IntronBio Makes Strategic Equity Investment in NodeMason

[Asia Economy Reporter Hyungsoo Park] Intronbio announced on the 27th that it will invest approximately 5 billion KRW in the cosmetic company Node Mason.

Node Mason owns the cosmetic brand ‘Huxley’. It is currently expanding its presence in 49 countries. Recently, it launched new brands such as FEEV and MOLIK.

Intronbio recently invested in the microneedle company Dermagek regarding Botox alternatives (iN_SIS5) and endolysin technology. It secured the position of the second largest shareholder. It also signed a strategic partnership with Node Mason for the commercialization of cosmeceuticals using these substances and technologies.

Through this strategic partnership, Intronbio will expand its scope to the cosmeceutical field via topical medication using its bio-drug endolysin platform technology, as well as wrinkle improvement material technology. The collaboration aims to develop new cosmetic products that combine Node Mason’s production, sales, distribution, and marketing capabilities with biotech technology. The developed products will be introduced as a high-end premium product line.

Node Mason CEO Gu Ja-pung said, "Developing cosmetic products integrated with biotech technology has become a major trend in the current market," and added, "We look forward to cooperation for new product development." He continued, "We will combine Intronbio’s bio-drug technology with Node Mason’s marketing capabilities in the cosmetics field," and said, "Through the development of new concept products and brand launches, we will secure future growth engines."

Intronbio CEO Yoon Kyung-won introduced, "Intronbio will continue to invest in developing drug-related technologies," and explained, "Commercialization of derivative technologies will be realized through specialized related companies." He added, "The strategic investments securing the second largest shareholder positions in Dermagek and Node Mason can be considered the beginning."

This content was produced with the assistance of AI translation services.