Industry Trends

June 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?

Outpatient Metformin Treatment Reduces Incidence of Long COVID, More potent solution to cough, Makeup makes ‘full-fledged revival’ as consumers drop mask habit, and more. See what industry experts have been discussing in the last four weeks.

Latest Industry Articles

Outpatient Metformin Treatment Reduces Incidence of Long COVID

Drugs.com

Outpatient treatment with metformin reduces the incidence of long COVID, especially when started within three days of symptom onset, according to a study published online June 8 in The Lancet Infectious Diseases.

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More potent solution to cough

Daily Tribune

Flu season is upon us, with the weather changing and rains about to come. “With more people getting sick due to Covid and sudden changes in the weather, we need to have an advanced mindset and be on guard always when it comes to our health and safety and those of our loved ones,” said Dr. Jonas Policarpio, Medical Director of Unilab Consumer Health Group.

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Colour rebound: Makeup makes ‘full-fledged revival’ in Japan as consumers drop mask habit

CosmeticsDesign-Asia

Japan’s colour cosmetics market has bounced back fully as consumers ease up on mask habits to fulfil the desire to enjoy makeup, says retailer @cosme.

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Observe proper oral hygiene

Daily Tribune

Your smile does say a lot about you. That is because oral health is a key to long-lasting well-being and quality of life, according to the World Health Organization. It’s a truth often overlooked that the mouth is a portal for overall health. It’s where both nutrition and disease enter the body. Keeping mouth, teeth and oral microbiome healthy is a critical path to feeling safe and protected.

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Microalgae extracts show potential to be developed into antioxidant and anti-pigmentation ingredients

CosmeticsDesign-Asia

Findings from a recent Japan study showed that an edible microalgae species called Nostoc verrucosum (N. verrucosum) has high antioxidant activity, although its effect on melanin synthesis is dependent on the cultivation of its extract.

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Iberchem says new fragrance-neutralising innovation is sustainable and more effective

CosmeticsDesign-Asia

Spanish fragrance company Iberchem has created a new biodegradable malodour-neutralising technology that can be used across all of its scent applications.

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Transparency, discovery, creativity: How generative AI will influence the future of beauty

CosmeticsDesign-Asia

Generative artificial intelligence (AI) has the potential to transform the beauty industry by empowering consumers and fostering innovation.

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Higher quality needed: Rise in demand for ‘complexity’ as fragrance premiumisation moves to mass segment

CosmeticsDesign-Asia

The trend of premiumisation in fragrance is moving towards the mass personal care segment and driving demand for more complex scents, says an Australian sandalwood supplier.

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New COVID-19 vaccine successfully tested

PharmaTimes

Rocketvax and researchers at the University of Basel have linked up to develop a new approach for a COVID-19 vaccine. Researchers led by Professor Thomas Klimkait at the University of Basel, in collaboration with Rocketvax, are now showcasing a vaccine concept that may lead to a new generation of vaccines against COVID-19.

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Financial focus: Beauty business updates with Estée Lauder, LG H&H, HUL and more

CosmeticsDesign-Asia

In this round-up of the business and financial updates in the APAC cosmetics industry, we highlight the business and financial updates from EstÃe Lauder Companies, LG Household & Health Care, Hindustan Unilever, and more.

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Chanel targets China’s ultra-rich with VIP salons

Global Cosmetics News

Chanel has cut the ribbon on two VIP retail locations, known as Chanel Les Salon Prives, in China. The French luxury brand’s exclusive stores feature discrete entrances and private fitting rooms. The invite-only space in Guangzhou measures 3,200 sq ft and also boasts a public lounge area, while the Shenzhen salon spans 4,300 sq ft and cost some US$6 million to remodel and equip.

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Sephora launches Store of the Future in China

Global Cosmetics News

Sephora has cut the ribbon on its first Store of the Future in China. The Shanghai location is the LVMH-owned retailer’s second Store of the Future globally, following the concept’s debut in Singapore at 2022’s close. THE DETAILS The store will be stocked with some 220 new products from more than 35 global brands as well as a selection of premium C-beauty brands developed as part of the Sephora C-beauty program.

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EU queries Chinese cosmetics registration process

Global Cosmetics News

The European Union has raised concerns over the amount of detail foreign cosmetics manufacturers are required to provide in order to sell their products on the Chinese market, according to a report published by Bloomberg quoting anonymous sources. China’s new rules require companies to disclose their manufacturing processes, details of ingredients sourcing and formulas, which would then be stored on a database by the relevant regulatory body in China.

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FANCL’s premium line vies for a slice of China’s skin ageing cosmetics market via e-commerce platforms

CosmeticsDesign-Asia

Japanese brand BRANCHIC says it is focused on meeting the ‘quick and intensive’ skin care needs of mature consumers, while increasing its sales channels to beauty salons in the local market.

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Malaysian AIDS Foundation to host fundraising gala in Sarawak for HIV treatment, to support initiatives

The Malay Mail Online

The Malaysian AIDS Foundation (MAF) will be hosting its fundraising gala in Miri, Sarawak in August to support its initiatives for people living with HIV (PLHIV). The gala will be jointly hosted by MAF and Interhill Group at its Pullman Miri Waterfront on August 6. The foundation has had a significant presence in Sarawak since 2017 through two flagship programmes based in Kuching.

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Smoking and TB: Dual epidemics leading people to bleak end

The Jakarta Post

Smoking has been the strongest risk factor for tuberculosis (TB) in Indonesia in addition to undernourishment, diabetes and HIV.

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Fewer people in Singapore getting diagnosed with HIV

Straits Times

Slightly more than half of the 202 cases diagnosed in 2022 were discovered at a late stage.

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Thai Cannabis Day Promotes New Government Negotiations

Around Thailand News

Cannabis advocates in Thailand organized a political movement on Thailand Cannabis Day, June 9, to advocate for the declassification of cannabis as a Class 5 narcotic and to allow home cultivation without a licence for medicinal purposes, as decided by the Food and Drug Administration on June 9, 2022.

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Unilever to expand telemedicine services in Indonesia, Vietnam

Nikkei Asia

British consumer goods giant Unilever is expanding free telemedicine services across emerging markets facing a serious doctor shortage, the company’s oral care head told Nikkei Asia, seeing the initiative as an “investment” to boost its business.

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Made in Asia: Beauty innovation and developments from Asian cosmetic companies

CosmeticsDesign-Asia

We round up the latest beauty innovations and developments from made-in-Asia beauty brands, including a new men’s serum from Re:erth and B&B Lab’s latest microbiome complex.

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‘Organic doesn’t mean good’: Why there is a need for greater innovation in children’s skin care

CosmeticsDesign-Asia

Singapore start-up A Tapir’s Tale says there is a need for ‘more sophisticated formulations’ beyond organic products to address the underserved sensitive baby skin care market.

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