HIGHER Corporation Recognized as 'Baby Unicorn' for Global Market Potential
TL;DR
HIGHER Corporation's recognition as a 'Baby Unicorn' and 'First Penguin' company offers a competitive edge in securing global contracts and funding, positioning it as a leader in the medical device industry.
HIGHER Corporation's HILO WAVE® technology uses a dual-formulation of hyaluronic acid to stimulate skin regeneration, approved as a Class 4 medical device for its safety and effectiveness.
HIGHER Corporation's innovations in medical devices and global expansion efforts contribute to advancements in aesthetic medicine, improving skin health and confidence worldwide.
Discover how HIGHER Corporation's HILO WAVE® is revolutionizing skin care with its unique hyaluronic acid formulation, offering immediate and lasting results.
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HIGHER Corporation, a pioneering medical device startup, has been distinguished as a 'Baby Unicorn' by the Ministry of SMEs and Startups, alongside receiving the 'First Penguin' accolade from the Korea Credit Guarantee Fund. These recognitions affirm the company's cutting-edge technology and robust business model, earmarking it as a future global unicorn. The 'Baby Unicorn' initiative is a strategic government effort to foster startups with high global growth potential, offering them financial support, strategic guidance, and market development opportunities.
The company's flagship product, HILO WAVE®, represents a breakthrough in bio-stimulation technology. Utilizing a dual-formulation of hyaluronic acid, it enhances skin elasticity and hydration by stimulating natural collagen and elastin production, distinguishing itself from traditional volume-adding fillers. Approved as a Class 4 medical device in Korea, HILO WAVE® has garnered trust among medical professionals for its safety and efficacy.
HIGHER Corporation's global expansion is already underway, with substantial supply contracts in Southeast Asia and active negotiations in Brazil and China, projecting over 20 billion KRW in contracts. The company is also pursuing CE MDR certification to penetrate the European market, further solidifying its international presence. This global strategy, supported by the Korean government's financial and logistical backing, positions HIGHER Corporation as a formidable player in the aesthetic medical device industry, with the ambition to lead as a global unicorn.
Curated from 24-7 Press Release
