Connect with us

Technology

PharmaResearch Accelerates REJURAN Cosmetics Expansion Across North and South America with Planned Acquisition of CG USA

Published

on

Acquisition strengthens local manufacturing and logistics capabilities as REJURAN Cosmetics expands across Sephora, Amazon and Canada, with future growth across the Americas in view 

SEOUL, South Korea, July 1, 2026 /PRNewswire/ — PharmaResearch, the South Korea-based regenerative medicine company behind REJURAN, is strengthening its localization strategy across North America with the planned acquisition of Cosmetic Group USA, a U.S.-based cosmetics manufacturer also known as CG USA. 

PharmaResearch signed an agreement on June 30, local time, to acquire CG USA, a cosmetics OEM and ODM manufacturer, as demand for REJURAN Cosmetics continues to grow in the United States. 

Based in California, CG USA is a cosmetics OEM and ODM manufacturer with capabilities across product planning, formula development, manufacturing, filling, packaging, and quality control. The company holds a cosmetics manufacturing license and operates an FDA-registered facility with a quality management system aligned with current good manufacturing practice, or cGMP, standards. Its manufacturing infrastructure also supports production of over-the-counter (OTC) products. 

PharmaResearch decided to pursue the acquisition to respond more stably to growing demand for REJURAN Cosmetics, driven in part by its Sephora launch and expanding Amazon channel. Until now, the company has supplied the U.S. market with products manufactured in Korea. Through the acquisition of CG USA, PharmaResearch will secure a local manufacturing base, creating a foundation to improve supply chain efficiency and market responsiveness across production, logistics and distribution. 

Building on this, the company plans to strengthen supply stability in North America while accelerating its localization strategy across the Americas to support future expansion into Canada, broader North America and South America. 

REJURAN Cosmetics is PharmaResearch’s premium derma cosmetics brand, developed from the company’s regenerative medicine technology. Built around DOT™ c-PDRN®, the company’s patented cosmetic-grade PDRN ingredient, the brand has expanded its U.S. presence through online and offline retail channels, including Sephora and Amazon. REJURAN Cosmetics is also scheduled to enter Canada in the second half of the year, adding momentum to PharmaResearch’s broader North American expansion. 

“The acquisition of CG USA is a strategic decision to strengthen supply stability and build a stronger foundation for business expansion in North America,” said Ji Hoon Sohn, CEO of PharmaResearch. “Through this acquisition, PharmaResearch will secure a local production base to support its growth in North America, while also gaining the potential to expand its ODM business in the U.S. over the mid to long term.” 

Sohn added, “CG USA’s FDA-registered facility and OTC production capabilities make this acquisition meaningful not only for cosmetics, but also as a foundation for expanding into over-the-counter production. Based on local production capabilities and quality infrastructure, we will continue to strengthen the competitiveness of our global derma cosmetics business.” 

A CG USA representative said, “We are pleased to partner with PharmaResearch at an important stage in the growth of REJURAN Cosmetics. We look forward to supporting the brand’s expansion by bringing together CG USA’s manufacturing capabilities and PharmaResearch’s expertise.” 

Cosmo Group Inc. advised on the acquisition. Financial terms were not disclosed. 

About PharmaResearch: 

PharmaResearch is a pioneering biopharmaceutical company dedicated to enhancing the quality of life for humanity through regenerative medicine. Its diverse portfolio includes medicines, medical devices, cosmetics, and health supplements, all leveraging the core ingredients – DOT™ PDRN and DOT™ PN – which are protected by multiple patents. PharmaResearch is headquartered in Gangneung-si, Gangwon-do, South Korea, and has a U.S. subsidiary located in Costa Mesa, California, United States. 

Learn more at https://pharmaresearch.com/en/ 

About CG USA: 

CG USA, Cosmetic Group USA, is a Los Angeles-based cosmetics and personal care product development and manufacturing company founded in 1986. With a one-stop production system spanning research and development, manufacturing, filling and packaging, the company provides OEM and ODM services to global brands. CG USA operates an FDA-registered facility and holds ISO 22716 certification. Based on a quality management system aligned with cGMP standards, the company has the manufacturing capabilities to produce over-the-counter, or OTC, products. 

