Technischer Überwachungs-Verein (TÜV), a Germany-based international independent third-party testing, inspection, and certification organization, has entered into a partnership with the medical aesthetics unit of Chinese firm Lancy Co., Ltd (SHE: 002612), known as BRAVOU.
In China, medical aesthetics services are categorized as medical care activities, a sector that has been experiencing increased regulatory oversight. This collaboration aims to utilize TÜV’s expertise in talent, technology, resources, and brand to enhance the quality of medical services provided by BRAVOU. The financial details of the agreement were not disclosed.- Flcube.com