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NIA Selects Eight Thai Medical and Health Innovators to Break into the German and European Markets, Showcasing Strengths at Medica 2024 and Cementing Thailand’s Role as a ‘Medical Innovation Hub’

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BANGKOK, THAILAND – Media OutReach Newswire – 27 December 2024 – The Ministry of Higher Education, Science, Research, and Innovation (MHESI), through the National Innovation Agency (Public Organization) or NIA, is forging ahead to support high-potential Thai startups and SMEs in the medical and health innovation sectors, granting them access to Germany, one of Europe’s largest and most significant MedTech markets. As part of the ‘Digital Innovation Business Development Programme for Connecting to International Markets and Funding in Europe,’ NIA has selected eight outstanding Thai medical and health innovation startups and SMEs that have received prior NIA backing. These companies will showcase their cutting-edge innovations at Medica 2024 in the Federal Republic of Germany. The initiative aims to propel Thai medical innovations to global prominence and establish stronger footholds in the European market. Medica 2024 offers a critical platform for connecting Thai innovators with international opportunities, reinforcing Thailand’s reputation as a global leader in medical and health innovation.

Dr Krithpaka Boonfueng, Executive Director of the National Innovation Agency (Public Organisation), along with Professor Emeritus Dr Sirirurg Songsivilai, Chairman of the Board of Science, Research, and Innovation Promotion (GSRI), and a delegation of executives and staff from NIA, visited the exhibition booth showcasing the achievements of eight medical and health innovation startups supported by NIA. The visit took place at the Medica 2024 event in the Federal Republic of Germany.

Dr. Krithpaka Boonfueng, Executive Director of the National Innovation Agency (Public Organization) or NIA, stated that NIA, in its role as a ‘Focal Conductor of Innovation,’ is dedicated to nurturing and enhancing the capabilities of Thai innovators to achieve sustainable growth. This commitment is guided by the ‘4G Approach’: Groom: Fostering and strengthening the potential of Thai innovators. Grant: Providing financial mechanisms to develop and scale innovative businesses to market readiness. Growth: Accelerating the expansion of both startups and SMEs in the innovation ecosystem. Global: Propelling Thai innovators onto the international stage.

Thailand’s medical industry, a standout sector, benefits from one of the world’s top-ranking healthcare systems. The global MedTech market is projected to soar to 775.8 billion US dollars by 2029, with Germany emerging as a particularly promising market. Germany’s long-standing role as host of the world-renowned Medica trade fair for over 40 years underscores its importance. Recognised by experts as the largest medical trade exhibition globally, Medica attracts more than 6,100 exhibitors from 69 countries, solidifying its status as a pivotal platform for the medical and healthcare sectors.

Dr Krithpaka added that the NIA is proud to participate in Medica 2024 under the theme ‘Meet Health. Future. People,’ hosted in the Federal Republic of Germany. As part of this prestigious event, eight outstanding Thai medical and healthcare innovation startups and SMEs, selected through a rigorous process, will showcase their pioneering solutions. These include: Eidy: A large language model (LLM) tailored for medical applications, distinguished by its specialised terminology and physician-like reasoning. It holds potential for developing chatbots designed to address specific medical queries. Ravis Technology: A platform for managing clinical research and data related to biopharmaceuticals, medical devices, and drugs. By leveraging technology to streamline data management, it saves time and costs. Pose Intelligence: A medical equipment management platform for hospitals, providing precise inventory control and central supply management. It reduces redundancy and minimises errors with its efficient systems. SOS Care: An innovative wound dressing made from silk protein combined with carboxymethyl cellulose (CMC) and glycerin. This flexible dressing promotes collagen production, accelerating wound healing. POPOLO: A device designed to band oesophageal varices caused by abnormal blood flow to the liver. This innovation enhances accessibility for Thai patients and reduces mortality rates.

Orthopeasia: A cutting-edge platform for designing and producing spinal disc replacements using specialised software. Its innovation simplifies surgical procedures, ensuring smaller incisions, faster operations, and improved convenience for both surgeons and patients. BRE: A revolutionary two-step bathing sheet that eliminates the need for water and soap, providing a practical solution for patients unable to bathe, significantly enhancing their quality of life. Aquatrek Solution: A water treadmill, an advanced hydrotherapy device ideal for reducing the risks associated with exercise, particularly for the elderly. It minimises joint strain while supporting body weight, making it highly effective for rehabilitation and therapy.

These eight groundbreaking innovations have garnered considerable interest from partners and potential collaborators across the United States, Europe, and Canada, seeking to exchange technologies and customer bases. Collaborative research opportunities, such as co-publishing with German academics, hosting researcher exchange programmes, or licensing specific or complete production technologies for German manufacturing, could significantly bolster the credibility of Thai medical devices.

