Industry Trends

February 2023

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?

Filing patent on long-lasting scented lotus antiperspirant, Long COVID might teach us how to prevent Alzheimer’s, Hydrolyzed collagen serum derived from fish skin by-products, and more. See what industry experts have been discussing in the last four weeks.

Latest Industry Articles

Coty files patent on long-lasting scented lotus antiperspirant
CosmeticsDesign-Asia

International beauty major Coty has developed an active antiperspirant formula that offers a long-lasting fragrance after application using a blend of lotus flower extracts.
Long COVID might teach us how to prevent Alzheimer’s
BusinessWorld

Science is starting to uncover an unnerving fact about viruses: Some might affect our brains over the long haul. It came as a shock that SARS-CoV-2 can lead to lingering neurological problems — a post-viral syndrome we call long COVID. But the phenomenon might not be unique to this virus. Scientists are finding links between common viruses such as influenza and brain diseases like multiple sclerosis (MS), Parkinson’s, Alzheimer’s, and ALS.
Researchers successfully develop hydrolyzed collagen serum derived from fish skin by-products
CosmeticsDesign-USA

Study confirms serum an effective moisturizer ‘proven to be effective, with great potential in becoming a commercial cosmeceutical product, and can be used for anti-aging.’
Study: Third person cured of HIV after stem cell transplant
The Malay Mail Online

A man known as “the Duesseldorf patient” has become the third person declared cured of HIV after receiving a stem cell transplant that also treated his leukaemia, a study said on Monday. Two other cases with both HIV and cancer, patients in Berlin and London, have previously been reported as cured in scientific journals following the high-risk procedure.
Dior to face class action suit over ‘misleading’ 24-hour SPF protection claim
Global Cosmetics News

Dior could be called upon to defend its 24-hour SPF claim in court after a proposed class action suit charged the LVMH-owned beauty brand of misleading marketing. The lawsuit alleges that the products in question, which carry statements such as ‘24HR Foundation… with sunscreen’, are misbranded because studies have proven SPF protection can be effective for no more than two hours after application.
Why Europe's drug shortages may get worse
NST Online Latest News

When Ignasi Biosca-Reig heard there were shortages of amoxicillin in Spain, he quickly added shifts at his drug company’s factories to boost production of the popular antibiotic.
HIV testing: Free DIY home kit offered in England
BBC News

The kit is small enough to fit through a letterbox and arrives in plain packaging through the post.
Why cancer screening is vital
NST Online Latest News

In the same year, there were 29,530 cancer deaths, which contributed to 15.4 per cent of medically certified deaths in Malaysia.
Million-dollar smile: Accessibility, affordability, and aversion to side effects key factors in driving teeth whitening trend
CosmeticsDesign-Asia

Teeth whitening products look set to become the focal point of oral care, a rising category in the beauty sector that is expected to see exponential growth in Asia Pacific the next few years.
HIV treatment in Malaysia ― are we there yet?

The Malay Mail Online

As embodied by the National Strategic Plan for Ending AIDS (2016-2030), the government has highlighted its intention to halt and reverse the AIDS epidemic by 2030 on the back of meeting the 95-95-95 strategic targets or objectives ― as the means to realise the country’s vision of securing the “Three Zeros”, ie., zero new infections, zero discrimination and zero AIDS-related deaths.

PHL halal products roadshow organized for Gulf countries

BusinessWorld

Philippine producers of Halal products will join a roadshow in the various Gulf Cooperation Council (GCC) countries between Feb. 11 and 25, the Department of Trade and Industry (DTI) said in a statement. The DTI organized the outbound business matching mission together with the Export Marketing Bureau and the Philippine Trade and Investment Center in Dubai. The delegation will include exporters of Halal-certified food, personal care, and cosmetic products.

Philippines, France vow cooperation vs. HIV, dengue, other diseases

GMA News

They also talked about strengthening the delivery of primary care services, as well as addressing diseases like the human immunodeficiency virus (HIV), tuberculosis, dengue, and malaria.

Stop sale of mercury-laden cosmetics, Thailand FDA urged

PhilStar Global

Environmental groups led by EcoWaste Coalition are set to deliver a formal letter to the Food and Drug Administration (FDA) of Thailand today to demand a stop to the unlawful production and trade in the Philippines of cosmetics contaminated with mercury, a toxic substance.

The power of local beauty brands in South East Asia

Premium Beauty News

Southeast Asia beauty landscape is very diverse, from premium top-notch skincare in Singapore to affordable makeup in Thailand, or halal-certified hijab experts haircare brands in Indonesia. But one thing these beauty markets have in common, except for its diversity and the concern for hot climate and pollution, is the booming of its local brands.

What are the market trends for cosmetics in China in 2023?

Dao Insights

The cosmetics industry in China witnessed burgeoning growth in 2022, with monthly average views hitting 100 billion on makeup tutorials in the past year, while both searches and live streaming views have increased over 50% yearly on domestic short-video platform Douyin (Chinese TikTok).

Cosmetics mix well with nation's biotech industry

China Daily

With rapid development and a promising future, cosmetic companies are stepping into China’s biotech industry. In 2022, Hangzhou-based cosmetics company Proya invested in Shenzhen, Guangdong province-based Siyomicro Bio-Tech Co Ltd. Later on, it signed a strategic partnership with Zhejiang Peptites Biotech Co Ltd, working on innovative peptide research and development, peptide green synthesis…

L’Oréal Malaysia and Singapore MD Tomas Hruska lays out strategies for local and regional markets

Options

He aims to continue building a life company where employees can develop new skills and expand their careers across the world.

Vietnam eases access to EU pharmaceuticals

European Commission

On 8 February, Vietnam extended the validity of existing marketing authorisations of pharmaceutical products until 2024. For the next two years, EU exporters of pharmaceuticals will thus avoid having to go through complex procedures for the renewal of their marketing authorisation.

Indonesia finds local trader forged ingredient label in probe of cough syrup deaths

Reuters

Indonesian police said on Monday a local trader of industrial-grade chemicals sold them as pharmaceutical-grade, leading to their use in medicated syrups that authorities suspect may have caused deaths of more than 200 children across the country.

Singapore offers unique insulating nanomaterial for pharma cold chain management

Bio Spectrum Asia

KrossLinker, a Singapore-based energy-efficiency-focused deep-tech advanced material startup, is designing and developing the world’s most insulating nanomaterial, aerogel, that is low-cost, environmentally friendly, and scalable. KrossLinker’s first aerogel product, Cryar Aerogel Board, targets the cold-chain industry, where a positive market growth trend is expected.

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