THE WHAT? Shiseido has announced that it has agreed to buy a minority stake in Perfect Corp. The transaction is expected to close in the third quarter of the year and follows Perfect’s announcement that it will be publicly listed on Nasdaq.
THE DETAILS Financial terms of the deal were not disclosed. Shiseido has partnered with the AI and AR expert in the past on virtual make-up experiences from numerous brands which were powered by Perfect’s technology.
THE WHY? The J-beauty giant said in a statement, “In the medium-to-long-term business strategy WIN 2023 and Beyond, Shiseido has positioned ‘Build a digitally driven business model and organization’ and ‘Accelerate innovation through external collaborations’ as a part of its strategies. With the minority investment in Perfect, we will be able to strengthen our partnership and leverage state-of-the-art technology as well as consider making future collaborations with the company in new categories. This will help us accelerate our digital capabilities to enhance services to our consumers and drive further innovation enabling us to be a global leader in the beauty industry.”
Aesthetic injectable companies refer to businesses or companies that specialize in manufacturing, distributing, or providing aesthetic injectable products and services. These companies focus on developing and supplying injectable substances used for cosmetic purposes, typically administered by qualified medical professionals. Aesthetic injectable companies play a crucial role in the field of aesthetic medicine and cosmetic dermatology by offering a variety of injectable products designed to enhance facial features, reduce wrinkles, and improve overall skin appearance.
Key aspects of aesthetic injectable companies include:
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Product Development: These companies research, develop, and manufacture aesthetic injectables such as dermal fillers, botulinum toxins (e.g., Botox), collagen stimulators, and other specialized formulations. They often innovate new products to meet evolving market demands and technological advancements.
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Distribution and Sales: Aesthetic injectable companies distribute their products through authorized channels, including healthcare providers, medical spas, and aesthetic clinics. They may also sell directly to licensed professionals who administer these treatments.
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Regulatory Compliance: Due to the medical nature of their products, aesthetic injectable companies adhere to strict regulatory guidelines and obtain necessary approvals from health authorities (e.g., FDA in the United States) to ensure safety, efficacy, and quality standards.
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Training and Support: Many companies provide training and educational support to healthcare professionals on the proper use, administration techniques, and safety protocols associated with their injectable products. This ensures that practitioners can deliver treatments effectively and safely.
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Customer Support: Aesthetic injectable companies offer customer support services to healthcare providers and consumers, addressing inquiries, providing product information, and assisting with product usage and troubleshooting.
