Most of the bio-adhesives used in domestic surgery, dermatology, and plastic surgery are foreign-made, and its high price burdens the patients. CEO Shin Jae-min of AZothBio said, "We have developed a new technology for price-competitive Korean-made bio-adhesives with better adhesive strength and biological safety than existing bio-products." AVING News interviewed Shin, the CEO of AZothBio, which participated in the MIK HOT SPOT (Made in Korea Online Exhibition) KTVF.
Please introduce your company briefly.
With the choice for a better life' as the
basic corporate spirit, AZothBio is the R&D company of competitive bio
medical products and AI new drug platform based on rich experience and
knowledge in the life science/bio/medical development areas accumulated over a
long period of time.
AZothBio was founded in May 2016, and based
on patented biomedical adhesive technology, we set our goal to become the wound
care specialist by developing wound dressing, bio-adhesive, hemostatic, and
Please introduce your main products and systems.
We have EG-Q SPECIAL Liquid Bandage for
human wounds, ANI-Q SPRAY for animal wound, and the bio-adhesive EG-Q Bond as
the main products.
EG-Q SPECIAL is a colorless, odorless,
fully waterproof wound coating that is quickly dried when applied. Other
products cause severe pain and disinfectant odor when used, and it takes a long
time to dry. But, EG-Q SPECIAL is a safe product that is easy to use even by
young children because it doesn't hurt even when applied, does not smell, and
When the liquid-type EG-Q SPECIAL is
applied to the wound, the liquid solution dries in 15 seconds and a thin and
transparent protective film is formed to prevent the infiltration of bacteria
and water, and patented nano-pore technology is applied to block external
foreign substances at the same time creates the environment necessary for
regeneration and recovery, thus accelerating the healing process and preventing
contamination or infection of wounds.
Even if it is applied on the curved part of
the body, it does not detach easily, and it is a completely waterproof product
that can be safely used in water play, washing dishes, and showers, so it can
be used diversely on the wounds during daily life, travel, and outdoor
ANI-Q SPRAY is an adhesive wound coating
for animals. When spraying the liquid solution on the affected area by using a
spray, the liquid solution is dried and a thin transparent film protective film
is formed to protect the affected area. Currently, most of the products used
after castration at farmhouses are simple disinfectants, and only few products
can protect the wounds like ANI-Q SPRAY. As the awareness on animal ethics has
increased recently, the potential market for animal products is expected to
grow as the farmhouses and pet market are emphasizing the need to treat animal
EG-Q Bond is a product that has improved
the weaknesses of butyl cyanoacrylate and octyl cyanoacrylate, the materials
commonly used in bio-adhesives. It has outstanding adhesive speed and
mechanical characteristics, making it suitable as bio-adhesives. When EG-Q Bond
is applied to the well-aligned tissue of the incised area, the incised areas
are hardened in contact with each other, and a thin and elastic film is formed
on the tissue to protect the wound from external contamination.
In addition, when the wound is sutured using a suture thread during surgical operation, scars may be created. But, when using EG-Q Bond, these scars can be minimized and hypertrophic scars that may occur during recovery can also be minimized.
Please introduce the company members.
At AZothBio, a total of 18 employees made
up of masters and doctors in physics, biochemical engineering, and molecular
cell biology are working, and the executives and researchers with long
experience working in prominent research institutions at home and abroad are
participating in product development.
In particular, our ABM (Advanced
BioMaterial) division led by Vice President Choi Yong-bok is developing
products specialized in wound healing and scar management based on
independently-developed patented technology, and has applied for 11 domestic
and foreign patents. In addition, it has obtained NET (New Excellent
Technology) certification from MAFRA, and has received MFDS approval, Europe CE
approval, and GMP approval, completing the international standard quality
management system certification (EN ISO13485).
What are your plans for the future?
At the end of last year and early this year, wound
products for animals and humans were launched in order in the domestic
market. EG-Q SPECIAL, the product for
human wounds, received CE certification this April, and is in process for
export contract with overseas distributors. In the third quarter of this year,
the bio-adhesive EG-Q Bond will be released, and in the first half of next
year, hemostatic and scar treatment agents will be released in order.
Korea Techno-Venture Foundation (KTVF),
which supported companies participating in the MIK HOT SPOT (Made in Korea
Online Exhibition), is a non-profit foundation funded by the Korea Institute of
Science and Technology (KIST) to promote new technology startups and support
global advancement. Since its establishment in 2001, it has established a close
cooperation network with research institutes, universities and related
institutions, as well as overseas organizations in Japan and the Eurasia
region, and have promoted step-by-step customized support projects that
connects "startup - fostering - commercialization - global marketing" to create
the entrepreneurship ecosystem. KTVF said, "As an accelerator that supports
global technology commercialization through discovering, fostering, and
investing in tech-startups with high growth potential, we intend to contribute to
the success and job creation of small and medium-sized venture companies."
The global news network AVING News has
begun holding the MIK Hot Spot (Made in Korea Online Exhibition) to help small
and medium-sized companies enter the market and attract investment 365 days a
year' AVING News has been running online exhibitions since 2005 and had 975
online exhibitions so far. Its YouTube online exhibition has placed itself as
Korea's largest online exhibition hall that opens with 19,000 videos (booths)
with more than 800,000 visits per month which means more than 10 million visits
The MIK HOT SPOT online exhibition is
scheduled to be held regularly according to the field, target market, and
participating institutions, and it will be presented as a new type of online
business by transforming the know-hows and values of the participating
companies according to the trend. Companies that want to participate can apply
and apply through the marketing support projects from supporting institutions
in the local governments. Refer to the institutions for more information.