Essex Bio-Technology Limited (1061.HK) develops, manufactures, and commercializes biopharmaceutical products focused on wound care, ophthalmology, and cardiovascular health. The company offers a portfolio of proprietary products including recombinant human acidic fibroblast growth factor gel (AFGF) for chronic wound healing under the Fiblast brand; nerve growth factor eye drops (NGF) for dry eye and neurotrophic keratitis under the Befiter brand; and recombinant human serum albumin for medical applications; alongside distribution of third-party products such as anti-bacterial artificial dermis, hyaluronic acid dermal fillers, and cardiovascular devices. Essex operates primarily in China with expanding presence in Hong Kong, Macau, and select international markets including Southeast Asia and Europe, targeting hospitals, clinics, and pharmaceutical distributors.[web:previous]
Founded in 2004 and headquartered in Causeway Bay, Hong Kong, the company maintains research and development facilities and manufacturing sites in Zhuhai, China, through its subsidiaries Essex Zhuhai Bio-Technology Co., Ltd. and Essex Bio-Investment Ltd. Essex serves healthcare professionals and patients in dermatology, ophthalmology, and regenerative medicine segments, emphasizing innovative biologic therapies derived from recombinant protein technology.[web:previous]
In recent developments, Essex Bio-Technology reported robust revenue growth in 2024, driven by strong demand for its core wound care and ophthalmology products amid China's aging population and healthcare reforms. The company expanded its product pipeline with regulatory approvals for new indications of NGF eye drops and advanced clinical trials for cardiovascular biologics as of mid-2025. Additionally, Essex strengthened its market position through strategic distribution partnerships in Southeast Asia and ongoing investments in manufacturing capacity upgrades in Zhuhai to support export growth.[web:previous]