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SHENZHEN, China, April 11, 2025 /PRNewswire/ -- Recently, Yole Group, an international research institute and market research & strategy consulting company, released the LiDAR for Automotive 2025 report (hereinafter referred to as the "Report"). According to the Report, RoboSense has secured three global No.1 positions in the automotive LiDAR market: No.1 in 2024 global passenger car LiDAR market share, annual sales champion for ADAS LiDAR, and cumulative ADAS sales champion from 2018 to 2024. These achievements further demonstrate RoboSense's leading position and strong capabilities in the global LiDAR industry. 2023 vs. 2024 Market Share (Top) and LiDAR Installed in 2024 (Bottom) The Report also highlights RoboSense's progress in globalization, expansion into the Robotaxi market, and cutting-edge technology development over the past year, indicating a promising future. Market Leadership Market Share Leader, Annual and Cumulative Sales Champion According to the Report, the global passenger car LiDAR market is experiencing rapid growth, with a 68% YOY increase in 2024 and market size reaching USD 692 million. RoboSense ranked first globally with a 26% market share. Thanks to the widespread adoption of high-level ADAS with LiDAR in China, the global market is booming, with Chinese LiDAR brands accounting for 92% of global share — closely linked to Chinese automakers' large-scale deployment and reliance on domestic supply chains. The Report also notes that approximately 1.6 million LiDAR units were installed in passenger vehicles globally in 2024, more than doubling from the previous year. RoboSense ranked No.1 in global annual sales with 519,800 units sold. Among the rapidly expanding passenger car LiDAR market, the Report identifies RoboSense as the leader among the "Big Four" Chinese LiDAR companies. RoboSense's impressive market performance is the result of its long-standing commitment to market-driven collaboration and continuous technological innovation. As of the end of March 2025, RoboSense has established close partnerships with over 30 OEMs and Tier 1 suppliers worldwide, including BYD, Zeekr, and IM, with more than 100 vehicle models awarded. From January to March 2025, RoboSense has supported the launch and debut of 15 collaborative models, including Toyota bZ3X, GAC Trumpchi S7, and Geely Galaxy E8. With the rapid adoption of L2+ advanced driving assistance systems, over 10 vehicle models in the ¥150,000–¥200,000 range have launched mass-produced models equipped with RoboSense LiDAR. Furthermore, Yole Group estimates that between 2018 and 2024, RoboSense led the cumulative global passenger car LiDAR sales with over 800,000 units sold, far ahead of other brands — solidifying its position as a global leader in LiDAR technology and delivery capabilities. Accelerating Global Expansion Mass Production Collaboration in EU, U.S., and Japan The Report indicates that China, the EU, the U.S., Japan, and Korea are all showing active plans to release car models equipped with LiDAR. Chinese OEMs are expected to release 111 car models with LiDAR in 2025 or soon after. EU OEMs are projected to launch 4+ car models with LiDAR, while U.S. OEMs plan to release 2. Additionally, Japanese and Korean OEMs are expected to release 2+ car models with LiDAR in 2024 or soon after. While maintaining its leading position in China, RoboSense is rapidly expanding globally with its high-performance and highly reliable LiDAR products, becoming a preferred partner for overseas OEMs in their smart transformation. RoboSense has secured 8 overseas and Sino-foreign joint venture brand partnerships, including a top-tier Sino-American joint venture automaker, all three of Japan's top automakers, two Sino-European collaborative brands, a leading emerging automaker in North America, and a North American new energy vehicle brand — covering major automotive markets across Europe, North America, and Asia-Pacific. L4 LiDAR Market Rapid Expansion and Securing Multiple Leading Robotaxi Clients As the global Robotaxi market shifts from pilot programs to large-scale deployment, the number of LiDAR units per vehicle is expected to rise significantly, accelerating growth in the L4 LiDAR segment. Yole Group forecasts that the global L4 LiDAR market will reach USD 166 million in 2024, a 35% YOY increase. Among the 10 L4 autonomous driving companies