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Industry Discussions / Cosmeceuticals
|Subject: Cosmeceuticals growth, etc:||Date: 7/13/2004 12:52 AM|
|Author: MLD38||Number: 3 of 4|
Cosmeceuticals growth, etc:
Baby boomers drive cosmeceuticals growth
Skin Care with Smarts
Newest Trend in Beauty Keeps an Eye on Science
..."Cosmeceuticals are a $1.9 billion industry and by 2006, $3.9 billion, which is about a 70 percent increase," says Linda Wells, editor in chief of Allure magazine. And according to some, it is the populace, the marketplace, that is going to drive the science."...
Q: What are cosmeceuticals?
A: While the Food, Drug, and Cosmetic Act does not recognize the term "cosmeceutical," the cosmetic industry has begun to use this word to refer to cosmetic products that have drug-like benefits. The Food, Drug, and Cosmetic Act defines drugs as those products that cure, treat, mitigate or prevent disease or