Cosmax Bio Develops Health Functional Foods with Native Plants in Hadong-gun
[Asia Economy Reporter Lee Seung-jin] Cosmax Bio, a company specializing in research, development, and production (ODM) of health functional foods, announced on the 13th that it has signed a business agreement with Hadong-gun to jointly cooperate in research and industrialization related to health functional foods using domestically native hydrangea.
The signing ceremony, held on the 12th at Cosmax Bio headquarters located in Pangyo Innobval, Seongnam-si, Gyeonggi-do, was attended by Lee Kyung-soo, chairman of the Cosmax Group, Park Jung-wook, CEO of Cosmax Bio, and Yoon Sang-gi, mayor of Hadong-gun.
Previously, Cosmax Bio developed a new ingredient by confirming the efficacy of 'Hydrangeanol,' a component extracted from hydrangea leaves, in improving skin health and reducing body fat. Last year, it also obtained individual recognition approval for a complex functional ingredient from the Ministry of Food and Drug Safety.
Through this agreement, Cosmax Bio plans to develop and launch health functional foods utilizing Hydrangeanol. Hadong-gun will create a cultivation site by planting 15,000 hydrangea plants in the Gujaebong Natural Recreation Forest and supply hydrangea leaf raw materials.
Additionally, Cosmax Bio and Hadong-gun will collaborate on ▲ research of health functional food materials ▲ strengthening cooperation for new technology development ▲ income generation and revitalization of tourism resources.
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Lee Kyung-soo, chairman of Cosmax, stated, "Our goal is to develop globally competitive products using hydrangea, a native plant cultivated in the clean nature of Hadong-gun," adding, "We also hope this will contribute to creating local jobs and revitalizing the economy."
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