Background / Description
A renowned Chinese institute involved in the R&D and production of Chinese medicine, cosmetics, and health food is seeking technologies broad spectrum, low irritation sunscreen technology for cosmetic products. Potential partners should be capable of:
- Carrying out the R&D of the sunscreen,
- Production and branding of the final product, and
- Mass marketing of the product.
- Broad spectrum (please also specify the SPF)
- Low irritation
Points to note
- The R&D process should not take longer than a year
- A product sample/prototype is expected within half a year; prototype should be subtantiated with safety and efficacy test results (e.g., proven wavelength efficacy, skin sensitisation test, etc).
- Excluding the budget for the R&D, investment and financing of more than CNY 50,000 will be made available for this project.
- Both parties shall hold their respective intellectual property rights and shall be the joint owner of intellectual property rights of joint development achievements.
Preferred Business Model
- R&D Collaboration
- IP Acquisition
- Business Collaboration (Joint Venture, Distribution)
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