*cGMP: A pharmaceutical manufacturing and quality management system that complies with U.S. FDA regulations. 

View original content to download multimedia:https://www.prnewswire.com/news-releases/pharmaresearch-accelerates-rejuran-cosmetics-expansion-across-north-and-south-america-with-planned-acquisition-of-cg-usa-302815417.html

SOURCE PharmaResearch

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Vision Marine Technologies Enhances E-Motion™ Control-Electronics Production with Circuits Central

Published

on

By

Continued engineering and technology development advances the E-Motion™ platform’s reliability, integration and service architecture

BOISBRIAND, QC, July 1, 2026 /PRNewswire/ — Vision Marine Technologies Inc. (NASDAQ: VMAR; TSXV: VMAR) (“Vision Marine” or the “Company”), a marine technology company and vertically integrated recreational boating platform, today announced the delivery and acceptance of electronic control unit (“ECU”) assemblies manufactured by Circuits Central Inc. (“Circuits Central”) for use within the Company’s E-Motion™ high-voltage electric marine propulsion platform.

Circuits Central has completed and delivered ECU assemblies supporting ten E-Motion™ powertrains. Vision Marine has completed incoming inspection of the delivered assemblies, which have been accepted for use within the Company’s E-Motion™ production and integration activities.

The completed production work forms part of Vision Marine’s ongoing system-level engineering and technology-development initiatives across the E-Motion™ platform. High-voltage marine propulsion requires the coordinated performance of mechanical, electrical, thermal, software and control-system components in demanding on-water conditions. The ECU architecture supports critical control, communications and monitoring functions within that broader system.

As Vision Marine continues to advance E-Motion™ integrations, the Company remains focused on strengthening the quality, repeatability and serviceability of the platform at each stage of development and production. Utilizing specialized electronics manufacturing capability for critical control-electronics assemblies is intended to support more consistent component production, testing, traceability and integration across different vessel configurations.

Circuits Central is an established electronics manufacturing and product-development services provider with more than 25 years of experience in printed circuit board manufacturing and assembly, prototyping, testing and quality assurance. The company states that it has supported customers ranging from technology startups to established S&P 500 companies and supports projects from prototype development through production runs exceeding 10,000 units. Circuits Central also states that its processes align with ISO and IPC industry guidelines.

“We’ve spent decades building and supporting electronic assemblies where quality and consistency matter, and we’re pleased to bring that experience to Vision Marine’s E-Motion™ platform,” said Hooman Javdan, Owner and Managing Director of Circuits Central. “Marine propulsion demands a high bar for quality, so our focus is to deliver electronics assemblies with the traceability, consistency and responsiveness needed to support Vision Marine’s production and integration work. We appreciate the opportunity and look forward to supporting the continued evolution of the E-Motion™ platform.”

“E-Motion™ is a complete marine propulsion system, and system reliability depends on the quality and coordination of every critical component—not only the motor or battery,” said Dan Rathe, Chief Technology Officer of Vision Marine Technologies. “The platform continues to evolve through the refinement of the mechanical, electrical, thermal, software and control systems that work together on the water. The use of experienced electronics manufacturing capability for ECU assemblies supports the component quality, traceability and repeatability required to continue advancing E-Motion™ as a dependable, integration-ready propulsion system designed specifically for marine applications.”

Vision Marine has developed E-Motion™ as a purpose-built high-voltage propulsion platform for marine applications. The Company has previously disclosed E-Motion™ integrations across more than 25 boat platforms and 13 boat brands, including pontoon, catamaran, center-console and bowrider applications.

Circuits Central’s manufacture of ECU assembly’s forms part of Vision Marine’s broader effort to advance E-Motion™ through component validation, production-process refinement, OEM integration and service development. Together with the Company’s engineering activities, manufacturer relationships and Nautical Ventures retail and service platform, these initiatives are intended to reinforce the technical and operational foundation supporting the continued deployment of E-Motion™-equipped boats.

About Circuits Central Inc.

