The winners of in-cosmetics North America 2017’s Formulation Challenge and brand new initiative JPitch with Johnson & Johnson Innovation were announced at the event’s Cocktail and Awards reception
Repairogen was awarded the $5,000 USD JPitch prize fund, while Colgate-Palmolive scooped the Formulation Challenge Award after creating an exceptional new beauty product in just 90 minutes.
Following a competitive pitch earlier in the day, Repairogen was chosen by an executive panel of judges from Johnson & Johnson Innovation’s team of R&D and business experts. Other shortlisted companies were Constructive Research & Development, Repairogen, Sciadonics, USM-Nano Corp., Be U Cosmetics, NoseCleen, BuddyNSoul ReinEsse LLC and Dermal Photonics.
Repairogen is a revolutionary breakthrough in skin repair that will improve the appearance and health of skin. Its technology delays the visible appearance of skin ageing and enhances the efficiency of the process by two distinct mechanisms – prolonging the time a cell has to discover the damage caused, and increasing the activity of the enzymes involved in the repair process
Day one of in-cosmetics North America also saw a showdown between Colgate-Palmolive, Estée Lauder, Shiseido and Unilever. Teams from the cosmetic giants battled it out in a purpose-built lab to create a formulation masterpiece from a box of mystery ingredients supplied by exhibitors.
Judged by The Institute of Personal Care Science and Mintel, Colgate-Palmolive’s team fought off competition from Estée Lauder, Shiseido and Unilever. The company impressed the panel with its innovative anti-pollution product. A close second, Estée Lauder was given the runner up prize for its innovative face mask.
