Home Blog Page 1901

Schneider Electric champions collaborative ecosystems to advance digital and sustainable transformation at Innovation Summit Hong Kong 2025

  • Innovation Summit Hong Kong 2025 returns with record attendance of over 900, strengthening cross-sector partnerships to accelerate the dual transformation of digitalization and sustainability
  • Portfolio enhancements enable strategic collaborations spanning buildings, data centers and grid infrastructure, delivering integrated solutions for greater resilience and efficiency
  • The summit aims to achieve carbon neutrality through a carbon audit and targeted measures that will undergo independent, third-party verification. Residual emissions will be offset using high-quality carbon credits, reflecting a rigorous and credible approach to sustainable event management

HONG KONG SAR – Media OutReach Newswire – 13 October 2025 – Schneider Electric, the leader in the digital transformation of energy management and automation, concluded Innovation Summit Hong Kong 2025 with a call for collaborative innovation to accelerate the city’s transition towards a more sustainable and resilient energy future.

Miss Diane Wong (6th from right), Under Secretary for Environment and Ecology, Mr Jean-Pascal Tricoire (6th from left), Chairman of Schneider Electric, Ms Christile Drulhe (5th from right), Consul General of France in Hong Kong and Macau, Mr Jonathan Chiu (5th from left), President of Schneider Electric Hong Kong, and representatives of Strategic Partners and Supporting Organizations in attendance at Innovation Summit Hong Kong 2025.
Miss Diane Wong (6th from right), Under Secretary for Environment and Ecology, Mr Jean-Pascal Tricoire (6th from left), Chairman of Schneider Electric, Ms Christile Drulhe (5th from right), Consul General of France in Hong Kong and Macau, Mr Jonathan Chiu (5th from left), President of Schneider Electric Hong Kong, and representatives of Strategic Partners and Supporting Organizations in attendance at Innovation Summit Hong Kong 2025.

The summit welcomed more than 900 industry representatives and distinguished guests, including Miss Diane Wong, Under Secretary for Environment and Ecology, Mr Jean-Pascal Tricoire, Chairman of Schneider Electric, and Ms Christile Drulhe, Consul General of France in Hong Kong and Macau. With the valued support of its Strategic Partners, Supporting Organizations and Innovation Showcase Partners, the summit provided a platform for advancing dialogue on sustainable innovation.

Mr Jean-Pascal Tricoire, Chairman of Schneider Electric (front left), and Mr Jonathan Chiu, President of Schneider Electric Hong Kong (far right), introduce the company’s sustainable and digital innovations to Miss Diane Wong, Under Secretary for Environment and Ecology (2nd from right), and Ms Christile Drulhe, Consul General of France in Hong Kong and Macau (2nd from left), during Innovation Summit Hong Kong 2025.
Mr Jean-Pascal Tricoire, Chairman of Schneider Electric (front left), and Mr Jonathan Chiu, President of Schneider Electric Hong Kong (far right), introduce the company’s sustainable and digital innovations to Miss Diane Wong, Under Secretary for Environment and Ecology (2nd from right), and Ms Christile Drulhe, Consul General of France in Hong Kong and Macau (2nd from left), during Innovation Summit Hong Kong 2025.

Delivering her speech at the event, the Under Secretary for Environment and Ecology, Miss Diane Wong, spoke about the Hong Kong Special Administrative Region’s journey towards carbon neutrality and gave examples of Government or stakeholders exploring innovation options under the four strategies of the Climate Action Plan 2050, including the application of artificial intelligence for weather forecasting, building-integrated photovoltaic pilot scheme, energy performance contracting model, hydrogen development, electricity-free cooling technology and use of recycled plastics to produce noise-absorbing meta-materials. She appealed to all to capitalize on advancement in technology and harness innovation, with a view to achieving a bright, resilient and sustainable future.

Ms Christile Drulhe, Consul General of France in Hong Kong and Macau, said, “As the fusion of digital innovation and environmental sustainability is now a global imperative, France dedicates 22 billion euros to support ecological transitions and digital technology. As Hong Kong and France are aiming for carbon neutrality by 2050, the September 11 MoU on energy efficiency signed by Schneider Electric, Veolia and HKUST illustrates France’s wish to share the expertise of its companies with Hong Kong partners and to foster a promising market.”