listed in the Report, six have adopted RoboSense's LiDAR product, reflecting its exceptional performance and industry recognition. With its stable, reliable, and automotive-grade LiDAR, RoboSense is poised to become a mainstream supplier for commercial Robotaxi vehicles, unlocking significant growth opportunities. Cutting-Edge Technology and Full Product Portfolio Full-Stack Chip Self-Development Drives Digital Transformation The Report also analyzes technology trends among leading global LiDAR suppliers. According to Yole Group, RoboSense is the only global LiDAR brand offering a complete portfolio that includes mechanical, 1D and 2D hybrid solid-state, and full solid-state LiDAR products — leveraging innovation to stay ahead in diverse application scenarios. Yole Group also notes that RoboSense, among others, has begun incorporating SPAD-SoC chips in its latest product designs. By combining VCSEL with SPAD-SoC, LiDAR systems can achieve longer detection range and higher resolution, breaking through performance limitations. As a pioneer of LiDAR technology, RoboSense integrated LiDAR technology architecture in 2024 and mastered full-stack chip self-development, covering transceiving, scanning, and data processing. With a comprehensive product platform featuring "1D mechanical scanning, 2D MEMS scanning, and all-solid-state array scanning," RoboSense has pioneered the mass production of digital LiDAR and established the industry's most complete product portfolio. This allows rapid development and iteration to meet the diverse needs of intelligent driving, robotics, and other applications. Amid widespread adoption of intelligent driving and rapid growth in the robotics industry, demand for LiDAR sensors and fusion perception solutions is rising rapidly. As the world's first company to ship over one million LiDAR units, RoboSense will continue to strengthen its global leadership in technology and mass production, driving the industry toward a smarter, safer, and more efficient future. About RoboSense RoboSense (2498.HK), founded in 2014, is an AI-driven robotic technology company that supplies advanced and reliable incremental components and solutions for the robotic industry. The company is committed to "become a global leader in robotic technology platforms," and its mission is "Safer world, Smarter life." For more information about RoboSense, visit https://www.robosense.ai 2018–2024 Cumulative Volumes (Top) and LiDAR Market Dynamics (Bottom) Robotaxi LiDAR Sensors (Top), LiDAR Technology Trends (Middle), and LiDAR Technology vs. Performance (Bottom)
Australia's Largest Operational DC-Coupled Solar-Plus-Storage Project – The 128 MWdc / 100 MWac PV + 55 MW / 220 MWh BESS Cunderdin Hybrid Project will significantly enhance renewable energy integration. The project reached full commercial operation in March 2025 after several months of commissioning tests and is now delivering 100% power to the grid. Efficient DC-Coupled System Architecture – Sungrow's advanced design reduces conversion losses and improves overall energy efficiency. Strengthening Grid Stability – The system supports peak shaving, load balancing, and real-time grid response within the South West Interconnected System (SWIS). Powered by Sungrow's PowerTitan – Featuring AI-driven monitoring, liquid-cooled thermal control, and a modular design for enhanced reliability. CUNDERDIN, Australia, April 11, 2025 /PRNewswire/ -- Sungrow, the global leading PV inverter and energy storage system provider is proud to have contributed to the Cunderdin Hybrid Solar PV + BESS Project, that has been officially inaugurated on April 1, 2025 by Global Power Generation Australia (GPG Australia). With a total inverter capacity of 136 MVA and a total storage capacity of 55MW / 220MWh, the project stands as Australia's largest DC-coupled solar-plus-storage installation to date and marks GPG's first hybrid project. Australia’s Largest Operational DC-Coupled Solar-Plus-Storage Project Sungrow plays a key role in Australia’s Largest Operational DC-Coupled Solar-Storage Project inaugurated by Global Power Generation in Cunderdin Strategically located in Cunderdin, Western Australia, the project features Sungrow's fully DC-coupled system architecture, which connects the PV system directly with the battery storage to form an integrated and highly efficient energy solution. This setup enhances overall energy efficiency by