Partnership for Lipoid and Cosmetochem

This agreement will allow both companies to draw on the expertise of the other in order to optimise their R&D and maximise their sales growth worldwide. Dr Olaf Marks will remain a member of the board of directors of Cosmetochem and Dr Herbert Rebmann has been appointed CEO of Cosmetochem.

Dr Rebmann is a pharmacist. He has extensive experience in the development and production of botanical extracts and the activity from plants. He has been a director of Lipoid GmbH for many years.