SihuanPharma formed a JV with Austria's Croma-Pharma to distribute Croma-Pharma's aesthetics products in China. Initially, the JV, SunCro Aesthetics & Cosmetic International, will market Princess VOLUME, an intradermal filler. Croma-Pharma will contribute China rights to the product, and Sihuan will add its marketing expertise. Further details of the agreement were not disclosed. Sihuan, known for its cardio-cerebral vascular portfolio, has expanded to develop novel cancer treatments and has now added an interest in aesthetic products as well.
Source: ChinaBio Today
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