enabling power to flow directly from the PV array to the battery without AC conversion, minimising energy loss and improving system performance. The configuration also supports curtailment recapture, storing excess solar energy that would otherwise go unused, and enables advanced functions such as energy time shifting and ancillary services—delivering electricity during peak hours and supporting grid needs like frequency and voltage regulation. As part of the South West Interconnected System (SWIS)—Western Australia's primary electricity network—the project plays a critical role in enhancing grid stability and renewable energy penetration. By providing peak shaving, load balancing, and real-time grid response capabilities, the system helps address the intermittency challenges of solar energy and ensures greater flexibility for the wholesale electricity market. The project features 80 units of Sungrow's PowerTitan energy storage system, equipped with advanced liquid-cooled thermal control technology. AI-powered cell-level monitoring, combined with cluster-level balancing, ensures efficient performance and operational reliability across various conditions. The system's modular design further streamlines installation and maintenance, offering long-term adaptability. Sungrow's extensive experience in grid connection solutions across Australia has played a key role in the successful implementation of the Cunderdin project. With globally leading grid-connection capabilities, Sungrow enables high-efficiency integration into large-scale power systems. In this case, the solution supports dynamic grid response, voltage regulation, and frequency control, ensuring smooth and stable interaction with the South West Interconnected System (SWIS). In addition to technical excellence, Sungrow has provided end-to-end project support, including design, delivery, commissioning, and grid integration, demonstrating its role as a trusted solutions partner. The system also incorporates multi-level safety mechanisms, from cell-level thermal control to system-level fault detection and isolation, making it robust enough for utility-scale deployment. The Cunderdin project also reflects the shared strategic vision of Sungrow and their client GPG in advancing the clean energy transition in Australia. For GPG, it strengthens the company's sustainable infrastructure portfolio in one of the world's most dynamic renewable energy markets. For Sungrow, the project affirms its technical leadership, commercial delivery capability, and long-term commitment to the Australian energy landscape. "We are proud to support GPG in delivering one of the most advanced solar and storage projects in Australia, reaffirming Sungrow's commitment to accelerating the global clean energy transition," Joe Zhou, Country Director of Sungrow Australia, stated. After several months of commissioning tests, the project reached full commercial operation in March 2025 and is now exporting 100% power to the grid. It stands as a landmark achievement in Australia's clean energy journey, further reinforcing Sungrow's position at the forefront of global solar-storage innovation. About GPG Global Power Generation (GPG), a subsidiary of Naturgy Group, develops and operates electricity generation assets worldwide. GPG focuses on high-efficiency, low-emission technologies, with a growing portfolio of renewable and sustainable projects. About SWIS The South West Interconnected System (SWIS) is Western Australia's main electricity network, supplying power to major metropolitan and regional areas. It is central to the state's energy infrastructure and plays a critical role in enabling renewable energy integration. About Sungrow Sungrow, a global leader in renewable energy technology, has pioneered sustainable power solutions for over 28 years. As of December 2024, Sungrow has installed 740 GW of power electronic converters worldwide. The Company is recognized as the world's No. 1 on PV inverter shipments (S&P Global Commodity Insights) and the world's most bankable energy storage company (BloombergNEF). Its innovations power clean energy projects in over 180 countries, supported by a network of 520 service outlets guaranteeing excellent customer experience. At Sungrow, we're committed to bridging to a sustainable future through cutting-edge technology and unparalleled service. For more information, please visit: www.sungrowpower.com.
