Chungjin Biotech join in 'SME Oceania Market Pioneer Group' 7 Companies included Chungjin Biotech, a Korean bee venom specialist, have received 48 export consultations
Oct 29, 2021, 03:11
Ansan City, Gyeonggi-do, Korea operated the 2019 Oceania Market Pioneer team in Ansan City to provide opportunities for 7 small and medium-sized enterprises in Ansan City to advance into overseas markets together with Gyeonggi-do Economic Science Promotion.
A total of 48 cases and export consultations of 7.5M USD were obtained in Australia, and the project was completed successfully among the attention of buyers.
The team Market Pioneer held export conferences in Australia, a market with a high economic level and well-equipped living infrastructure, and New Zealand, which is advantageous for small and medium-sized enterprises (SMEs) to enter the market due to the high loyalty of individual consumers to products and companies although the market size is small.
Chungjin Biotech, a Korean bee venom specialist, received a lot of attention from cosmetic companies. In consultation with Australian cosmetic company, Company A, it was confirmed that the product that Company A wanted to develop had already been developed by Chungjin Biotech and showed high interest.
Chungjin Biotech, a Korean bee venom specialist, expected to conclude an export contract while proceeding quickly, such as negotiating prices for products and sending samples.
Ansan city official said, “Oceania, a miniature version of Europe’s advanced market, has recently been gaining popularity and preference for Korean waves and Korean products. We will do our best to support participating companies to diversify into export markets through monitoring.”
Meanwhile, Chungjin Biotech, a Korean bee venom powder manufacturer, is leading the global beekeeping business by developing purified bee venom, melittin bee venom, bee venom collector, honeybee artificial insemination instrument, and digital honeybee artificial insemination instrument.
All employees are working hard on research and development for the development of cutting-edge products and the production of high-quality products.
Cheol-gu Kim, CEO of Chungjin Biotech, said, “The value of pollen fertilization of bees is 5.9B USD accounting for 16.2% of agricultural production. As honey production has decreased due to the recent abnormal climate, the development of beekeeping products is also important.
The goal is to use bee venom in animal feed. We expect that eco-friendly feed with bee venom will fight against super bacteria such as multidrug-resistant bacteria caused by antibiotics.”
For more information on ChungJin Biotech co., Ltd, visit www.biovenom.com
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Related Links: www.biovenom.com