Wednesday, August 19, 2026

Kim Jong Un Sends Warm Wishes to Xi Jinping on China’s 76th Birthday: A Strong Alliance in Focus

Kim Jong Un congratulates Xi Jinping on China's 76th anniversary, emphasizing strong ties and cooperation between North Korea and China.

Samsung to Retire Over 50 Million Shares in KRW 3.5 Trillion Buyback

Samsung Electronics plans to retire over 50 M shares, investing KRW 3.5 trillion to enhance shareholder value and stabilize stock prices.

Trump’s New Order: Japanese Cars Get 15% Tariff Cut Before South Korea!

Trump signs an order to reduce Japanese auto tariffs to 15%, raising concerns for South Korean competitiveness in the U.S. market.

Pharmaresearch Acquires CG USA to Strengthen Localization Strategy for Rejuran Cosmetics in the U.S.

HealthPharmaresearch Acquires CG USA to Strengthen Localization Strategy for Rejuran Cosmetics in the U.S.
Courtesy of Pharma Research
Courtesy of Pharma Research

Pharmaresearch announced on the 1st that it has signed an agreement to acquire U.S.-based cosmetics OEM/ODM company CG USA to respond to growing demand for its Rejuran Cosmetics brand and to establish a more stable supply chain in the American market.

CG USA operates a production facility in California and has full capabilities spanning product planning, formula development, manufacturing, filling, packaging, and quality control.

The company also holds cosmetics manufacturing licenses, a U.S. Food and Drug Administration (FDA)-registered facility, and a quality management system compliant with current Good Manufacturing Practice (cGMP), enabling it to produce over-the-counter (OTC) products.

Pharmaresearch decided on the acquisition as demand for Rejuran Cosmetics continues to expand, particularly through Sephora stores and Amazon channels.

Previously, the company supplied products manufactured in Korea to the U.S. market. With the acquisition of CG USA, it now secures a local production base, improving supply chain efficiency across production, logistics, and distribution, while enhancing responsiveness to the market.

Based on this, the company plans to strengthen supply stability in North America and expand further into Canada, as well as broader North and South American markets, through a localized strategy.

Rejuran Cosmetics is a premium dermo-cosmetics brand built on Pharmaresearch’s regenerative medicine technology. It is centered on DOT® c-PDRN, a skin regeneration ingredient derived from salmon DNA fragments, and is expanding its presence in the U.S. market. Expansion into Canada is also planned for the second half of the year.

Pharmaresearch CEO Sohn Ji-hoon said, “The acquisition of CG USA is a strategic decision to strengthen supply stability and expansion capability in the North American market,” adding, “Through this deal, we have secured a local production base and also gained potential for expanding our ODM business in the U.S. in the medium to long term.”

Check Out Our Content

Check Out Other Tags:

Most Popular Articles