Sao Paulo-the Johnson & Johnson bought the company NeoStrata Consumption, one of the largest companies of dermacosmetics in the world.
The acquisition includes the affiliates of the NeoStrata and its parent company, privately held TriStrata. The values were not disclosed.
Based in Princeton, NeoStrata is known for research on alpha hydroxy acids, base of one of the technologies most commonly used in anti-aging beauty products in the world.
The company was founded in 1988 by doctors Ruey Yu and Eugene Van Scott and is still based in the United States.
With the acquired company''s innovation, Johnson Johnson intends to thicken your & portfolio of skin care products offered around the world.
The value of the acquisition, which must be completed in the second half, was not released.
Exame
Related products
News Item translated automatically
Click HERE to see original