The agreement grants Dr Reddy’s exclusive rights to distribute Cosmederm Technologies’s unique skin care products throughout India.
Cosmederm’s proprietary technology allows for the formulation of highly potent, non-irritating skin care products in the areas of anti-aging, acne, pruritus, rosacea and others. The partnership is for two product lines – Refinity peel kits (Glycolic acid 70%) and Cosmederm peel kits (Glycolic acid 50%).
Through this partnership Dr Reddy’s is said to enter the aesthetic dermatology segment and consolidates its position in cosmeceuticals.
Sean Edwards, president of Cosmederm Technologies, said: “The opportunity to work with Dr Reddy’s and introduce our products to Indian consumers is a great milestone for Cosmederm. As a global brand, Dr Reddy’s is a very valuable partner.”