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| | Kollodis BioSciences, Inc. Enters Into Agreement to Develop Cosmetic Glue Adhesives
| A new type of mussel adhesive protein based bioadhesive formulation could offer aldehyde-free and healthy eyelash extension in a year. |
FOR IMMEDIATE RELEASE
PR Log (Press Release) –
Oct 27, 2009 – Kollodis BioSciences, Inc. announced that it has entered into a collaborative agreement with Lifeace Co. Ltd. to develop and commercialize Kollodis' recombinant mussel adhesive protein (MAP) compositions for use as cosmetic glues and related adhesive applications. Kollodis has demonstrated that MAP-based adhesive compositions can be used as eyelash glues in a simple cost-effective manufacturing process.
Mussel adhesive proteins have long been recognized as being biocompatible, environmentally- friendly, and effective bioadhesives for a wide variety of applications including consumer and cosmetic applications. Dr. Louis M. Scarmoutzos, President and CEO of Kollodis BioSciences, states "Mussel MAP-based adhesive compositions provide gentle, non-irritating adhesion even to the most delicate of skins."
The agreement calls for Lifeace to fund the development and commercialization of cosmetic glue products using Kollodis’ proprietary MAP technology. Lifeace will pay an undisclosed up-front fee to acquire the intellectual property for formaldehyde-free eyelash glue applications as well as options to acquire additional products developed in the collaboration.
About Kollodis BioSciences, Inc.
Kollodis BioSciences, Inc. has successfully developed a proprietary recombinant protein expression system for the large scale production of various mussel adhesive proteins (MAP). Kollodis is developing MAP-based smart biomaterials for biotech, medical and industrial applications. Additional information is available on the Company's website at www.kollodis.com.
About Lifeace Co. Ltd.
Lifeace is a leading Korean provider of quality cosmetic and beauty-related products for the consumer, including eyelash extension, nail, hair and semi-permanent makeup products. Lifeace has expanded its product focus to include the development of bioadhesive-based cosmetics, including formaldehyde-free eyelash glues and cosmetic fillers. Media queries should be directed to +82.10.7667.1478 or classic1972@naver.com.
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Kollodis BioSciences, Inc. is focused on the ongoing development of our proprietary mussel adhesive protein material based solutions that are clinically proven, and add value to our customer's products.
For this goal, Kollodis continues to be committed to providing our customers with products of the highest quality which also comply with all applicable regulatory requirements such as the ISO 9001:2000.
Kollodis also continues to offer a wide range of biofunctional materials using its proprietary technology, MAPTrix™, to provide superior and innovative mussel adhesive protein based biomaterials as well as support its products
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| Email Contact | | : | Click to email (Partial email = @kollodis.com)  |
| Issued By | | : | Kollodis BioSciences, Inc. |
| Phone | | : | +1.617.283.2182 |
| Fax | | : | +1.801.760.0659 |
| Address | | : | 36 Dartmouth Street, Suite 304 |
| City/Town | | : | Malden |
| State/Province | | : | Massachusetts |
| Zip | | : | 02148 |
| Country | | : | United States |
| Categories | | : | Biotech, Beauty, Deals |
| Tags | | : | bioadhesive, mussel adhesive protein, aldehyde-free adhesive, eyelash, cosmetic glue, map |
| Last Updated | | : | Oct 27, 2009 |
| Shortcut | | : | http://prlog.org/10389539 |
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