• The company’s flagship project is the development of a portfolio of four bioadhesive UVA and UVB filters, their registration, and their incorporation into a combined formulation in an SPF 50+ product, with the aim of targeting the primary UV protection market ($12 million)

 

• The Company has identified several opportunities in the cosmetics market, specifically in the area of secondary UV protection, that are likely to present development opportunities.
 

• Secondary UV protection encompasses product categories whose primary use is not sun protection, but within which we are now seeing an increasing integration of UV protection benefits, and for which long-lasting UV protection is a consumer expectation.
 

• This trend stems from structural shifts in demand, marked by a desire for protection solutions integrated into daily routines, as well as by the increased emphasis placed on preventing the cumulative effects of sun exposure:

 

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