INIBO, a Korean botulinum-toxin product in which Huaxi Bio has a strategic
stake, received approval from the National Medical Products Administration;
Huaxi is the exclusive mainland China partner. The arrangement combines
strategic investment and market cooperation to broaden Huaxi’s
medical-aesthetics product coverage, diversify its business mix and support
long-term development. This extends a prior exclusive-agency collaboration with
Korea’s INIBIO for a facial-rejuvenation injection.