Zhao Yan, Chairman of Bloomage Biotech, attended the Japan-Shandong Industrial Cooperation and Exchange Conference and

Zhao Yan, Chairman of Bloomage Biotech, attended the Japan-Shandong Industrial Cooperation and Exchange Conference and delivered a keynote speech

Time: 2020-07-31

The theme seminar of Dialogue with Shandong Japan Shandong Industrial Cooperation and Exchange Meeting was held in Jinan, Tokyo and Osaka at the same time on July 30. Celebrities from all walks of life from Japan and Shandong gathered online. Medical care and health and high-end equipment manufacturing were held at the same time.

Zhao Yan, Chairman of Bloomage Biotech, was invited to attend the seminar and gave a keynote speech on the future cooperation between China and Japan in the field of hyaluronic acid and other bioactive substances.

Hyaluronic acid and other bioactive substances may become the focus of future cooperation

It is reported that the 2020 Dialogue Shandong—Japan · Shandong Industrial Cooperation and Exchange Conference Series Activities was held under the background of 40 years of open cooperation between Shandong and Japan. The seminar deeply interpreted the economic development situation of Shandong and Japan, introduced advantageous industries and industrial park policies, introduced the cooperation projects and cooperation demands of enterprises, and explored the opportunities and direction of China-Japan cooperation under the new situation.

As a biotech company and bioactive material company, Bloomage Biotech focuses on functional carbohydrates and amino acid substances that contribute to human health. Relying on its two core technology platforms of microbial fermentation and cross-linking, Bloomage Biotech has launched a variety of bioactive substances including γ-aminobutyric acid (GABA), polyglutamic acid and Ectoin in recent years, which are widely used in skin care products, washing products, health food and other fields.

However, Japan has a long history of research, development and application of hyaluronic acid and bioactive substances. It is the most widely used country of hyaluronic acid in the world. At the same time, hyaluronic acid and GABA have been applied in food, cosmetics and other fields for many years, with rich experience.

According to Zhao Yan, the cooperation between Bloomage Biotech and Japan has a long history. Bloomage Biotech not only has branches in Japan, but also specially hired former executive Tatsuo Tokunaga as the deputy general manager of the company and concurrently as the general manager of the Japanese branch this year. It is hoped that through the opportunity of this seminar, Bloomage Biotech can reach more cooperation and consensus with Japan, give full play to the advantages of both sides and promote more far-reaching cooperation.

Cooperation will be carried out in the fields of functional food, family planning, etc.

In view of the future cooperation direction between Bloomage Biotech and Japan, Zhao Yan pointed out that the future would focus on functional food, family planning and other fields with Japan.

Japan has a long history in the food application of hyaluronic acid and GABA. According to the query of Global New Products Database (GNPD), GABA ranked the first among functional ingredients in Japan, hyaluronic acid ranked eighth, and 161 kinds of foods in Japan contained hyaluronic acid in 2020. In addition, GABA-containing foods have been marketed in many countries in the world, such as the United States, Japan, South Korea, etc., and have great market potential and development prospect in the future.

In the field of family planning, hyaluronic acid has been used in Japan for many years and has a strong foundation in culture, products and standards. In addition, China's family planning market prospects are very broad. According to the forecast of Transparency, the market size of condom in China will reach $ 5.04 billion in 2024, with an annual compound growth rate of 8.1%. Facing the broad market, Bloomage Biotech has taken the lead in carrying out relevant research on the application of hyaluronic acid in the field of family planning, and has produced corresponding scientific research achievements. At the same time, Bloomage Biotech also provides hyaluronic acid raw materials for many world-famous family planning products enterprises.

Zhao Yan expressed the hope that in the future, laws and regulations, product design, market access and other aspects in the field of functional food and family planning, integration of the advantages of China and Japan, explore more cooperation and development.

China and Japan are neighbors, and the exchanges and cooperation have natural and unique advantages. In the past 40 years, the economic trade and cultural exchanges have been deepened, and there has been a deep foundation for cooperation since the opening and cooperation between Shandong and Japan. On this basis, Bloomage Biotech will seek far-reaching cooperation with Japan and jointly contribute to the health, beauty and happiness of the two countries in future.