Mr Jonathan Chiu, President of Schneider Electric Hong Kong, delivers the Opening Keynote at Innovation Summit Hong Kong 2025.
Mr Jonathan Chiu, President of Schneider Electric Hong Kong, delivers the Opening Keynote at Innovation Summit Hong Kong 2025.

Mr Jonathan Chiu, President of Schneider Electric Hong Kong, said, “At Schneider Electric, we see collaborative ecosystems as key drivers of progress. As innovation accelerates, reflected in developments like AI and advanced energy technologies, these ecosystems are reshaping how we create value, strengthen resilience and drive strategic growth. By building strong cross-sector partnerships, we can accelerate the adoption of technology-driven solutions to address Hong Kong’s most pressing sustainability challenges, while ensuring that progress is inclusive and enduring.”

Record attendance at Innovation Summit Hong Kong 2025 highlights the summit as a premier platform for cross-sector dialogue.
Record attendance at Innovation Summit Hong Kong 2025 highlights the summit as a premier platform for cross-sector dialogue.

Catalyzing transformation through collaborative innovation

At the summit, Schneider Electric showcased its latest innovations in digitalization, electrification and automation, aimed at helping industries navigate today’s complex energy landscape:

– Buildings
As Hong Kong charts its path towards carbon neutrality, the building sector presents both challenges and opportunities. At the summit, Schneider Electric highlighted how technology and strategic partnerships are transforming the way buildings are managed, retrofitted and optimized to support a low-carbon future.

  • Through a recently signed Memorandum of Understanding with The Hong Kong University of Science and Technology (HKUST), Schneider Electric reinforces its commitment – alongside the French innovation community in Hong Kong – to advancing retrofitting as a key strategy for decarbonizing the building sector. The partnership will explore energy-saving opportunities across campus buildings, and promote technical exchange to support improvements in the city’s existing infrastructure.
  • In partnership with a leading property developer in Hong Kong, Schneider Electric is piloting a DC microgrid energy storage system to help reduce energy loss during AC-DC conversion and improve renewable energy capture, laying the groundwork for a future-ready energy infrastructure in commercial and mixed-used developments.
  • Schneider Electric’s latest building solutions are designed to deliver measurable improvements in efficiency and resilience. EcoStruxure Building Data Platform offers centralized access to building data, streamlining integration, management and decision-making. Meanwhile, SpaceLogicTM AI BOX uses digital twin technology and AI to simulate and optimize HVAC performance across operations and maintenance.

– Data Centers
The rapid growth of AI is reshaping the digital landscape, driving increased demand for high-density computing and energy-efficient data center infrastructure. To meet these evolving needs, Schneider Electric is advancing innovative technologies – including liquid cooling and advanced power protection — to support more efficient, reliable and scalable operations.

  • In collaboration with Equinix, Schneider Electric deployed its newest in-rack, direct-to-chip liquid cooling CDU system at the HK1 data center. Designed for ultra-efficient thermal management and energy optimization without major retrofits, the solution enables operators to address the demands of AI-driven workloads with greater reliability and safety.
  • Schneider Electric continues to advance its leadership in data center infrastructure, software and services to meet the demands of the AI era. Following its acquisition of Motivair Corporation, the company has strengthened its end-to-end liquid cooling portfolio for hyperscale, colocation and high-density environments. This strategic move reinforces Schneider Electric’s position as a leading provider of power and cooling infrastructure. Additionally, the new Galaxy VXL UPS sets a benchmark in ultra-compact, energy-efficient and AI-load tolerant design, offering next-generation power protection for critical infrastructure environments.

– Power & Grids

As Hong Kong’s energy transition progresses, the demand for future-ready power infrastructure continues to grow. Schneider Electric is introducing its SF6-free medium voltage switchgears portfolio which replaces the greenhouse gas SF6 with pure air and vacuum, supporting more sustainable energy infrastructure.
In collaboration with a utility company in Hong Kong, Schneider Electric is advancing smarter grids through integrated solutions such as EcoStruxure Advanced Distribution Management System (ADMS) and EcoStruxure Distributed Energy Resource Management System (DERMS), aimed at providing smart and flexible network optimization, and futureproofing infrastructure to support Hong Kong’s evolving energy needs.