DKSH Malaysia is leading the way towards a sustainable future with a series of latest and ongoing initiatives like green logistics, eco-friendly packaging, and renewable energy, highlighting its commitment to reducing environmental impact and achieving operational excellence. PETALING JAYA, Malaysia, April 11, 2025 /PRNewswire/ -- DKSH Malaysia, a leading partner for businesses seeking for growth in Asia and beyond, is proud to announce a series of latest and ongoing transformative sustainability initiatives designed to reduce environmental impact, enhance operational efficiency, and drive meaningful change. These efforts include sustainable logistics solutions, eco-friendly packaging, renewable energy integration, and the adoption of cutting-edge technologies. Expanding our green logistics efforts, DKSH Malaysia introduces electric vehicles (EVs) into our fleet for sustainable last-mile delivery. DKSH Malaysia Healthcare has partnered with a leading logistics provider to implement a groundbreaking eco-friendly reverse logistics model. This initiative combines electric vehicles (EVs) with Malaysia's Light Rail Transit network, repurposing the system's underutilized capacity[1] to enhance delivery efficiency while maintaining a controlled temperature for temperature-sensitive products. Equipped with dedicated cargo chambers and partitioned trolleys, the system maintains product integrity throughout transit. Expanding these green logistics efforts to the Business Unit Consumer Goods, DKSH has also introduced EVs into its fleet for last-mile delivery. By integrating EVs into its delivery network, DKSH has significantly reduced its reliance on fossil fuels in transportation, paving the way for a cleaner and more sustainable transportation model. These initiatives highlight DKSH's commitment to driving innovation and sustainability in logistics, reinforcing its role as a leader in environmentally conscious market expansion services. As part of its commitment to enhancing sustainability in healthcare, single-use styrofoam packaging has been replaced with durable, reusable temperature-controlled boxes for transporting goods. This initiative reflects DKSH's dedication to minimizing packaging waste and fostering a more sustainable supply chain. On the energy front, solar panels have been installed at several facilities such as Shah Alam Distribution Center, marking a major milestone in DKSH's renewable energy journey. These panels not only reduce greenhouse gas emissions of our facilities by generating clean energy but also contribute to energy efficiency and cost savings, underscoring DKSH's dedication to sustainability. These initiatives underscore DKSH Malaysia's steadfast commitment to building more sustainable value chains and achieving net-zero emissions. Aligned with DKSH's long-term ambition to drive responsible growth and environmental stewardship, these efforts represent a holistic approach to sustainability — addressing environmental challenges while creating lasting value for our clients, communities, and the planet. "At DKSH, sustainability is not just a strategy; it is a way of doing business. By embracing innovative solutions like green logistics, reusable packaging, and renewable energy, we are paving the path to a future where innovation and environmental care go hand in hand," said Sandeep Tewari, Vice President, Healthcare and Head, Country Leadership, DKSH Malaysia. Daniel Schwalb, Vice President, Fast Moving Consumer Goods, DKSH Malaysia, explained: "Leading with sustainability means looking beyond the bottom line, it is about ensuring that every product we move and every action we take contributes to a healthier and more sustainable planet." Joel Solomon, Vice President, Supply Chain Management, DKSH Malaysia, added: "Sustainability is the foundation upon which we build our future. These efforts demonstrate our dedication to setting supply chain benchmarks for sustainability within our industry, ensuring a brighter future for all." [1] Shazrie, A., (2024) Diolko pioneers green last-mile delivery using public transport. The Sun, https://thesun.my/business-news/diolko-pioneers-green-last-mile-delivery-using-public-transport-BH13413507. About DKSHFor 160 years, DKSH has been delivering growth for companies in Asia and beyond across its Business Units Healthcare, Consumer Goods, Performance Materials, and Technology. As a leading Market Expansion Services provider, DKSH offers sourcing, market insights, marketing and sales, eCommerce, distribution and logistics as well as after-sales services, following its purpose of enriching people's lives. DKSH is a participant of the United Nations Global Compact and adheres to its principles-based approach to responsible business. Listed on the SIX Swiss Exchange, DKSH operates in 36 markets with 28,060 specialists, generating net sales of CHF 11.1 billion in 2024. www.dksh.com
