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Acquisition boosts predicting efficacy and NPD speed

Testing is a vital aspect of our industry, not only for finished products, but also for the individual ingredients themselves. Testing services and devices enable the evaluation of ingredients to show their efficacy, safety and stability.

However, while the need for more complex and data-hungry tests has increased, so has the need to be fast-to-market as the industry attempts to service new trends at an everincreasing rate. 

Earlier this year, Symrise signed a contract to acquire the Italian biotech company Cutech in Padua. The enterprise offers pre-clinical screening services for cosmetic ingredients and finished formulations. The purchase will expand the expertise of Symrise in the efficacy testing of cosmetic ingredients and open new opportunities for collaboration with partners from scientific institutions. It will also increase the go-to-market speed for novel active ingredients.

At the time of the signing, Dr Gerhard Schmaus, head of Global Innovation Cosmetic Ingredients Division at Symrise, said: “Cutech constitutes the perfect fit for Symrise’s Cosmetic Ingredients Division. The highly specific R&D and biotechnology capabilities of Cutech optimally complement the research expertise of Symrise.” 

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Upcoming Events

in-cosmetics Global

Paris Expo Porte de Versailles
16th – 18th April 2024

NYSCC Suppliers' Day 2024

Javits Center, New York
1st - 2nd May 2024

9th Anti-Ageing Skin Care Conference

Royal College of Physicians, London
25th - 26th June 2024

in-cosmetics Korea 2024

Hall C, Coex, Seoul, South Korea
24th - 26th July 2024

in-cosmetics Latin America 2024

São Paulo, Brazil
25th - 26th September 2024

IFSCC 2024

Recanto das Cataratas Thermas Resort, Iguazu Falls, Brazil
14th - 17th October 2024

Access the latest issue of Personal Care Magazine on your mobile device together with an archive of back issues.

Download the FREE Personal Care Magazine app from your device's App store

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