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- Cellmid (CDY) has received import permits allowing the sale of its Jo-Ju and Lexilis-branded shampoos in mainland China
- Based in Sydney, Cellmid is a health and beauty company leveraging innovative anti-aging technologies
- The permits, issued by the Chinese National Medical Products Administration, are essential for the sale of fully finished products in China
- The documents allow CDY to progress its 10-year distribution deal with Ourui Health Management
- Cellmid shares are up 2.94 per cent, trading at 7 cents each
Cellmid (CDY) has received import permits allowing the sale of its Jo-Ju and Lexilis-branded shampoos in mainland China.
Based in Sydney, Cellmid is a health and beauty business leveraging innovative anti-aging technologies.
The permits, issued by the Chinese National Medical Products Administration (NMPA), are essential for the sale of fully finished products in China.
Cellmid says the receipt of the documents is a key milestone in implementing its 10-year distribution agreement signed with Ourui Health Management in December last year.
The permits do not have an expiry date and will remain valid subject to Cellmid’s compliance with NMPA’s annual reporting requirements.
On the market this afternoon, Cellmid shares are up 2.94 per cent, trading at 7 cents at 1:17 pm AEST.
