Thursday, 16 February 2012

Glenmark forays into cosmeceutical segment

Glenmark, the research-driven, global, integrated pharmaceutical company has  announced its foray into the high-end cosmeceutical segment in India with the launch of Canadian company Immanence-IDCs scientific and sophisticated anti-ageing product line in India.
A world leader in Dermatology – Glenmark has formed a new division – ‘Glenmark CosmoCare’ to pursue opportunities in the burgeoning Indian cosmeceutical segment. Glenmark will follow the ethicals (Doctor Prescribed) way of selling and marketing the IDC range in India and will leverage its wide network of cosmetologists and dermatologists across the country.
The IDC line which sets itself apart due to its highly advanced Regen 16s technology targeting the 16 main mechanisms responsible for skin ageing will be available at clinics of leading cosmetologists and dermatologists in around 30 cities across India.

Glenmark recently entered into a ten-year agreement with Immanence IDC to distribute the Canadian companys high-end dermatology products in 8 countries – India, Brazil, Mexico, South Africa, Egypt, Vietnam, Malaysia and Thailand. Glenmark plans to roll out of the range in most of these markets by end of Financial Year – FY 12.

Speaking at the launch, Rajeev Sibal, Senior Vice President, Glenmark Pharmaceuticals observed “Our foray into cosmeceuticals will significantly enhance Glenmark’s dermatology product offerings and will further consolidate our leadership position in the segment. IDC products are based on strong scientific foundation and we are proud to offer the advanced cosmeceutical line to our wide network of cosmetologists and dermatologists across the country.” He added “Through the CosmoCare division, we aim to be a leading player in the cosmeceutical space and one of the most recommended brands by cosmetologists and dermatologists in India.”
 
“We are delighted at the launch of the IDC range in India. Although the Indian cosmeceutical market has been witnessing strong growth, the skincare segment is still at a nascent stage in the country. Hence, we see a great opportunity for IDC scientific and sophisticated anti-ageing cosmeceutical products in India.”, said Dr. Eric Dupont PhD, Chairman of the Board at Immanence-IDC who was present on the occasion. “We are honoured that a world leader in dermatology has recognized the innovative science and quality behind our anti ageing products and have partnered us to enhance the global presence of the IDC brand.”

The IDC line launched in India includes – Pearl Ultra Purifying Cleansing Gel, Anti Wrinkle & Firming Integral Correction Serum, Anti Wrinkle & Firming Men Integral Correction Serum, Deep Wrinkles Serum, Image Blanc Complexion Lightner Serum, Image Blank Spot Lightner Serum and Hydra Seal SPF 25.
 
“We are delighted at the launch of the IDC range in India. Although the Indian cosmeceutical market has been witnessing strong growth, the skincare segment is still at a nascent stage in the country. Hence, we see a great opportunity for IDC scientific and sophisticated anti-ageing cosmeceutical products in India.”, said Dr. Éric Dupont PhD, Chairman of the Board at Immanence-IDC who was present on the occasion. “We are honoured that a world leader in dermatology has recognized the innovative science and quality behind our anti ageing products and have partnered us to enhance the global presence of the IDC brand.”
 
The IDC line launched in India includes – Pearl Ultra Purifying Cleansing Gel, Anti Wrinkle & Firming Integral Correction Serum, Anti Wrinkle & Firming Men Integral Correction Serum, Deep Wrinkles Serum, Image Blanc Complexion Lightner Serum, Image Blank Spot Lightner Serum and Hydra Seal SPF 25.

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