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-
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-
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-
