Press release
PharmaResearch Accelerates Global Market Expansion with Investment from Global Private Equity Fund CVC
Image: https://www.getnews.info/uploads/37d3d1ec3a03e85dac6376b2c2e3bb4e.jpg
September 13th, 2024 - PharmaResearch (co-CEOs: Kang Ki Seock, Kim Thinkyou), a leader in aesthetic injectables and regenerative medicines renowned for its flagship skin booster product "Rejuran", announced a significant milestone in its global market expansion efforts, securing KRW 200 billion investment from Europe-based global private equity firm CVC through the issuance of redeemable convertible preferred shares (RCPS). Extending beyond capital injection, this investment will enable the company to accelerate overseas market entry through strategic partnership with CVC.
CVC is a leading global private equity firm that manages over 180 billion of AUM, and has a strong investment track record in the healthcare industry across Europe and other key global markets. PharmaResearch aims to leverage CVC's extensive global network and experience to achieve rapid and stable penetration into new international markets. As a strategic partner, CVC will provide valuable network and resources to support PharmaResearch's market expansion and strengthen the company's global competitiveness.
PharmaResearch plans to utilize the newly secured funds primarily for strategic overseas M&As and the establishment of local subsidiaries to implement region-specific go-to-market strategies and rapidly expand its presence in these markets. The company also intends to utilize the funds to upgrade its R&D capabilities and expand its product pipeline through acquisitions. Investments in innovative product development as well as existing product enhancements are expected to strengthen the company's product portfolio, leading to increased global competitiveness by delivering greater value to its international customers.
Kim Thinkyou, CEO of PharmaResearch, stated, "With CVC's investment and partnership, PharmaResearch is now in a stronger position to enhance its global market presence and continue focusing on developing innovative products and services. We are committed to delivering value to our customers and shareholders as we continue our journey towards becoming a global leader."
Kyoo-Cheol Chris Rhee, CVC's Head of Korea, remarked, "CVC is delighted to partner with a company like PharmaResearch." and added, "With our global network and experience, CVC is fully committed to supporting PharmaResearch's continued growth in the global market and to contributing to the growth of the K-beauty industry globally."
About PharmaResearch
PharmaResearch is a pioneering biopharmaceutical company dedicated to enhancing the quality of life for humanity through regenerative medicine. With a diverse portfolio encompassing medicines, medical devices, cosmetics, and supplements, PharmaResearch focuses on leveraging its core ingredients, DOT Registered PDRN and DOT Registered PN. These active tissue regenerative substances are powered by DOT Registered , an exclusive DNA fragments optimization technology safeguarded by a suite of patents. Headquartered in Seongnam, South Korea, PharmaResearch also operates a U.S. subsidiary, PharmaResearch USA, located in Costa Mesa, California. Key products include Rejuran Registered , Rejuviel Registered , Conjuran Registered , Rejuran Registered Cosmetics, Lian Registered Eye Drops, Rejuvenex Cream Registered , and Rejuderma Registered .
For more information about PharmaResearch and its innovative initiatives, visit http://pharmaresearch.co.kr/en/ and connect with us on LinkedIn [https://www.linkedin.com/company/pharmaresearch-corporation/].
Media Contact
Company Name: PharmaResearch USA
Contact Person: Sangjin Choi
Email: Send Email [http://www.universalpressrelease.com/?pr=pharmaresearch-accelerates-global-market-expansion-with-investment-from-global-private-equity-fund-cvc]
Country: United States
Website: http://pharmaresearch.co.kr/en
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release PharmaResearch Accelerates Global Market Expansion with Investment from Global Private Equity Fund CVC here
News-ID: 3655392 • Views: …
More Releases from Getnews
Tully's Training Expands Expert Dog Training Services to Meet Growing Demand
Image: https://www.globalnewslines.com/uploads/2025/03/1742567285.jpg
Tully's Training, a premier provider of professional dog training services, is expanding its programs to address the increasing demand for personalized and effective training solutions. With a team of experienced trainers, the company specializes in behavior modification, obedience training, and customized solutions tailored to each dog's unique needs.
As more pet owners seek structured training to improve their dogs' behavior, Tully's Training has introduced new courses designed to help with…
Torishima joins UNESCO World Engineering Day 2025 campaign
Image: https://www.globalnewslines.com/uploads/2025/03/1742565603.jpg
Torishima, as a leading voice in water pump technology, has been selected as an official partner for UNESCO World Engineering Day for Sustainable Development (WED) 2025, which was launched at UNESCO Headquarters in Paris on 4 March 2025.
London, UK - 21 March, 2025 - An International Day proclaimed by UNESCO General Conference and open to everyone, WED is jointly operated by UNESCO and the World Federation for Engineering Organisations…
Summit Cleaning & Restoration Proudly Supports Local Community with Sponsorship …
Image: https://www.getnews.info/uploads/1707943784.png
Summit Cleaning & Restoration is one of the first sponsors to offer support for the new arena football team
BEND, OREGON, MARCH 21, 2025 - Since its launch, Summit Cleaning & Restoration [https://www.summitclean.com/] has demonstrated community pride and support through numerous initiatives and campaigns, and now, the company has done it again by becoming one of the very first to sign up as a sponsor for Central Oregon's new arena…
Trimble Champions Global Engineering Innovation for UNESCO World Engineering Day
Image: https://www.globalnewslines.com/uploads/2025/03/1742393560.jpg
Company's Commitment to 'Transforming the Way the World Works' Highlighted by Advancements in Industry, Innovation and Infrastructure.
London, UK - 21 March, 2025 - Trimble, a leading technology brand, has been selected as an official partner for UNESCO World Engineering Day for Sustainable Development (WED) 2025, which was launched at UNESCO Headquarters in Paris on 4 March 2025.
WED is jointly operated by UNESCO and the World Federation for Engineering Organizations…
