Industry Trends

July 2022

See what has been happening in Asia’s pharma and personal care industries over the last weeks. What are experts and industry magazines talking about?

What has been happening?

Hair care category is ripe for innovation, The hurdles APAC’s skincare market has to overcome to continue growth charge, Seawater pearl hydrolysate a promising sunscreen ingredient, and more. See what industry experts have been discussing in the last four weeks.

Latest Industry Articles

Natural evolution: Why the hair care category is ripe for nature and science formulation innovation
CosmeticsDesign-Asia

The demand for cosmetic formulations that marry nature and science is creating vast opportunities for APAC’s blossoming hair care category, according to a leading formulation expert.

Five key challenges: The hurdles APAC’s skincare market has to overcome to continue growth charge
CosmeticsDesign-Asia

The APAC skincare market is tipped to grow by 5% each year to 2026, but there are five key challenges the sector needs to overcome to maintain its growth trajectory.

Pearly great: Seawater pearl hydrolysate a promising sunscreen ingredient as study shows skin protection benefits
CosmeticsDesign-Asia

Seawater pearl hydrolysate could be a promising sunscreen ingredients due to its positive impact on UVA-induced photoaging of skin cells, scientists in China have reported.

Shea butter, aloe vera, olive oil: Three natural ingredients to soothe dry skin
The Malay Mail

If sun protection is essential when packing your suitcase for the big vacation getaway, it’s also wise to include moisturising products to combat the damaging effects of the sun. But forget cosmetics with lengthy formulas, as this year it’s all about focusing on natural ingredients with powerful nourishing properties. With shea butter, aloe vera and olive oil, you’ll be sure to have baby-soft skin when you step into fall.

South Korean cosmetics exports soar; hit record high in 2021
Global Cosmetics News

South Korea’s Ministry of Food and Drug Safety has revealed that the country’s cosmetics exports hit a record high last year, swelling 21.3 percent yoy to reach KRW10.5 trillion, according to a report published by Yonhap News. Indeed, the rise places South Korea third in the world-rankings of cosmetics exports, trailing only France and the US. China was the biggest market for K-beauty, accounting for 53.

Iodine deficiency is a leading cause of thyroid diseases
Manila Bulletin

Iodine deficiency is usually the main cause of common thyroid disorders such as goiter, hypothyroidism and hyperthyroidism. Thyroid health is one of the most neglected medical issues in the Philippines today. And one leading cause of thyroid diseases is the lack of iodine in the body. In the Philippines, iodine deficiency is more widespread now more than ever.

Oral vaccine shows promise; hypertension ups COVID hospitalization risk
Interaksyon.com

The following is a summary of some recent studies on COVID-19. They include research that warrants further study to corroborate the findings and that has yet to be certified by peer review. Experimental tablet vaccine shows early promise An experimental COVID-19 vaccine in the form of an oral tablet has shown promising immune responses in ….

WHO to decide on sounding highest alarm on monkeypox
The Malay Mail

The World Health Organization will reconvene its expert monkeypox committee on Thursday to decide whether the outbreak now constitutes a global health emergency — the highest alarm it can sound. A second meeting of the WHO’s emergency committee on the virus will be held to examine the evidence on the worsening situation, with nearly 14,000 cases reported from more than 70 countries.

What is your skin quality?
Manila Bulletin

One can look picture-perfect, but have you looked closer? While some people have clear, taut, supple, and glowing skin, others don’t, especially up close. Aside from having a good set of features, skin quality also matters when it comes to attractiveness. We all have a skin issue or two, whether having rough, dry, and dull skin, the presence of acne scars or an uneven skin tone, or wrinkles and fine lines, to name a few.

How to keep your kidneys healthy
Daily Tribune

Patients often expect that after a visit to their physician they would be prescribed medication to make them feel better. When it comes to kidney disease, often there is no medication that will make the kidney itself better. The solution is to treat the underlying problem that caused the kidney problem in the first place. Kidney damage can occur in two ways – acute kidney injury (AKI) and chronic kidney injury.

L’Oréal merges Singapore and Malaysian teams

Global Cosmetics News

L’Oréal has announced that its Singapore and Malaysia units are to be combined, to form one, bigger division, effective immediately, according to a report published by Marketing Interactive. Tomas Hruska has been named GM, leading both markets, and overseeing the transition.

New beginnings: Indonesia’s Lune Skin tapping into potential for local niched fragrances

CosmeticsDesign-Asia

A Jakarta-based company has found new life as a fragrance brand after the COVID-19 pandemic decimated its colour cosmetics business.

Padilla files bill legalizing use of marijuana for medical purposes

Manila Bulletin

Senator Robinhood “Robin” C. Padilla favors the legalization of medical marijuana or cannabis as a “compassionate alternative means of medical treatment” in the Philippines. In filing Senate Bill 230, Padilla also sought the expansion of research into the medicinal properties of marijuana, which has been widely used as herbal medicine to treat conditions including gout, rheumatism, and malaria.

Pharma group backs DTI plan to develop PHL as an industry hub

BusinessWorld

The Pharmaceutical and Healthcare Association of the Philippines (PHAP) said it is confident that the Philippines can be developed as a hub for the industry, expressing support for a Department of Trade and Industry (DTI) plan to build up domestic production. In a statement on Tuesday, the PHAP said that the Philippines can “position itself as regional hub for biopharmaceutical innovation.”

Pharmaniaga’s shares up after announcement on halal anti-coagulant drug

The Malay Mail

Pharmaniaga Bhd’s shares were marginally higher at noon after the pharmaceutical giant announced its collaboration with China-based Suzhou Ronnsi Pharma Co Ltd (Ronnsi) to commercialise a halal ovine-based anticoagulant.

Roche eyes clinical trials in PH

Manila Bulletin

Roche Pharmaceuticals Inc., one of the world’s leading pharmaceutical giants, has announced strong interest to conduct “clinical trials” in the Philippines as another form of partnership to provide more access to its groundbreaking innovative health care aside from contributing to the growth of the domestic economy.

Dr Noor Hisham: Four beauty products no longer allowed to be sold in Malaysia

Malay Mail

The National Pharmaceutical Regulatory Division (NPRA) of the Ministry of Health (MOH) has cancelled the notification of four cosmetic products because they were found to contain scheduled poisons and thus are no longer allowed to be sold in Malaysia.

New $6.9m effort to make nanoparticle manufacturing in S'pore cheaper, more efficient

Straits Times

A new Singapore-based research project that aims to speed up the manufacture of nanoparticles – which are used in everything from Covid-19 vaccines to sunscreen and spacecraft – was launched recently. The $6.5 million effort – called the Accelerated, Manufacturing Platform for Engineered Nanomaterials (Ample) – will develop a manufacturing platform that can be rapidly scaled up to produce up to 100kg of nanoparticles a day.

 

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