Soapbox, YENSA, Vegamour Among Fastest-Growing Cosmetics Companies On Inc. 5000
Inc. 5000 ranks the fastest-growing privately held companies in the US. With three-year growth of nearly 2,200%, Soapbox came in at No. 198 on the 2021 list, outpacing other beauty and personal-care companies that had enviable showings nevertheless in a year of unprecedented challenges.
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StriVectin president Cori Aleardi will join Crown’s executive leadership team, helping to merge the businesses and drive growth across Crown’s brand portfolio, which includes PanOxyl acne wash, Blue Lizard Australian Sunscreen, the SkinPen microneedling device, and prescription skin creams.
As anticipated, the US FDA’s proposed order for sunscreens released on 24 September creates a bridge to the agency’s 2019 proposed rule before the CARES Act overhauled OTC drug review in March 2020.
Industry anticipates a proposed administrative order from the US FDA by 27 September on OTC sunscreen drug products, including GRASE status of active ingredients. Meanwhile, the agency’s probe continues into UV filter environmental impacts, and the National Academy of Sciences is gathering information to weigh those possible ills against human health consequences of reduced sunscreen use.