Bloomage

{{Short description|Chinese biomaterial company}}

{{Expand Chinese|华熙生物}}

{{Infobox company

| name = Bloomage

| logo = Bloomage logo.png

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| type = Public

| traded_as = SSE: 688363

| industry = Biomaterial

| predecessor =

| founded = {{Start date and age|2000}}

| founder = Zhao Yan{{Cite web|url=https://finance.yahoo.com/news/bloomage-chairperson-ceo-zhao-yan-140000825.html|title=Bloomage Chairperson and CEO Zhao Yan Attends the APEC CEO Summit 2023|date=November 21, 2023|website=Yahoo Finance}}

| defunct =

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| hq_location_country = China

| area_served = Worldwide

| key_people = Zhao Yan (Chairperson & CEO){{cite web|last=Benjamin|first=Amalie|title=Zhao helping grow hockey in China|website=NHL.com|date=2018-09-19|url=https://www.nhl.com/news/businesswoman-madame-zhao-yan-discusses-hockey-in-china-300246866|access-date=2024-09-03}}{{cite web|last=Feng|first=Venus|last2=Macauley|first2=Richard|title=Bloomberg|website=Bloomberg.com|date=2021-01-05|url=https://www.bloomberg.com/news/articles/2021-01-05/how-beauty-boosting-shots-made-two-chinese-women-billionaires|access-date=2024-09-03}}{{cite web|title=Zhao Yan|website=Forbes|date=2024-09-03|url=https://www.forbes.com/profile/zhao-yan/|access-date=2024-09-03}}{{cite web|last=Flannery|first=Russell|title=China Adds A New Cosmetics And Skincare Billionaire|website=Forbes|date=2020-01-20|url=https://www.forbes.com/sites/russellflannery/2020/01/20/china-adds-a-new-cosmetics-and-skincare-billionaire/|access-date=2024-09-03}}{{cite web|title=Forbes Asia’s Power Businesswomen 2020 List|website=Forbes|date=2020-09-14|url=https://www.forbes.com/sites/forbesasiateam/2020/09/14/forbes-asias-power-businesswomen-2020-list/|access-date=2024-09-03}}

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| website = {{URL|www.bloomagebioactive.com}}

}}

Bloomage, also known as Bloomage Biotech, is a biomaterial company based in China.[https://static.sse.com.cn/disclosure/listedinfo/announcement/c/new/2023-03-31/688363_20230331_R2CG.pdf 688363]. Shanghai Stock Exchange.[https://finance.yahoo.com/quote/688363.SS/profile/ Bloomage Biotechnology]. Yahoo. Bloomage primarily specializes in hyaluronic acid and other bioactive substances products. It is listed on the Shanghai Stock Exchange.{{cite web|last=Liu|first=Yujing|title=‘China’s Nasdaq’ mints a billionaire a month in tech frenzy|website=South China Morning Post|date=2020-07-23|url=https://www.scmp.com/business/money/wealth/article/3094330/chinas-nasdaq-style-star-market-mints-one-billionaire-month|access-date=2024-09-03}}[https://www.wsj.com/articles/SB10001424052702304744304579249641567459148 Wall Street Journal].{{cite web|last=Xiang|first=Nina|title=Inside China's Smart Money This Week: November 2-6|website=Forbes|date=2015-11-06|url=https://www.forbes.com/sites/ninaxiang/2015/11/06/inside-chinas-smart-money-this-week-november-2-6/|access-date=2024-09-03}}{{cite web |last=Xiang |first=Nina |date=2015-11-06 |title=Inside China's Smart Money This Week: November 2-6 |url=https://www.forbes.com/sites/ninaxiang/2015/11/06/inside-chinas-smart-money-this-week-november-2-6/ |access-date=2024-09-03 |website=Forbes}}{{cite web |last=Liu |first=Yujing |date=2020-07-23 |title=‘China’s Nasdaq’ mints a billionaire a month in tech frenzy |url=https://www.scmp.com/business/money/wealth/article/3094330/chinas-nasdaq-style-star-market-mints-one-billionaire-month |access-date=2024-09-03 |website=South China Morning Post}}

History

In 2000, Bloomage was established and began to mass-produce hyaluronic acid using microbial fermentation.{{cite web |date=2024-06-25 |title=Bloomage Biotechnology USA, Inc.|url=https://www.happi.com/buyers_guide_company/new-company-7909337627368/ |access-date=2024-09-03 |website=Happi}}

Bloomage's first plant in Jinan was completed and put into production in 2005.

Bloomage was licensed by the US FDA and established a US subsidiary in 2012.{{Cite web|url=https://www.fdanews.com/form483/58730-bloomage-biotechnology-corp-ltd---april-26-2019|title=Bloomage Biotechnology Corp., Ltd.|date=April 26, 2019|website=www.fdanews.com}}[https://www.fda.gov/media/158585/download GRAS Notice No. GRN 00097]. US Food and Drug Administration.[https://www.annualreports.com/HostedData/AnnualReportArchive/v/NASDAQ_VSTM_2017.pdf NASDAQ 2017 annual report].

Products

Bloomage specializes in hyaluronic acid microbial fermentation production. It also focuses on pharmaceutical, cosmetic, and food-grade application products.{{Cite web|url=https://www.bloomberg.com/profile/company/688363:CH|title=Bloomage Biotechnology Corp Ltd|website=www.bloomberg.com}}

Other than hyaluronic acid, Bloomage also manufactures recombinant collagen, ergothioneine, ectoine, GABA, PDRN, among others.{{Cite web|url=http://asianclub.mit.edu/bloomage-biotechnology|title=Bloomage Biotechnology 华熙生物|website=MIT Asian Club}} The company also produces skin fillers and various cosmetic products.{{cite web|last=Yan|first=Alice|title=China’s Bloomage BioTechnology, world’s leading skin-filler maker, eyes smooth future|website=South China Morning Post|date=2016-04-03|url=https://www.scmp.com/news/china/article/1933087/chinas-bloomage-biotechnology-worlds-leading-skin-filler-maker-eyes|access-date=2024-09-03}}{{cite web|title=Traders Seeking China’s Next Target Focus on Pets, Beauty Brands|website=Bloomberg.com|date=2021-08-12|url=https://www.bloomberg.com/news/articles/2021-08-12/pets-beauty-logistics-traders-search-for-china-s-next-targets|access-date=2024-09-03}}[https://www.wsj.com/articles/beauty-and-the-east-chinas-plastic-surgery-boom-1454647259 Beauty and the East: China’s Plastic Surgery Boom]. Feb. 4, 2016. The Wall Street Journal.

References

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