– EV Charging

Hong Kong is making steady progress in the adoption of electric vehicles (EVs), supported by strong commitments from both public and private sectors. Ensuring charging infrastructure that is reliable and efficient will be key to supporting long-term growth and meeting future mobility needs.
EcoStruxure for eMobility is Schneider Electric’s integrated architecture designed to support the end-to-end deployment of EV charging infrastructure. It combines smart charging hardware – ranging from AC to DC, including the latest split-type DC fast charger, EVlink Pro DC 720kW – with intelligent load management platforms and services to deliver scalable and future-ready charging across residential properties, commercial buildings, fleets, and industrial domains.
Schneider Electric showcases its latest solutions at the Innovation Hub in digitalization, electrification and automation.
Schneider Electric showcases its latest solutions at the Innovation Hub in digitalization, electrification and automation.

Hashtag: #Technology #Innovation #Ecosystem

The issuer is solely responsible for the content of this announcement.

About Schneider Electric

Schneider’s purpose is to create Impact by empowering all to make the most of our energy and resources, bridging progress and sustainability for all. At Schneider, we call this Life Is On.

Our mission is to be the trusted partner in Sustainability and Efficiency.

We are a global industrial technology leader bringing world-leading expertise in electrification, automation and digitization to smart industries, resilient infrastructure, future-proof data centers, intelligent buildings, and intuitive homes. Anchored by our deep domain expertise, we provide integrated end-to-end lifecycle AI enabled Industrial IoT solutions with connected products, automation, software and services, delivering digital twins to enable profitable growth for our customers.

We are a people company with an ecosystem of 150,000 colleagues and more than a million partners operating in over 100 countries to ensure proximity to our customers and stakeholders. We embrace diversity and inclusion in everything we do, guided by our meaningful purpose of a sustainable future for all.

StarCharge Announces Titan Series Achieves BABA Compliance

— Ohio Manufacturing Facility Supports U.S. Infrastructure Development

COLUMBUS, Ohio, Oct. 13, 2025 /PRNewswire/ — StarCharge proudly announces that its Titan Series DC fast charging products have successfully passed CSA certification and are now fully compliant with the Build America, Buy America Act (BABA).

This milestone demonstrates not only the company’s strong manufacturing capabilities but also its readiness to actively participate in U.S. federal and state infrastructure projects.

Three years ago, StarCharge made a significant investment to establish a research, development, and manufacturing center in Ohio, underscoring its long-term commitment to the U.S. market. Today, the facility is equipped with core capabilities including complete assembly, metal enclosure and busbar processing, and charging adapter assembly. By combining global resources with local production, StarCharge has built a model of global collaboration and local innovation. All equipment undergoes comprehensive quality inspections before delivery, ensuring the highest standards.

[Figure: Titan DC fast charger with BABA certification marking, CSA-audited and ready for deployment]
[Figure: Titan DC fast charger with BABA certification marking, CSA-audited and ready for deployment]

The Ohio facility currently operates two production lines with an annual capacity of 800 DC fast chargers. Plans are underway to expand to five lines with a capacity of 1,600 units, as well as to introduce Battery Energy Storage Systems (BESS) to the U.S. market. In parallel, StarCharge’s Aries / Nova 720kW ultra-fast charging platform is advancing through the BABA certification process, further enriching the company’s product portfolio.

The Ohio facility has already created dozens of local jobs, with the workforce expected to grow to around 100 employees in the near future. This expansion represents not only job creation but also deeper integration with the local community.

Looking ahead, StarCharge will continue to advance with innovation, compliance, and responsibility, working closely with government and industry partners to modernize U.S. energy infrastructure and accelerate the path toward a zero-carbon future.

ADB Lowers Laos’ 2025 Growth Forecast to 3.7 Percent Amid Economic Challenges

Vientiane Capital, Laos. This image is used for representational purpose only. (Photo credit: Business Information Center)

The Asian Development Bank (ADB) has lowered Laos’ 2025 GDP growth forecast from 3.9 percent to 3.7 percent, citing debt vulnerabilities, weak demand, and trade tensions. 

