COSMECEUTICALS printed skin market and 2. EVOLVA, in using

COSMECEUTICALS – blessing by Biotechnology.

Sakshi tyagi, Dr. Vibha Gupta*

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Department of Biotechnology, Jaypee
Institute of Information Technology, Noida

A-10, Sector – 62, Noida, Uttar
Pradesh-201307

*Corresponding Author:

ABSTRACT

Since
ancient times, science is the only tool on which humans have been keeping faith
which helps humans to make their life easier and closer to their desires.

With the
development of science and technology the boundaries between various industries
like biotechnology, beauty and healthcare-erode.

Cosmetic
companies use biotechnology both to discover and manufacture components of
cosmetics and to evaluate the effects of natural and synthetic compounds on
skin and skin changes associated with aging. The compounds they discover and
use are termed as “cosmeceuticals”. Cosmeceuticals- is the
combination of cosmetics and pharmaceuticals. Consumers often associate the
clinically inspired ingredients in cosmeceuticals with efficacy, and they are
willing to pay a premium price for these products.

The global
beauty market is valued at approximately 300 billion dollars and is expected to
climb to 390 billion dollars by the year 2020. The demand for cosmetics is
increasing rapidly due to several factors due to which some companies have
started looking down to new avenues in expanding their product line.

L’Oreal, one
of the largest beauty and Cosmetics Company in the world, itself has two
separate Biotech partnerships –

1.  ORGANOVO, in an attempt to enter the
3D printed skin market and

2. EVOLVA, in using Genetically Modified Yeast.

There are various reasons why biotechnology is booming in the beauty
sector. Biotechnology is significantly more effective than traditional skin
care products as stem cells have the capability of cellular regeneration.

One of the most famous biotechnology products is botulinum toxin,
which is commonly known by its commercial name-BOTOX. This protein is made by
bacteria clostridium botulinum. Botox minimizes wrinkles by
paralyzing nerve cells.

Over the
past decade, cosmetic companies have invested heavily in molecular, genomic and
proteomic research into what causes skin cells to age, with the hope of
pinpointing ways to interfere with that process.

The healthy
growth in cosmeceuticals is mainly being driven by an aging population across
the globe and by product innovation by cosmetic makers. Antiaging products are
in particularly high demand. As cosmeceuticals are not regulated by the US Food
and Drug Administration (FDA), cosmetics manufacturers can avoid the hassle of
time consuming and expensive regulatory processes for obtaining approval for
these products. At the same time ,they can demand premium prices for
cosmeceuticals because consumer demand for their additional health and
therapeutic benefits is strong.