Circuits Central Inc. is an electronics manufacturing and product-development services provider specializing in printed circuit board manufacturing and assembly, rapid prototyping, testing and quality assurance. With more than 25 years of operating experience, the company supports customers from early-stage product development through scalable production programs across telecommunications, automotive electronics, aerospace, healthcare and industrial applications. Circuits Central states that its manufacturing processes are aligned with applicable ISO and IPC industry guidelines, supporting quality, traceability and production execution for complex electronic assemblies.

About Vision Marine Technologies Inc.

Vision Marine Technologies Inc. (NASDAQ: VMAR; TSXV: VMAR) is a marine technology company and vertically integrated recreational boating platform delivering premium on-water experiences across electric and internal combustion engine segments.

Through its proprietary E-Motion™ high-voltage electric propulsion technology and its Nautical Ventures multi-brand retail, marina and service network, Vision Marine combines marine engineering, direct consumer access, OEM relationships, service infrastructure and customer support capabilities. The Company is focused on building a scalable marine platform that supports today’s boating market while advancing electric marine technologies where they improve the customer experience.

Forward-Looking Statements

Certain statements in this news release constitute forward-looking statements within the meaning of applicable Canadian securities laws and the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements include, without limitation, statements regarding the anticipated benefits and potential future use of third-party electronics manufacturing support; the Company’s engineering, supplier qualification, component procurement and manufacturing initiatives; future E-Motion™ integrations; and the potential for improved consistency, traceability, installation, commissioning and service processes.

Forward-looking statements are based on management’s current expectations, assumptions and beliefs and are subject to known and unknown risks and uncertainties that may cause actual results, performance or achievements to differ materially from those expressed or implied by such statements. These risks and uncertainties include, but are not limited to, component availability, supply-chain disruption, manufacturing and execution risks, product-development and integration risks, customer demand for recreational boating and electric marine technologies, general economic and capital-market conditions, competition, regulatory developments, tariff and trade-policy uncertainties, and other risks described in the Company’s filings with the U.S. Securities and Exchange Commission and Canadian securities regulators available on SEDAR+.

Forward-looking statements speak only as of the date of this news release. Readers should not place undue reliance on forward-looking statements. Vision Marine undertakes no obligation to update or revise forward-looking statements except as required by applicable law.

Neither the TSX Venture Exchange nor its Regulation Services Provider, as that term is defined in the policies of the TSX Venture Exchange, accepts responsibility for the adequacy or accuracy of this release.

View original content to download multimedia:https://www.prnewswire.com/news-releases/vision-marine-technologies-enhances-e-motion-control-electronics-production-with-circuits-central-302815353.html

SOURCE Vision Marine Technologies, Inc

Continue Reading

Technology

SOFTSWISS Unveils New Positioning and Refreshes Visual Identity

Published

on

By

GZIRA, Malta, July 1, 2026 /PRNewswire/ — SOFTSWISS has introduced new positioning and a refreshed visual identity in response to structural changes reshaping iGaming markets today. Insights from five years of SOFTSWISS iGaming Trends research show that operators increasingly expect technology providers to deliver more than software.

Five years of SOFTSWISS iGaming Trends reports highlight three structural shifts across the industry: increasing market fragmentation driven by local regulation, greater operational complexity for operators, and a shift from transactional vendor relationships to long-term partnerships built on reliability, expertise, and brand trust.

Responding to these changes, SOFTSWISS has expanded from a software provider into a broader technology and growth partner, bringing together compliance-ready products, deep expertise in regulated markets, resilient infrastructure, and expert-led services to help operators launch, grow, and scale sustainably.

Today, SOFTSWISS holds licences and certifications across more than 25 jurisdictions worldwide, reflecting its extensive expertise in regulated markets.

In Brazil alone, the company works with more than 60 certified brands, building substantial experience in Brazil’s regulated iGaming market. SOFTSWISS also contributes to industry dialogue through organisations including Brazil’s ANJL and Malta-based iGEN, supporting the development of sustainable regulated markets.

Technology remains at the core of the company’s strategy. For 17 years, SOFTSWISS has maintained 99.999% platform uptime while supporting more than 1,500 brands globally. To balance operational excellence with innovation, SOFTSWISS established a dedicated Chief Artificial Intelligence Officer (CAIO) role, enabling platform reliability and AI innovation to advance in parallel.