The ADB’s September report notes that despite resilience in key sectors, ongoing fiscal and external challenges continue to weigh on the economy.

Despite these headwinds, services remain the primary growth engine, expected to expand 4.5 percent. Tourism has rebounded strongly, with over 3 million visitors in the first eight months of 2025, bolstering retail, hospitality, and transportation sectors. 

Industry is projected to grow 3.6 percent, supported by gains in energy and manufacturing, while agriculture is forecast to expand modestly by 1.3 percent, aided by favorable weather conditions.

Meanwhile, inflationary pressures have eased considerably, with overall inflation falling to 4.5 percent in August from 11.1 percent in April. Food inflation dropped sharply to 3.1 percent from 24.3 percent year-on-year. 

The Asian Development Bank (ADB) lowers Laos’ 2025 growth forecast from 3.9 percent (April) to 3.7 percent (September) amid debt vulnerabilities and trade challenges. (Photo credit: Asia Development Bank)

The Bank of Laos reduced its policy rate to 9 percent in August, while foreign reserves rose to USD 2.7 billion, providing 3.1 months of import cover.

ADB Country Director for Laos, Shanny Campbell, said that despite the challenges, Laos has strong growth potential. He also praised the government’s efforts to stabilize the economy and its debt management.

However, ADB cautioned that fiscal constraints and trade tensions, including a 40 percent US reciprocal tariff on Laos effective 1 August, among the highest in the region, could slow recovery. 

The growth forecast for 2026 has also been revised slightly downward to 3.8 percent from April’s projection of 4 percent.

At the regional level, ADB now projects Developing Asia’s growth at 4.8 percent in 2025 (down from 4.9 percent in April) and 4.5 percent in 2026 (down from 4.7 percent), as higher US tariffs weigh on exports. Inflation is expected to ease to 1.7 percent in 2025 before rising slightly to 2.1 percent in 2026, supported by fiscal and monetary policy measures.

Sanya, China: “Airline+Marketing” Strategy Boosts Its Growth into a World-Class Tourist Destination


SANYA, CHINA – Media OutReach Newswire – 13 October 2025 – China’s Sanya has witnessed a rapid expansion of its international air routes recently. On October 8, a Belavia Airlines flight landed at Sanya Phoenix International Airport, marking the inaugural flight of the “Sanya-Minsk” route. Subsequently, two more international routes, “Ulaanbaatar ⇄ Sanya ⇄ Ulan-Ude” and “Sanya ⇄ Kuala Lumpur,” have also been launched.

China’s Sanya is developing into a world-class tourism destination through its diversified tourism offerings.
China’s Sanya is developing into a world-class tourism destination through its diversified tourism offerings.

The launch of three international routes within four days marks a strategic move by Sanya to expand its reach into Central Asian, European, and Southeast Asian markets. To date, Sanya has launched 38 international flight routes, connecting the city to destinations such as Bangkok, Frankfurt, Seoul, and St. Petersburg, covering 29 overseas cities in total.

International tourists engage in immersive experiences in China’s Sanya.
International tourists engage in immersive experiences in China’s Sanya.

During the recent summer season, while much of the Northern Hemisphere endured scorching heat, Sanya stood out with its unique maritime climate, forest coverage exceeding 70%, and pleasant average temperatures of 26°C (78.8°F).

“The breeze in Sanya feels like nature’s air conditioning!” exclaimed German tourist Mark as he stepped out of airport. His travel inspiration came from the “Frankfurt-Bangkok-Sanya” flight route trending on Instagram.

For the first Fifth Freedom scheduled passenger flight linking Hainan Free Trade Port with Europe, Sanya collaborated with top aviation influencers to create travel content. The campaign achieved viral success with over 10 million impressions by August, trending worldwide on social media platforms.

This is not the only example of drawing visitors with air routes. Centering on the “Sanya-Minsk” route, Sanya has participated for two consecutive years in the tourism promotion conferences held in Minsk to showcase tourism offerings to the Belarusian market, enhancing Sanya’s global visibility.

In fact, thanks to the strategy that links route expansion with destination marketing, Sanya is fast emerging as a world-class tourist destination. According to official statistics, Sanya received over 700,000 international overnight visitors in the first three quarters of this year, setting a new historical record for the same period.

