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Shiseido Buys Olivo Labs

Acquisition provides access to second skin technology.

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By: TOM BRANNA

Editor

These days, it seems as if Shiseido and Unilever are in a race to acquire the most brands and companies. Shiseido has made the latest move, purchasing Olivo Laboratories LLC for an undisclosed amount. Olivo Labs, Watertown, MA, was founded to target unmet needs in the dermatological field and provide solutions to skin-related medical conditions through proprietary biomaterials technologies. Olivo Labs’ lead technology is based on the platform initially developed at Living Proof in collabora...

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