This article was originally published in The Rose Sheet
The European Commission says it plans to clear up some of the uncertainties about the animal testing ban when the ban goes into effect March 11. Market researcher Packaged Facts says oral-care product sales in the US grew to near $5 billion annually.
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While it appears inevitable that the European Commission’s full ban on testing cosmetic ingredients on animals will proceed starting March 11 as dictated by the Cosmetics Directive, how the EC and member states will interpret and enforce the ban remains to be seen. Consulting firm Technology Sciences Group believes the regulation may be more flexible, and less onerous, than anticipated.
REACH and Dr. Fresh, as well as Firefly kids’ toothbrushes and mouth rinses featuring popular comic book and cartoon characters, will join Perrigo’s Ranir division under the $113m cash deal, which is subject to federal bankruptcy court approval but expected to close in the 2020 first quarter.
Subject to the approval of a federal bankruptcy court presiding over High Ridge Brands’ Chapter 11 case, private equity firm Tengram will add a raft of personal cleansing and hair-care brands to its portfolio while bringing back former High Ridge CEO James Daniels to head up the collection’s rejuvenation.