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Takes a minority stake in Shinehigh Innovation, a firm specializing in supramolecular chemistry, to overcome common formulating challenges.
September 25, 2023
By: TOM BRANNA
Editor
L’Oréal has made a minority investment in Shinehigh Innovation, a biotechnology company in China. The move establishes a long-term partnership for the co-development of novel and sustainable beauty solutions, according to L'Oréal. This is L’Oréal’s first open innovation investment in China through Shanghai Meicifang Investment Co., Ltd (Meicifang), with the support from BOLD (Business Opportunities for L’Oréal Development), L'Oréal Groupe’s strategic innovation venture capital fund ...
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