Research partnerships are a gateway to greater acceptance in the European market. Furthermore, studying attendee and exhibitor profiles at Medica 2024 offers invaluable insights for refining Thai innovations and devising strategic marketing approaches. These initiatives could stimulate investments, foster business matchmaking, and pave the way for cross-border collaborations, driving future advancements in medical innovation.

Ms Maleepan Phasupong, from Ravis Technology Co Ltd, a developer of clinical research management platforms, shared her perspective on being selected to participate in the global medical and health innovation showcase Medica 2024. She highlighted that this prestigious event provided invaluable insights into the European market’s overall needs, particularly in the realms of digital solutions, health and physical care devices, and diagnostic tools. Beyond helping Thai startups align their innovations with market demands, it serves as a pivotal starting point for achieving real business partnerships.

By showcasing Thailand’s research strengths, especially to Western countries increasingly interested in collaborative research with Thailand, the event bolstered international recognition. This growing interest is particularly evident in the West, where there is a notable trend towards exploring research partnerships in Thailand.

During the event, the company secured discussions with five potential partners and clients, with follow-ups already underway. German STEM researchers, in particular, have expressed interest in exchanges with Thailand to reduce costs associated with services and production within Europe, such as clinical research expenses or medical device manufacturing. This highlights the tangible opportunities created through platforms like Medica, not only for networking but also for fostering deeper international collaboration and reducing operational costs.

Mr Thanatpant Manosittisak of SOS Care Co Ltd, developer of silk-protein wound dressings, emphasised that Thai medical and health startups and SMEs have strong potential to thrive in global markets if provided with adequate support in terms of funding, resources, and technological development. He pointed out that Thailand’s lower production costs, compared to developed nations, present a competitive advantage. However, government support is crucial to propel these startups and SMEs into forming international collaborations and expanding their market and business networks.

Such backing enhances their credibility and strengthens confidence in the quality and innovation of Thai products on the global stage. Mr Thanatpant expressed hope that participating in Medica 2024 would enable his company to secure distributors across Europe, Asia, and the Middle East, thereby driving further international market expansion.

Hashtag: #NIA

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

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Yuewen Music Festival Day 1: Mesmerizing Performances Ignites Siloso Beach, Sentosa

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SINGAPORE – Media OutReach Newswire – 28 December 2024 – The inaugural Yuewen Music Festival kicked off on Day 1, showcasing a mesmerizing array of performances that ignited Siloso Beach, Sentosa.

DJ Tech’1 opened the event, energizing the crowd with a dynamic DJ performance that set the vibrant tone for the evening. His innovative mixes had everyone on their feet.

Following him, Olivia Marsh dazzled the audience with hits like “Backseat + Waterworks” and “Pina Colada.” Her engaging stage presence and powerful vocals left a memorable impression.

Maggie Chiang 江美琪 enchanted fans with both new songs and nostalgic classics, including “Round and Round” (圆的?圆的!) and “Poet Of The Night” (夜的诗人), evoking heartfelt sing-alongs.

The beloved KISS OF LIFE brought their unique sound to the stage, performing crowd favorites like “Sticky” and “Midas Touch,” igniting infectious energy throughout the venue.

ITZY, the K-pop sensation, electrified the audience with hits like “GOLD” and “WANNABE,” showcasing dynamic choreography and charisma that kept fans engaged.

Red Velvet – IRENE & SEULGI delivered a powerhouse performance featuring tracks such as “28 Reasons” and “Monster,” captivating attendees with their seamless harmonies and stunning visuals.

LaLa Hsu徐佳莹 brought her soulful sound to the festival, performing “I Dare You”(你敢不敢)and “Lost Desert” (失落沙洲), resonating deeply with the audience and creating an intimate atmosphere.

PP Krit charmed fans with engaging performances, including Fireboy, ลังเล (Hesitate), เส้นเรื่องเดิม (Rerun), ขอโทษละกัน (Friend to Friend), I’ll Do it How You Like it, เสนอตัว (Ooh!). His ability to connect with the audience made his set a standout moment of the night.

Finally, Billkin closed the evening with a captivating performance that included “Daily Magic”, ยิ่งดุยิ่งชอบ, Golden Hour, ยิ้มทั้งน้ำตา (Always), สวยงามเสมอ (Ever Forever), ชอบตัวเองตอนอยู่กับเธอ (I Like Us), Mr.Everything, drawing cheers and applause as he wrapped up Day 1 on a high note.

