New Molecule Bonding Technology Could Change How We Make Cosmetic Products
Jun 13, 2022
Vancouver, British Columbia Jun 13, 2022 (Issuewire.com) - A major player has taken notice, and we are about to see a radical change in the cosmetics industry.
In many cultures, such as those in Asia and South America, a lighter skin tone is often associated with prosperity and beauty. Companies have capitalized on that fact by offering products such as lotions, creams, soaps, and pills, promising consumers lighter and healthier skins. This has created a global market for skin lightening estimated to be worth more than $8 billion globally as of 2021.
In China, the market is estimated to be worth roughly $5.5 billion by 2026, with the global market reaching $11.8 billion by the same timeframe. The most common ingredient used in skin lightening products today is hydroquinone, the current gold standard, as well as arbutin, azelaic acid, and kojic acid, among others.
A biotech and cosmetics compound research company called Sirona Biochem (TSX-V: SBM) (FSE: ZSB) (OTC: SRBCF) has managed to synthesize a new molecule that may change the way companies make skin-lightening products moving forward. The Canada-based company, which has a research facility in France under its subsidiary TFChem, used its proprietary carbohydrate bonding technology to synthesize the molecule based on the antifreeze glycoprotein found in the blood of the cod icefish deep in the Antarctic waters.
The molecule, called TFC-1067, has been found to be much more effective and safer than hydroquinone. Sirona has already conducted successful human trials on the molecule and indicated that it was ready for commercial use.
AbbVie, one of the largest pharmaceutical companies in the world based on revenue, had taken notice and signed an exclusive global licensing agreement to commercialize and market TFC-1067. The Botox injections maker reportedly plans to establish an entirely new product line around the molecule, targeting major skin whitening markets such as China, South America, Africa, Canada, and Japan.
In those countries, cultural factors and online media's obsession with fair skin continue to fuel the demand for skin-lightening products and treatments. The Asian market, in particular, is propelled by the rapid growth of its population, as well as the growing impact of western culture and an expanding middle class. Consumers' high discretionary incomes, easy access to online and offline channels, and a diverse range of products contribute to the market's exponential growth.
Technological and manufacturing advancements have led to the creation of novel formulas, all aiming to tap into the lucrative market. Consumers are opting for products that contain bioactive extracts and effective ingredients such as TFC-1067, which offer enhanced skincare qualities such as skin health renewal and lightening without negative side effects. AbbVie and Sirona Biochem are at the forefront of this new revolution, and their future products could alter the skin-lightening landscape sooner than expected.
For more information, please visit https://www.sironabiochem.com
or download their Investor's Presentation
Source :Sirona Biochem Corp.
This article was originally published by IssueWire. Read the original article here.
More News
Why warm welcomes can’t stop Malaysia’s doctor exodus from Borneo
On Facebook, public hospitals in Malaysia’s Bornean states have been rolling out “Selamat Datang” [welcome] banner posts to embrace medical staff reporting for duty. Tawau Hospital on Sabah’s east coast recently published a group photograph welcoming newly arrived medical officers. Kinabatangan Hospital posted similar banners hailing arrivals across various departments, while in neighbouring Sarawak, Kapit Hospital accompanied its greeting with a portrait of a newly arrived doctor. But behind...
Who rules Negeri Sembilan? Royal row tests Malaysia’s constitutional order
The dust has yet to settle in Malaysia’s Negeri Sembilan, where a royal row has led to the fall of a state government and left the public wondering who, exactly, is in charge. Observers warn that the months-long constitutional crisis could create ripple effects well beyond the state’s borders, testing the entire nation’s systems of monarchy and government. The dispute centres on which of two men: the incumbent, Tuanku Muhriz Tuanku Munawir, or his intended replacement, Tunku Nadzaruddin Tuanku...
In AI, India’s choice needn’t be between a US leash or Chinese hook
On June 12, two of the world’s most capable artificial intelligence models went dark. An American export directive barred foreigners from using Anthropic’s two flagship AI models, and because the company could not check every user’s nationality, it switched them off. Access returned on July 1 but the warning is clear: India’s AI future can be switched off from Washington. In September, Beijing came calling. At the Brics summit in New Delhi, Chinese President Xi Jinping promised China would “be a...
China’s Bid to Define the ‘Global South’
Beijing has adopted its own, quite different, definition of the term.
Whither Japan’s Three Non-Nuclear Principles?
A highly contentious debate is in the offing.
Beyond Ideological Blocs: The ICDPP’s New Intercontinental Political Dialogue
Insights from an Interview with Chung Eui-yong on the Origins, Principles, and Future of the ICDPP
Indian Police Round Up Protest Leaders and Lock Down Delhi
Thousands of young people tried to gather to protest a sweeping revision of their country’s voter roll. Security forces hauled many of them away.
From a Sikh Sanctuary to Chaotic Streets, Protesters Brave Police in Delhi
A group of demonstrators used a house of worship known as a gurdwara as a staging ground before their long-shot effort to reach a locked-down protest site in New Delhi.
2 men die in float festival accidents in Japan
Two men died and more than a dozen others were injured Saturday when floats overturned during annual festivals in Osaka Prefecture. In Izumisano, a 51-year-old man became trapped beneath a float that overturned while he was riding it with other participants, police said. He was later pronounced dead at a hospital, while seven others were injured. A float at a different event in Izumiotsu also toppled, killing a 48-year-old man who was among those trapped underneath, according to the prefectural...
What to Know About the Delhi Protests
Protesters opposed to sweeping revisions to India’s voter rolls are trying to rally in New Delhi. The police have come out in force.
YOUR NEWS, OUR NETWORK.
Do you have Great News you want to tell the world?
Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.