SY - So-Young Enters into Strategic Partnership with Healtech to Further Expand Supply Chain Business | Benzinga
BEIJING, Dec. 1, 2023 /PRNewswire/ -- So-Young International Inc. (NASDAQ:SY) ("So-Young" or the "Company"), the largest and most vibrant social community in China for consumers, professionals and service providers in the medical aesthetics industry, today announced that it has entered into a strategic partnership with Healtech, a fully-integrated contract research organization (CRO) and contract manufacturing organization (CMO) for the pharmaceutical industry in China, to jointly develop two regenerative medical aesthetic products and further expand its supply chain business.
The strategic partnership marks another important milestone as So-Young expands further upstream along the medical aesthetic supply chain to develop deeper synergies with its existing business and fully leverage its institutional network and expansive consumer reach. Upstream strategic partnerships allow So-Young to quickly bring new products to market and rapidly make them competitive.
Under the terms of the strategic partnership, So-Young and Healtech will begin ...