Cultural Integration and Globalization of IPs

The Yuewen Music Festival marks the first large-scale music event hosted by Yuewen in Singapore, reflecting an important move to leverage music as a vibrant platform for engaging young audiences, enhancing emotional connection to Yuewen’s intellectual properties (IPs). This approach addresses the growing demand among young audiences for immersive experiences and emotional resonance in their cultural consumption.

The festival’s inclusive and diverse nature allows for various activities, including music performances, IP showcases, and merchandise sales. Yuewen Goods, featuring exclusive merchandise inspired by popular Yuewen IPs, saw remarkable sales, further proving the festival’s appeal among attendees.

This festival is the first step in Yuewen’s efforts to expand its IP products internationally and innovate its IP experiences. Looking ahead, Yuewen plans to launch various offline activities, such as the IP marketplace “YUEWEN WONDERLAND” and the Yuewen Global IP Awards, exploring new models of “IP + cultural tourism” in collaboration with Singapore Tourism Board. The goal is to co-create remarkable IP experiences with domestic and international artists and partners, further enhancing Singapore’s appeal as a tourist destination.

Hashtag: #YuewenMusicFestival

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

About Yuewen

Yuewen (HKEX: 0772, formerly China Literature Limited) is a culture and entertainment group that was founded in March 2015. It focuses on creating and developing intellectual property (IP) derived from online literature.

Yuewen has a diverse portfolio of well-known brands, such as QQ Reading, Qidian, New Classics Media, and Tencent Animation & Comics. It serves as a platform for tens of millions of creators and a rich reserve of literary works across 200 genres, catering to hundreds of millions of users. Yuewen is renowned for its celebrated IP portfolio, which includes popular titles like Joy of Life featuring Zhang Ruoyun, Guardians of the Dafeng featuring Dylan Wang, My Heroic Husband, Candle in the Tomb, The King’s Avatar featuring Yang Yang, Soul Land, and Nirvana in Fire. It has successfully expanded its reach across various media formats, including audiobooks, animation, comics, films, drama series, games, and offline merchandise.

For more information, please visit .

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Pigeon Empowers Mothers With A Holistic Maternity Skincare Line: The Perfect Blend of Nature, Science, and Sustainability

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Formulated with 90% naturally-derived ingredients and Dermal Precision Technology to maximise absorption and minimise irritation

SINGAPORE – Media OutReach Newswire – 27 December 2024 – Pigeon, the go-to brand for mother-and-baby essentials, expands its support for mothers with the new Natural Botanical Maternity skincare range, designed to provide mothers with safe, effective, and eco-conscious, self-care solutions during pregnancy and postpartum. This unique range combines 90% naturally derived ingredients with cutting-edge Dermal Precision Technology, ensuring maximum absorption and minimal irritation for sensitive skin.

The skincare line includes four products: Stretch Marks Serum, Stretch Marks Cream, Firming Cream, and Collagen Hydro Mist. Each one is crafted to enhance skin elasticity, firmness, and radiance, helping mothers maintain their skin’s vitality during the transformative journey of pregnancy and beyond. The unique Dermal Precision Technology ensures that active ingredients are precisely absorbed into the deeper layers of the dermis, providing targeted care for lasting skin benefits.

The skincare range has been clinically proven to deliver visible results, with satisfaction rates ranging from 91% to 100%. Clinical trials show significant improvements in stretch mark appearance, skin firmness, and overall skin texture.

What sets the Natural Botanical Maternity skincare line apart is its commitment to sustainability. It features upcycled ingredients, such as organic Tangerine Extract, offering a gentle yet effective solution for mothers. Additionally, the line uses eco-friendly packaging made from FSC-certified paper and recycled plastics.

“We believe that a mother’s well-being directly impacts the development and happiness of her baby. That’s why we are committed to providing effective solutions that support both maternal self-care and family happiness. Our dedication to sustainability ensures that our products are not only gentle on the skin but also kind to the planet, with eco-conscious practices that prioritise the future of both mothers and the environment.”
– Mr. Yusuke Nakata, CEO, Pigeon Singapore Business Unit.

With its dedication to both maternal well-being and environmental responsibility, Natural Botanical Maternity skincare aims to support mothers through every stage of motherhood while promoting a healthier planet.