Ivan Montik, Founder of SOFTSWISS, comments: “As iGaming becomes more regulated and more complex, operators need much more than technology alone. They need a partner that understands regulation, brings operational expertise, and supports sustainable growth over the long term.

Our updated positioning doesn’t change who we are – it simply reflects the company we’ve become and the role we already play for our partners.”

The refreshed identity reflects SOFTSWISS’ evolution into a strategic partner for growth in regulated markets.

The new identity will be introduced globally across products, communications, and industry touchpoints throughout 2026.

Further details, including the Brand Book and logo assets, are available here.

About SOFTSWISS

SOFTSWISS is a strategic technology partner to iGaming operators, enabling operators to build and scale businesses across regulated markets worldwide.

Photo – https://mma.prnewswire.com/media/3002478/SOFTSWISS_Visual_Identity.jpg
Logo – https://mma.prnewswire.com/media/3002624/SOFTSWISS_Logo.jpg

 

View original content:https://www.prnewswire.co.uk/news-releases/softswiss-unveils-new-positioning-and-refreshes-visual-identity-302815135.html

Continue Reading

Technology

Accelerating the Global Green Transition: PHONO Secures Major European Wins and Unveils Full-Scenario Innovations at Intersolar 2026

Published

on

By

MUNICH, July 1, 2026 /PRNewswire/ — PHONO, a globally leading PV product and solution provider, successfully concluded its exhibition at Intersolar Europe 2026, held from June 23-25 in Munich. Coinciding with parent company SUMEC ENERGY’s 20th anniversary in the clean energy sector, the PHONO delegation, led by Chairman Guo Hongwei and CEO Zhong Zaifeng, made a significant impact by unveiling comprehensive, full-scenario solutions.

A Full-Scenario Product Matrix for a Diversified World

To address the varied demands of the global energy market, PHONO presented a complete technology portfolio ranging from core components to system integration. Highlights included the Draco Matrix series of N-type TOPCon modules and the highly efficient Quasar series of BC modules, engineered for utility-scale plants, commercial rooftops, and vertical installations. Notably, PHONO is now the first Chinese PV brand to have its full range of products certified for all scenarios by Germany’s DIBt, establishing a strong compliance foundation for the premium European market.

In energy storage, PHONO showcased its integrated “Solar-Storage-Charging” solution. The SCUTUM solar carport system, paired with a modular energy storage system featuring intelligent Battery Management System (iBMS) technology, forms a seamless “generate-store-use” loop for large-scale parking lots and European community microgrids. Further enriching its ecosystem, PHONO demonstrated smart O&M innovations, including unmanned Lantern series intelligent cleaning robots for complex rooftops and aesthetically designed solar fences offering dual generation and protection functions.

Fostering Dialogue Through “Brand Theme Days”

Throughout the event, PHONO deepened partner engagement via interactive theme days:

Insight Day: Highlighting its bankability, PHONO celebrated its status as a BloombergNEF Tier 1 module maker for 13 consecutive years and a Top Performer in seven categories of the PVEL 2026 Scorecard, reinforcing a 25-year performance safety net.Vision Day: The world premiere of the documentary The Great Journey showcased PHONO’s philosophy of long-term symbiosis and human-centric values.Sustainability Day: PHONO launched its inaugural ESG Report, detailing a strategic evolution toward “Green Empowerment” and promoting its SRAU (Solar Retrofit and Asset Upgrade) circular economy solutions.

Cementing a Core European Presence

Yielding tangible results, PHONO signed major strategic cooperation agreements with leading energy enterprises in Spain and Italy, accelerating its European market penetration. Moving forward, PHONO remains committed to delivering ultra-reliable, full-lifecycle solutions that help partners navigate market cycles and anchor certainty in the era of green development.

Video – https://mma.prnewswire.com/media/3002890/Video.mp4

View original content:https://www.prnewswire.co.uk/news-releases/accelerating-the-global-green-transition-phono-secures-major-european-wins-and-unveils-full-scenario-innovations-at-intersolar-2026-302815610.html

Continue Reading

Trending