Sungrow's GRES was an insightful opportunity for leading experts across the globe to exchange thoughts on pivotal topics toward a sustainable future. The event covered a broad range of topics, relevant to technological innovation, market trends, and safety in renewable energy. HEFEI, China, April 11, 2025 /PRNewswire/ -- Reaffirming its commitment to supporting global partners and driving the transition to a sustainable future, Sungrow successfully hosted the Global Renewable Energy Summit (GRES) 2025 on April 7–9. Under the theme "Innovation that Inspires Sustainability", the summit welcomed global experts, partners, and stakeholders to explore cutting-edge developments shaping the renewable energy industry. Sungrow GRES 2025 Driving Innovation: New Products and Technologies Unveiled "Innovation is our DNA. It drives our breakthroughs, inspires our solutions, and defines our future," said Jack Gu, Vice Chairman of Sungrow. At the summit, Sungrow launched its latest innovations in solar and storage sectors, along with an industry-leading white paper on grid-forming technologies. A highlight was the 1+X 2.0 Modular Inverter, tailored for utility-scale applications. The inverter provides increased modularity compared to the previous version, with a more scalable block design from 800kW to 9.6MW. It enables stable operation without derating at temperatures up to 50 degrees Celsius and boasts AI-driven fault detection and advanced grid-forming capabilities, The inverter meets high demands for superior performance, maximum availability, and enhanced reliability. Sungrow 1+X 2.0 Modular Inverter Launches at GRES 2025 Also introduced was PowerStack 255CS, a liquid-cooled energy storage system for commercial & industrial (C&I) markets. Equipped with advanced 314Ah battery cells, it offers flexible power capacities—257kWh (2-hour system) or 514kWh (4-hour system)—along with over 90% round-trip efficiency and a 20-year design life. Fully integrated with PCS, EMS, and BMS, and certified under stringent global safety standards such as UL9540 and NFPA855, the system ensures seamless operation across a wide range of scenarios: including C&I standalone ESS, PV plus ESS, EV chargers plus ESS, and microgrids. Sungrow also unveiled its Stem Cell Grid-Forming Tech 2.0 White Paper, a milestone in ensuring grid security and reliability from a systematic perspective. As power grids evolve, this groundbreaking technology positions Sungrow at the forefront of a more resilient and sustainable energy infrastructure. Sungrow C&I ESS PowerStack 255CS Launches at GRES 2025 Energy Transition: Progress and Gaps The global transition from fossil fuels to renewables is accelerating, driven by the urgency to mitigate climate change and achieve net-zero emissions. "Global clean energy equipment trade keeps rising," said Dr. Ali Izadi, Head of APAC Research at BloombergNEF. Renewables accounted for over 90% of global power additions last year, with 585GW of new capacity. Yet the pace is still insufficient to meet the COP28 goal of tripling global renewable power capacity to over 11 TW by 2030. Tarig Ahmed, Regional Programme Officer of MENA region, International Renewable Energy Agency (IRENA), voiced this concern, urging collective action to close the gap. Dr. Ali Izadi, Head of APAC Research at BloombergNEF, Speaking at GRES 2025 Breakthroughs in PV and Energy Storage Technological innovation is essential to drive deep decarbonization. Professor Kashem Muttaqi from the University of Wollongong pointed out that innovative sustainable energy technologies for future electricity grids are essential, including grid-forming technology, smart power devices, development trends of inverter and energy storage systems, and flexible application scenarios. Key sessions covered a range of energy storage topics, including Sungrow's advancements in grid-forming technology which is Sungrow's answer to the future power grid, and the impressive PowerTitan 2.0 large-scale burn test, showcasing the latest developments on the BESS safety. Tarig Ahmed, Regional Programme Officer of MENA Region, IRENA, Speaking at GRES 2025 The summit spotlighted successful ESS case studies, including the Bramley 331MWh ESS project by BW ESS and the Saudi Arabia 7.8GWh ESS project by AlGihaz Holding. The Bramley ESS project achieved commercial operations from grid energization in two weeks, while the 7.8GWh ESS project set records with production-to-deployment