Tailored Solutions for Every Stage of Motherhood

For optimal skin during pregnancy & postpartum:

Prevent

  • Stretch Marks Cream – Prep your skin for the massive stretch with Peptides and Amino Acids

Target

  • Stretch Marks Serum – Lighten stretch marks scars with BrightenPlu5+, a skin-loving brightening combination

Restore

  • Firming Cream – Tighten and smoothen skin appearance with Carnitine and Peptides

On-The-Go

  • Collagen Hydro Mist – Relieve dry skin quickly with a blend of Collagen, Peptides and Panthenol

Hashtag: #Pigeon #NaturalBotanicalMaternity

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

About Natural Botanical Maternity

Natural Botanical harmoniously blends skincare science with ingredients hand-picked from Nature to deliver effective results while being gentle on the skin. Committed to sustainability, the brand also ensures that most of its packaging is crafted with recycled plastics, reflecting a dedication to reducing environmental impact. Embrace the power of nature combined with advanced skincare solutions with Natural Botanical, where beauty and responsibility go hand-in-hand .

Natural Botanical Maternity is now available at :
Baby Specialty Stores:

  1. Baby Kingdom
  2. Kiddy Palace
  3. Mummy Market
  4. Mothers Work

Department Stores and Health & Beauty Stores

  1. BHG
  2. Isetan
  3. OG
  4. Takashimaya
  5. Watsons

Online

  1. Pigeon
  2. Agape Babies
  3. Amazon
  4. Lazada
  5. Shopee

About Pigeon

PIGEON is a market leader in mother and baby care products. With extensive research to offer the highest levels of comfort, safety and quality, PIGEON is the preferred choice for high quality, durable and user-friendly merchandise for mothers, babies and toddlers. As an ISO 9001-2008 certified company, PIGEON has developed easy-to-use and affordable products for over half a century, for each step of motherhood and promotes the healthy development of the baby and the happiness of the mother and family through innovation and invention. The basis of our strong growth is our even stronger R&D unit. Based on three important processes, we create products that suit the exact needs of mothers, babies and toddlers:
  • Extensive study on the needs of new mothers and babies
  • Market research to identify the gaps between demand and supply
  • Our knowledgeable and motivated team of researchers

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VinFast VF 8 Demonstrates the Upstart Carmaker’s Ambition to Succeed

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HANOI, VIETNAM – Media OutReach Newswire – 27 December 2024 – The VinFast VF 8 is produced at one of Southeast Asia’s most advanced manufacturing facilities, reflecting the Nasdaq-listed company’s focus on efficiency and innovation to meet the evolving needs of global consumers while contributing to a greener automotive future.

The VF 8 offers one of the most competitive lease deals in the U.S., easing the transition for those switching to electric vehicles.

Inside VinFast’s Haiphong factory, the VF 8 and other vehicles in their comprehensive EV lineup embody the company’s pioneering vision. Recognized for its innovation and speed to market, VinFast secured a spot on TIME’s 2024 list of influential companies. As VinFast expands globally, its vehicles demonstrate advanced engineering and a commitment to sustainability. Among these, the VF 8 emerges as a flagship model, offering a glimpse into a smarter and greener automotive future.

Designed for North America’s SUV-Loving Families

In North America, SUVs account for nearly 55% of all passenger vehicle sales in 2023[1], reflecting their enduring popularity. The VF 8 embraces this trend, combining an elegant SUV-coupe silhouette with practical features tailored for everyday use. Its sloping roofline maximizes style and interior space, making it a strong contender for families seeking both comfort and aesthetics.

The VF 8’s minimalistic interior design reduces physical buttons, enhancing driver focus while maintaining a modern, uncluttered look. Its spacious cabin ensures a comfortable experience for both short trips and long journeys. Powered by an electric drivetrain, the VF 8 boasts significantly lower operating costs than traditional ICE vehicles in the same segment. This efficiency is a key factor for families considering long-term savings.

Adding to its appeal, the VF 8 offers one of the most competitive lease deals in the U.S., easing the transition for those switching to electric vehicles.

The VF 8 embodies a commitment to innovation and sustainability, symbolizing Vietnam's drive to lead the global green transformation.
The VF 8 embodies a commitment to innovation and sustainability, symbolizing Vietnam’s drive to lead the global green transformation.

The VF 8: A Testament to VinFast’s Vision

The VF 8 represents a milestone for VinFast, Vingroup, and Vietnam’s automotive ambitions. As Vietnam’s top car brand for the first 10 months of 2024, VinFast continues its global expansion with ventures in Indonesia, the Philippines, and the Middle East, as well as new assembly plants in Indonesia and India.

For Vingroup, the VF 8 embodies a commitment to innovation and sustainability, symbolizing Vietnam’s drive to lead the global green transformation. More than just a vehicle, the VF 8 showcases how thoughtful design and purpose-driven engineering can shape a better future.

Hashtag: #VinFast

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

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