The partnership aims to deliver science-backed, innovative solutions aligned with the rising consumer focus on health, beauty, and wellness in India
Akums Drugs & Pharmaceuticals has entered into an in-licensing agreement with Caregen Co, a global biotechnology leader based in South Korea. The strategic alliance marks a significant step in introducing speciality nutraceuticals, pharmaceuticals , differentiated topical and injectable cosmeceuticals—including advanced skinceuticals and hairceuticals—tailored to meet the unique needs of Indian consumers.
By uniting their strengths, the partnership aims to deliver science-backed, innovative solutions aligned with the rising consumer focus on health, beauty, and wellness in India.
The agreement sets the stage for the launch of an array of innovative products, including topical solutions for skin and hair care, injectable products targeting deeper rejuvenation and repair, and premium nutraceuticals designed for holistic wellness. These offerings leverage Caregen’s proprietary peptide-based technologies and Akums’ ability to scale production and ensure quality, enabling the introduction of global-standard products to Indian markets.
The products will cater to India’s diverse demographics, unique climatic conditions, and varied lifestyles, delivering customized solutions that resonate with local consumers.
Sanjeev Jain, Managing Director, Akums, stated , “We are delighted to partner with Caregen in this transformative journey. Together, we will introduce innovative and impactful products that empower individuals to look and feel their best. This partnership highlights Akums’ commitment to setting new benchmarks in healthcare and beauty.”
Dr Chung Yong-Ji, CEO, Caregen, echoed the sentiment, “India represents an exciting and dynamic market with tremendous potential. We believe integrating pharmaceutical solutions alongside our nutraceutical and cosmeceutical offerings could significantly enhance the value we deliver to our consumers. This expansion aligns closely with both companies' strategic goals of diversifying and strengthening our product portfolios in the healthcare sector.”
Sandeep Jain, Managing Director, Akums, emphasised, “This partnership reinforces our mission to make innovative products accessible for India. Our Manufacturing expertise will ensure seamless delivery of these novel products.”