L’Oréal announced the acquisition of physician-dispensed brand Skinbetter Science, which will become part of the multinational’s Active Cosmetics Division.
Personal care major Beiersdorf will acquire a stake in German-based skin diagnosis startup dermanostic as part of its wider digitalisation strategy, particularly for its derma brand Eucerin.
Colgate-Palmolive’s Sanex brand has developed a shower gel, bath foam and deodorant range using pre and postbiotics to support the skin’s microbiome, launched following five years of R&D efforts and input from external dermatology and science experts.
The European Commission’s Scientific Committee for Consumer Safety (SCCS) has issued scientific advice to lower the threshold for warning labels on cosmetics containing formaldehyde releasing substances to better protect sensitised consumers.
Next month, the multinational health and CPG company is launching a series of webinars highlighting Black expertise and innovation in the skin health industry, and, in a separate initiative will award scholarships to early-career women STEM professors.
Late last week, the multinational pharmaceutical company announced a partnership with dermatology biotech company Azitra to will leverage the skin microbiome in a whole new way.
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Specialty chemicals major BASF has partnered with French microbe tech firm Biomillenia to try and identify novel dermocosmetic active ingredients that promote a healthier skin microbiome.
A consortium of renowned institutional investors has acquired Nestlé Skin Health, rebranding the entire unit Galderma and refocusing it as a pure play dermatology business.
The beauty consumers’ desire for preventive measures to maintain skin health is leading to considerable growth opportunities in Asia Pacific’s dermocosmetics sector.