Martial Arts, Global Company Shiseido Holds Video Meeting with Domestic Startup

The Korea International Trade Association is holding a '1-on-1 Meetup between Japan's Shiseido and Domestic Startups' on December 6th at the Trade Tower in Samseong-dong. (Photo by Korea International Trade Association)

[Asia Economy Reporter Lee Hye-young] The Korea International Trade Association held a one-on-one meetup between the global cosmetic brand Shiseido and domestic startups on the 6th.

The Trade Association announced that on the day, Shiseido and five domestic startups held a remote meeting at the Trade Tower in Samseong-dong. Shiseido is a global company headquartered in Japan and is one of the world's top five cosmetic companies.

In this remote meeting, Shiseido sought domestic startup companies to collaborate on next-generation skincare research. Five companies participated, including PiQuant, which has a cosmetic ingredient analysis solution, and Sky Therapeutics, which recently attracted 33.4 billion KRW in investment through the development of a bioavailability enhancement platform.

Kim Cheol-hwan, CEO of Sky Therapeutics, said, "Since Shiseido is a company that has continuously pursued research cooperation in the dermatology field with partners in Japan and overseas, I hope this meetup will lead to joint research and create synergy with a global conglomerate."

Park Pil-jae, Head of the Startup Global Support Office at the Trade Association, said, "We will continue to provide global scale-up opportunities for startups struggling due to COVID-19."