Sanya has developed customized marketing strategies for each connected flight region: targeting the domestic market, Sanya collaborated with China’s leading e-commerce platform Meituan to launch tourism promotion campaigns, offering thousands of discounted travel packages and achieving more than 500 million online impressions. For Hong Kong, China, tailor-made tourism products such as “1.5 Hours to Paradise” are launched on the Klook platform, driving a year-on-year increase of 87.47% in the number of Hong Kong visitors during the first seven months. For South Korea, travel agencies, media, and associations are invited to visit Sanya to pinpoint tourists’ preferences. For Cambodia, an MoU was signed in early September in this Cambodia-China Tourism Year 2025 between the Sanya Tourism Board and the Cambodia Tourism Board, and Minea Kim, CEO of the latter, called this move a “commitment to friendship and long-term collaboration.”

This “precision matching” strategy proved effective during summer tourism. Teens enjoyed coastal sports at the International Junior Sports Carnival, while families experienced child-friendly events at the Children’s Drama Festival. Health-conscious visitors queued for TCM (traditional Chinese medicine)-inspired drinks at Dadonghai Beach, and trendy consumers engaged with Pop Mart’s DIMOO immersive art campaign.

Tourism momentum has directly fueled spending growth. In the first three quarters of 2025, overnight international visitors spent more than $600 million in Sanya. In addition to the core advantages of duty-free shopping, details such as multilingual services and fusion cuisines also make visitors’ journeys smooth and pleasant.

“Sanya is a great city for travel, where warmth and friendliness can be felt everywhere,” praised Yerkebulan Tynymov, a Russian tourist who visited the city for the first time.

At present, Sanya Phoenix International Airport is accelerating the third-phase expansion, expected to be completed by year-end, boosting annual passenger capacity to 30 million upon operation.

According to an official of the Sanya Tourism Board, the city will introduce more diverse tourism products and consumption experiences to accommodate the preferences of global visitors.

Hashtag: #Sanya

The issuer is solely responsible for the content of this announcement.

Visa cardholders worldwide to get early access to 2025 MAMA AWARDS tickets

SINGAPORE, Oct. 13, 2025 /PRNewswire/ — Visa, a global leader in digital payments, announced today two exclusive presales specially for Visa cardholders worldwide for the 2025 MAMA AWARDS), the world’s No.1 K-POP Awards, presented annually by South Korean leading entertainment company CJ ENM.

Promotional details for the Visa Infinite Presale and Visa Presale for the 2025 MAMA AWARDS
Promotional details for the Visa Infinite Presale and Visa Presale for the 2025 MAMA AWARDS

This is the second year that Visa is serving as the exclusive title sponsor for the MAMA AWARDS, after a successful 2024 MAMA AWARDS in the United States and Japan that celebrated the best of K-pop and marked Visa’s first foray into Asia’s music industry.

Held on 28 and 29 November at Hong Kong’s Kai Tak Stadium for the first time, the 2025 MAMA AWARDS promises to be another spectacle for K-pop fans worldwide. As the title sponsor, Visa will hold the Visa Infinite Presale – exclusive to Visa Infinite cardholders – and the Visa Presale on ticketing platform Cityline for cardholders worldwide to purchase tickets to the awards ceremony:

  • Visa Infinite Presale: Visa Infinite cardholders globally will enjoy the earliest opportunity to purchase tickets to the awards ceremony from 10am to 2pm on 17 October (GMT+8) on Cityline
  • Visa Presale: All Visa cardholders worldwide will be able to access the Visa presale from 6pm on 17 October till 2pm on 18 October (GMT+8) on Cityline

Visa continues to support global events that inspire people worldwide through various sponsorships and partnerships across sports, music, and entertainment, including the Olympic and Paralympic Games. Visa is also the official payment technology partner of FIFA World CupTM since 2007 and will provide seamless and secure transaction experiences during the FIFA World Cup 26TM.

