Cosmetics international trade
This article was originally published in The Rose Sheet
Korean Cosmetic Products Act pointed to as trade concern by U.S. Trade Representative in 2001 Annual Report released March 19. "U.S. government has repeatedly raised its concerns with Korea," and both the U.S. and EU "are considering next steps to resolve this issue," USTR says. New regs are "extremely vague," USTR asserts, noting only 18 U.S. products have been approved for sale out of more than 600 applications. Cosmetic Products Act, which went into effect July 2000, applies pharmaceutical-type standards to some cosmetic products such as skin whiteners and sunscreens. Cosmetic, Toiletry and Fragrance Association testified before the International Trade Committee against the regulations last year as part of a general fact-finding investigation (1"The Rose Sheet" June 11, 2001, p. 6)...
You may also be interested in...
Applying pharmaceutical-type standards to cosmetic products creates a barrier for U.S. cosmetic companies marketing in the Republic of Korea, CTFA VP-International Louis Santucci asserts in written testimony to the International Trade Commission.
Just three years after its founding, Chinese cell therapy developer IASO Bio already has two assets in clinical development and the Nanjing firm has recently attracted $60m in financing. In an exclusive interview, its R&D head told Scrip that speed and partnerships are propelling Chinese developers on a trajectory to quickly catch up with the west in the emerging cell-therapy arena.
Updated guidance from England’s National Institute for Health and Care Excellence says two neurostimulation systems for treatment-resistant depression and epilepsy should only be used under special conditions. See what LivaNova’s VP of difficult-to-treat depression, Jonathan Walker, said about it here.