BusinessHub, a business matching platform company and a subsidiary of M Square Global Co., Ltd. (CEO Kim Kyung-bae), announced that it signed a strategic business alliance and consignment sales contract with Hanbio Co., Ltd. (CEO Kang David), a cell-specialized company, in June of this year.
BusinessHub and Hanbio started their collaboration around August last year through a business partnership with HanENS Co., Ltd., a sales subsidiary of Hanbio, and have strengthened their cooperation system. To expand sales and business areas, they have now signed a business alliance and consignment sales contract with Hanbio, the parent company of the group.
According to the company, Hanbio, established in 2019, is a cell-specialized bio company developing therapeutics using NK immune cells, stem cells, and mammary papilla cells. It also possesses a pharmaceutical research institute and GMP production facilities. Additionally, on February 9, it signed a listing consulting contract with Blue Apple Asset Management Co., Ltd., a local Canadian asset management company, for the Canadian stock market (TSXV) and is preparing for a full-scale listing.
BusinessHub has contributed to the visible growth of Hanbio, and through this consignment sales contract, it is expected that BusinessHub will serve as a strong growth driver.
Kim Kyung-bae, CEO of BusinessHub, expressed confidence, stating, “Having had sufficient personal experience in the bio business in the past, if the professional sales personnel within BusinessHub and Hanbio’s technological capabilities and infrastructure come together, we can achieve rapid and high performance growth between the two companies.”
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