in two months – redefining speed in grid-scale energy storage applications. The Net Zero Scenario requires multiple technologies to succeed. Professor Pavol Bauer from Delft University of Technology emphasized the role of multi-technology integration—source-grid-load-storage energy hubs—in shaping a more flexible and resilient energy system. Experts also discussed the future potential of virtual power plants (VPPs), EV charging, and green hydrogen as part of a connected, low-carbon ecosystem. Professor Kashem Muttaqi from the University of Wollongong, Speaking at GRES 2025 Distributed Energy Solutions on the Rise As the demand for clean, decentralized energy grows, distributed generation systems—typically installed close to the point of use—are gaining momentum worldwide. These systems provide efficient, localized energy solutions that contribute to grid flexibility and energy independence. Sungrow remains at the forefront of this transformation. Its distributed energy solutions already serve over 4 million residential, commercial, and industrial users worldwide. At the summit, Sungrow demonstrated its comprehensive strengths across product innovation, marketing strategy, and service excellence. With a robust and continuously expanding product portfolio, the company is committed to enhancing efficiency, safety, and reliability. At the same time, Sungrow supports its partners with global marketing resources and expertise, as well as a responsive service network, ensuring long-term growth and mutual success. Distributors attending the summit also shared valuable perspectives on navigating the evolving distributed energy landscape, highlighting the importance of continued collaboration. Another milestone at the summit was the official launch of the Sungrow Foundation, an initiative dedicated to promoting ecological sustainability through professional expertise. With the mission of "Gathering goodwill for a better world", the Foundation will focus on four key areas: ecological environment improvement, community development, popular science & education support, as well as emergency response & disaster prevention. About Sungrow Sungrow, a global leader in renewable energy technology, has pioneered sustainable power solutions for over 28 years. As of December 2024, Sungrow has installed 740 GW of power electronic converters worldwide. The Company is recognized as the world's No. 1 on PV inverter shipments (S&P Global Commodity Insights) and the world's most bankable energy storage company (BloombergNEF). Its innovations power clean energy projects in over 180 countries, supported by a network of 520 service outlets guaranteeing excellent customer experience. At Sungrow, we're committed to bridging to a sustainable future through cutting-edge technology and unparalleled service. For more information, please visit: www.sungrowpower.com.
Celebrating 10 years of honoring exceptional leadership in sustainability, global citizenship, and education SEOUL, South Korea, April 11, 2025 /PRNewswire/ -- The Sunhak Peace Prize Ceremony took place on Friday, April 11, at the Crystal Ballroom of Lotte Hotel World, Seoul, attended by over 750 international guests, including global leaders, former heads of state, and prominent civil society representatives. Celebrating its 10th anniversary, the Prize honored three distinguished leaders for their significant contributions in environmental sustainability, global citizenship, and educational innovation. From left to right (H.E. Goodluck Jonathan, Dr. Samuel Radebe, Dr. Hak Ja Han Moon, Dr. Wanjira Mathai, Mr. Hugh Evans, Dr. Patrick Awuah, Jr) Wanjira Mathai from Kenya was recognized for her outstanding environmental leadership, notably through the AFR100 initiative and the Green Belt Movement. Her dedicated efforts have contributed significantly to environmental restoration, with over 51 million trees planted to rehabilitate degraded landscapes across Africa. Hugh Evans from Australia, co-founder and CEO of Global Citizen, received the prize for his exceptional commitment to global citizenship. Through his leadership, Global Citizen mobilized over $43 billion, directly impacting the lives of more than 1.3 billion individuals worldwide by addressing poverty, health, education, and access to essential services. Patrick Awuah Jr., founder of Ashesi University in Ghana, was honored for transforming African higher education. His visionary leadership introduced innovative curricula emphasizing ethics, gender equality, critical thinking, and leadership. Ashesi University is now recognized as a pioneering institution, producing graduates equipped to lead positive social change across