New Delhi: RPG Life Sciences has entered into a technical alliance with Italian cosmetic leader Labo Cosprophar. The new partnership is to enter into cosmetology and will soon launch two new products for hair and skin care.
A separate division has been created to market these unique products that are titled Crescina and Fillerina. These products specialize in hair-fall control and anti-aging, respectively.
“The company is in-licensing two research-based products to be launched in the Indian cosmetic market this July,” RPG Life Sciences said in a statement.
“Their (Labo Cosprophar) products have presence in over 33 countries, including Europe, the UK, the US and Asia. We are confident that both these products will be ideal to fill the need gap in respective therapies,” RPG Life Sciences Managing Director C T Renganathan said.
The company recognises the need for research-based result oriented treatments in hair loss and anti-ageing segments in India, he added.
The stock was today trading 5.60 per cent up at Rs 246.10 on BSE in the afternoon trade.
(With PTI Inputs)