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商业贸易行业专题研究:重组胶原蛋白,旭日方升-20230709-华泰证券

胶原蛋白广泛存在于人体组织,种类丰富,生物学功能优异。相较于玻尿酸,性能更突出(再生/抗衰/美白/滋养等),不易肿胀/无丁达尔现象,下游美妆/医美/医疗/食品等均应用广泛。但其结构特性更复杂,重组胶原的科研储备、工艺技术等发展并不充分。伴随商业化变现加速/消费者认知提升/资本助力/技术突破,重组胶原产业正蓄势待发,势能向上。继巨子生物之后,锦波生物即将登录北交所,成为第二家 IPO 的重组胶原企业

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