Core Viewpoint - Visionary Holdings Inc. has partnered with B. Braun Biochip Technology Group to establish Visionary Biotechnology Group Co., Ltd. in Toronto, aiming to leverage advanced biochip technology to fill market gaps in Canada and China, creating significant economic and social value for investors [1][4]. Company Overview - Visionary Holdings Inc. is a private education provider based in Toronto, Canada, focusing on artificial intelligence and life sciences, with subsidiaries in Canada and partnerships in China [1][18]. - B. Braun Biochip Technology Group, founded in 2011, has invested nearly 150 million USD in biochip technology, collaborating with various medical institutions to develop products for medical testing and research [2][3]. Technological Advancements - Visionary Group's biochip technology includes medical chips, animal chips, cold chain chips, and agricultural chips, demonstrating its leading position in the global biochip market [7][8]. - The innovative biochip technology has undergone complete clinical testing and process verification, showcasing the company's achievements in biotechnology [5][6]. Market Impact - The establishment of a factory in Nantong, China, with a total investment of 300 million USD is expected to generate over 3 billion USD in output value over the next five years, significantly impacting both economic and social value [4][7]. - The global biochip market was valued at 12,005 million USD in 2021 and is projected to reach 25,568 million USD by 2028, with a CAGR of 11.3% during the forecast period, indicating strong growth potential [10]. Strategic Collaborations - Visionary Group's collaboration with B. Braun and Ruikun Technology Group highlights its strategy to expand its global production base and fill technological gaps in the Canadian and Chinese markets [3][8]. - The partnership aims to provide high-precision biochip products that enhance health and welfare globally, demonstrating the company's commitment to social contributions [9].
Visionary Has World-Class Biochip Technology Products