Aquaporin and Philips Water Solutions partner to deliver clean drinking water in China
Aquaporin A/S (ticker: AQP) (“Aquaporin” or the “Company”), an innovative water technology company dedicated to rethinking water filtration with biotechnology, today announced that Aquaporin and AquaShield, the global brand partner of health technology company Philips in water solutions segment, have entered a partnership to deliver clean drinking water to Chinese consumers with Philips-branded purifiers powered by Aquaporin Inside® – Aquaporin’s unique technology.
The partnership between Aquaporin and Philips Water Solutions is far-reaching in nature, bringing co-development, co-branding, market access, and double-digit revenue growth. The exclusive agreement has an initial focus on greater China where Aquaporin will be the exclusive provider of membrane technology in the majority of Philips Water Solutions’ extensive range of water purifiers.
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