technical support to customers in China, enabling it to take advantage of opportunities within this growing market.
Jamal Rushdy, CEO of Collagen Solutions, said: "We have made good progress since our restructuring in China and the addition of these two new channel partners is testament to the growth opportunity for us there.
“We have been working hard to secure these distribution agreements and with these in place, we are now well positioned to engage further with customers in China.
“We look forward to working closely with our new distributors and growing our presence in the region."
Dakewe Biotech was founded in 1999, with headquarters in Shenzhen and subsidiary offices in Beijing, Shanghai, Hong Kong, Guangzhou, Wuhan and Chengdu.
Dakewe has over 400 employees serving an existing and growing customer base of over 10,000 also working with over 2,000 sub agents throughout China.
Their primary business includes developing and manufacturing of diagnostic reagents and medical devices and the distribution of life science reagents, foreign and domestic scientific instruments and medical equipment throughout China.
They will distribute Collagen Solutions' products to the research market and engage in business to business sales to the medical device industry.
Shanghai Regenic Biomedical is a company recently established by an experienced biomedical executive in China with the purpose of selling and distributing collagen-based products to the medical device and regenerative medicine sectors.
Both distributors bring different market access, qualities and advantages, both will be key in the development of Collagen Solutions' sales and distribution channels within China.
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