Watch out for the Visa Infinite Presale and Visa Presale on: https://www.cityline.com/

About Visa

Visa (NYSE: V) is a world leader in digital payments, facilitating transactions between consumers, merchants, financial institutions and government entities across more than 200 countries and territories. Our mission is to connect the world through the most innovative, convenient, reliable and secure payments network, enabling individuals, businesses and economies to thrive. We believe that economies that include everyone everywhere, uplift everyone everywhere and see access as foundational to the future of money movement. Learn more at Visa.com

Singclean Anti-adhesion Technology With Professor Osama Shawki Shines at FIGO

CAPE TOWN, South Africa, Oct. 13, 2025 /PRNewswire/ — Singclean Medical, in partnership with Kayan Al-Seha Medical (KSM) and Professor Osama Shawki, successfully made its debut at the FIGO World Congress of Gynecology and Obstetrics 2025, held from October 5–9 at the Cape Town International Convention Centre. Participation at FIGO, marks a key milestone in Singclean’s global strategy and growing influence in women’s healthcare.

 

Singclean Innovative Anti-adhesion Technology with Professor Osama Shawki at Figo 2025

Professor Osama Shawki’s Keynote Highlights Singclean® Adhesion Barrier

One of the most anticipated moments of the Congress was the keynote lecture by Professor Osama Shawki, a globally recognized leader in minimally invasive gynecologic surgery and the board member of the International Society Gynecologic Endoscopy (ISGE). His session, titled “Sharpen Your Skills, Make Your Throne in Hysteroscopy,” attracted widespread attention from international medical professionals and academic experts.

Singclean  Adhesion Barrier with Professor Osama Shawki
Singclean Adhesion Barrier with Professor Osama Shawki

During his presentation, Professor Shawki shared groundbreaking perspectives on advanced hysteroscopic technologies and adhesion prevention strategies, with a special focus on the clinical advantages of the Singclean® Sodium Hyaluronate Gel for Anti-adhesion in gynecological procedures.

Singclean® Adhesion Barrier features an optimized absorption period of 7–14 days, creating a reliable protective barrier that aligns precisely with the critical wound-healing phase when adhesion risks are highest. This tailored design enhances patient recovery and supports superior clinical outcomes.

Deepening Global Collaboration

FIGO 2025 also served as an important platform for strengthening Singclean’s international partnerships.

Together with its partner Kayan Al-Seha Medical (KSM), Singclean is committed to promoting innovative anti-adhesion solutions in Saudi Arabia, aiming to enhance the quality of local healthcare services.

The Congress also provided an opportunity for closer cooperation with Singclean’s South African partner, Sure Medica, laying the foundation for deeper collaboration in product localization, professional training, and market development across the African region.

These strategic partnerships reflect Singclean’s long-term vision of enhancing access to advanced medical technologies and fostering sustainable development in regional healthcare systems.

Looking Ahead

By showcasing its adhesion prevention solutions alongside Professor Shawki’s influential presentation, Singclean demonstrated its core brand philosophy: “Innovation Leading • Technology Empowering.” The company will continue to work closely with KSM, Sure Medica, and other global partners to advance biomaterial solutions, improve surgical outcomes, and bring meaningful health benefits to women worldwide.

Another Star-Studded Event in Hengqin Draws Global Attention

2025 Hengqin International Mozart Competition for Young Musicians Concluded Successfully

MACAU and ZHUHAI, China, Oct. 13, 2025 /PRNewswire/ — The 2025 Hengqin International Mozart Competition for Young Musicians concluded with resounding success on September 21, 2025, at the Hengqin Culture & Art Complex, marking the end of a 13 day’s journey with music. This year’s competition attracted hundreds of young musicians from 23 countries and regions to register, with 75 candidates – the largest number in the history of the competition – competing on stage. Over the past decade, the International Mozart Competition for Young Musicians has grown into an eminent cultural emblem of the Guangdong-Hong Kong-Macao Greater Bay Area, stands as an internationally recognized youth music competition of the highest caliber, fostering communication between China and the world while opening new possibilities for the development of the music business.

 

Global young talents unite in Hengqin, sharing passion, music, and unforgettable moments.

The competition, judged by a distinguished panel of world-class artists and educators, focused on the violin this year, across three categories by age. While centered on the music by Mozart, the repertoire also included works by Bach, Paganini, among others, alongside a dedicated program of Chinese works. This balance of tradition and innovation not only tested technical skills but also challenged the candidates’ artistic expression. In the end, 11 winners were selected across the three categories.

