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A Singapore SME with expertise in skin care solutions has developed a technology platform for evaluating the efficacy of skin care and personal care products and ingredients. The technology platform helps companies to distinguish a product and enhance brand appeal.
The SME is seeking partners including all sizes of SMEs and MNEs through technology licensing or research cooperation agreements for technology commercialization opportunities.
The Singapore-based SME has developed the technology platform that helps in designing and conducting efficacy studies; it helps in providing scientific clinical data to validate safety and product claims in labelling.
The platform, intended for use in skin care and personal care products and ingredients, helps conduct anti-aging, anti-inflammation, and anti-sensitive tests. It can establish the whitening and brightening efficacy of ingredients and formulations as well as evaluate the skin hydration barrier functionality. It can also help in performing safety and sensory evaluations of new products.
The SME seeks potential partnerships and research cooperation agreements for the developed technology platform from SMEs of all sizes and MNEs for technology commercialization.
The technology platform, mainly targeted towards skin care and personal care product developers, is able to evaluate the efficacy and risks of each chemical/ingredient used in cosmetic/personal care formulations and developed products.
The results of the efficacy studies can be used by product developers and companies to substantiate product labelling claims and also use the test results as evidence for proving the effectiveness of the ingredient/product in clinical trial settings and as evidence to boost customer confidence.
The developed technology platform will help personal care companies by boosting customer confidence and promoting brand awareness, thus increasing their market presence.
The Singapore SME seeks to partner SMEs of all sizes and MNEs. The partner can be personal care product developers or formulators or manufacturers of cosmetic and/or personal care ingredients or independent agencies testing personal care or cosmetic products.
The desired type of partnerships would be via:
1) License agreement - the partner could license and further develop the technology to bring it to commercialization.
2) Research co-operation agreement - both parties could collaborate to co-develop it further in introducing the technology to targeted market segments.