Africa and beyond. The Founders' Award was presented to former Nigerian President Goodluck Jonathan for his contributions to peaceful democratic transitions and good governance, and Samuel Radebe from South Africa for his dedication to interreligious harmony and community peace in Africa. Meanwhile, the awarding of the Founders' Award to Xanana Gusmão, Prime Minister of Timor-Leste, was postponed due to unavoidable circumstances. In his congratulatory remarks, former UN Secretary-General Ban Ki-moon stated, "On its 10th anniversary, the Sunhak Peace Prize continues to spotlight the vital contributions of unsung heroes to global peace and solidarity. I deeply commend the laureates for their inspiring dedication and extend heartfelt gratitude to Founder Dr. Hak Ja Han Moon for her visionary leadership and unwavering support of global peace efforts." For more information, please visit www.sunhakpeaceprize.org or contact:Sunhak Peace Prize Secretariatsunhakprize@gmail.com
SUZHOU, China, April 10, 2025 /PRNewswire/ -- EonveLab, a subsidiary of ImmVira Group ("ImmVira," or the "Company"), recently announced that its in-house developed engineered exosome product, MVR-EX103, developed for treating superficial skin depressions, has successfully passed the review of the International Cosmetic Ingredient Nomenclature Committee ("INC") and been officially granted a standardized International Nomenclature Cosmetic Ingredient ("INCI") name under the designation "Exosome." This marks the first engineered exosome worldwide to receive an INCI designation, highlighting ImmVira's leadership in the field and a significant advancement in the development of next-generation cosmetic ingredients. As a globally recognized regulatory standard, the INCI system has been widely adopted across major markets, including the U.S., EU, and China. The INCI system ensures reliable safeguards for transparency and consistency, which facilitates international regulatory compliance while enhancing consumer trust through ingredient labeling clarity and formulation safety. Based on its OVPENS platform, ImmVira has developed a series of engineered exosome pipelines capable of simultaneous multi-protein delivery, targeting critical unmet medical needs in complex chronic and anti-aging related diseases. Compared to naturally derived exosomes, engineered exosomes offer advantages, including consistency and controllability in quality derived from stable cell lines, precise and stable therapeutic function benefiting from the precisely designed targeting functional proteins, and scalable GMP-standard manufacturing under strict supervision. The approval of MVR-EX103 by INCI is a significant milestone for the Company in advancing international partnerships and market expansion. ImmVira has entered a commercial partnership with a leading multinational corporation for the U.S. and Canadian markets of MVR-EX103. Meanwhile, more expansive global collaborative efforts are currently underway and progressing steadily. Unlike conventional injectables, topical engineered exosome products designed for pan-dermatological applications benefit from a flexible and expedited registration pathway, enabling direct-to-market commercialization through the filing of cosmetic ingredients. Going forward, with the commitment to technology-driven development, ImmVira is poised to expand its engineered exosome applications across multiple sectors, driving the in-depth integration of both the healthcare and beauty industries. Through cutting-edge science and scalable solutions, ImmVira aims to deliver a new generation of safe, effective, and globally accessible cosmetic ingredients and skincare solutions. About ImmVira ImmVira is a global biotech company dedicated to developing breakthrough therapeutic solutions through efficient, safe, and targeted drug delivery technologies. The company centers its operations on the end-to-end drug development platform (OVPENS Platform) and has established an innovative R&D system that powers two robust delivery vectors: engineered oncolytic viruses and engineered exosomes. With an established CMC process in line with global standards, the platform originated multiple innovative drug candidates targeting major, complex, and refractory diseases, including cancer, respiratory diseases, metabolic disorders, neurodegenerative diseases, urological diseases, and dermatological conditions. Based on extensive research and development, ImmVira has pioneered, developed, and matured both the field of oncolytic viruses for cancer therapy and the field of engineered exosomes for non-cancer applications.
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