The Closing Concert brought together the Salzburg Chamber Soloists and four prize-winners, who delivered a vivid night combining Mozart classics with Chinese masterpieces, to great acclaim from the audience. Beyond the competition, a dozen cross-over events were held in Hengqin and Macao, attracting thousands of participants, strengthening both aesthetic education for the young people and regional cultural integration. As the curtain falls, anticipation already builds for the next Hengqin International Mozart Competition for Young Musicians, which will return every year to continue its mission.

CONTACT: Jeremy Wu, jeremy.wu@huafagroup.com 

Together in harmony — celebrating talent, friendship, and music at the closing concert
Together in harmony — celebrating talent, friendship, and music at the closing concert

Experts and artists share insights on cross-border cultural development in Hengqin
Experts and artists share insights on cross-border cultural development in Hengqin

GC Biopharma Secures CMO Rights for Shingles Vaccine from Curevo Vaccine

YONGIN, South Korea, Oct. 13, 2025 /PRNewswire/ — GC Biopharma (006280.KS), a South Korean biopharmaceutical company, announced today that it has signed an agreement with Curevo Vaccine to secure contract manufacturing (CMO) rights for amezosvatein (development name: CRV-101), a recombinant shingles vaccine currently under clinical development.

Under the terms of the agreement, GC Biopharma will be responsible for producing a portion of the commercial supply of amezosvatein for global markets.

The global shingles vaccine market is currently dominated by GSK’s Shingrix. Since its launch in 2018, the market has grown at an average annual rate of approximately 20%, expanding from KRW 1 trillion in 2017 to around KRW 6 trillion (USD ~4.4 billion) in 2024. Shingrix recorded over KRW 5 trillion (GBP 3.4 billion[1]) in global sales last year, capturing more than 90% of the market.

Amezosvatein is an adjuvanted recombinant protein vaccine, similar in format to Shingrix, but uses a synthetic adjuvant designed to reduce local (injection-site pain) and systemic (influenza-like) reactions after vaccination to levels typical of conventional vaccines. The company believes this feature could position the product as a differentiated alternative with a superior tolerability profile.

In fact, amezosvatein demonstrated non- inferior immune system activity in early Phase 2 trials compared to the leading competitor and showed favorable tolerability results. Currently, Curevo Vaccine is conducting an expanded Phase 2 study in 640 adults aged 50 and older. The company aims to complete this trial by 2026 and move directly into Phase 3, paving the way for global commercialization.

The company expects that the addition of amezosvatein to the shingles vaccine landscape will offer patients and healthcare providers a valuable alternative, expanding choice in a market currently dominated by a single product.

“This agreement marks a critical milestone in securing long-term growth drivers for GC Biopharma,” said Huh Eun-Chul, CEO of GC Biopharma. “We will continue to expand our global vaccine business through strategic collaborations and differentiated technologies.”

[1] Source: GSK Q4 2024 Earnings Announcement

About GC Biopharma

GC Biopharma (formerly known as Green Cross Corporation) is a biopharmaceutical company headquartered in Yong-in, South Korea. The company has over half a century of experience in the development and manufacturing of plasma derivatives and vaccines, and is expanding its global presence with successful US market entry of Alyglo® (intravenous immunoglobulin G) in 2024. In line with its mission to meet the demands of future healthcare, GC Biopharma continues to drive innovation by leveraging its core R&D capabilities in engineering of proteins, mRNAs, and lipid nanoparticle (LNP) drug delivery platform to develop therapeutics for the field of rare disease as well as I&I (Immunology & Inflammation). To learn more about the company, visit https://www.gcbiopharma.com/eng/

This press release may contain biopharmaceuticals in forward-looking statements, which express the current beliefs and expectations of GC Biopharma’s management. Such statements do not represent any guarantee by GC Biopharma or its management of future performance and involve known and unknown risks, uncertainties, and other factors. GC Biopharma undertakes no obligation to update or revise any forward-looking statement contained in this press release or any other forward-looking statements it may make, except as required by law or stock exchange rule.

GC Biopharma Contacts (Media)

Sohee Kim
shkim20@gccorp.com

Yelin Jun
yelin@gccorp.com

Yoonjae Na
yjy6520@gccorp.com