MILAN — In an unprecedented transfer within the Italian magnificence panorama, main cosmetics producer Intercos Group has inked a five-year settlement with the College of Milano-Bicocca to crew up in conducting scientific analysis on formulations and sustainable processes aimed toward creating modern magnificence merchandise.
A shared laboratory internet hosting researchers and tech tools from each events may even be established on one of many college’s campuses, particularly the one at Vedano al Lambro, a 20-minute drive from Intercos headquarters.
Dubbed “Joint Lab,” the laboratory will formally kick off its actions in September. The preliminary, shared funding within the operation was greater than 1 million euros.
A technical scientific committee comprising 4 representatives of every get together will set the final tips for the event of actions and definition of operational tasks.
On the signing of the deal, Intercos’ founder and president Dario Ferrari recalled earlier, one-off collaborations with the multidisciplinary college however outlined the brand new, long-term settlement as “one-of-a-kind.”
“For the reason that very starting of this firm, we understood that analysis and innovation was the one strategy to develop. We wished to be the corporate that might make investments extra money, vitality and workforce in innovation on the earth of cosmetics globally, and we managed to try this,” stated Ferrari, underscoring that greater than 1,000 Intercos workers work in R&D.
“We’ve at all times labored in-house. We all know that analysis and innovation are issues you’ll be able to’t purchase: they’re the results of years of labor, and you need to create them from the within,” continued Ferrari, highlighting that Intercos will particularly deliver to the collaboration its know-how in uncooked supplies and energetic substances, developed during the last 25 years, in addition to its information of the market.
The chief recognized the primary problem of the partnership in creating a standard language “since as of immediately we communicate two completely different ones” however stated the collaboration can be fruitful and lead to new options in cosmetics.
“The consequence can be proportional to our capacity to show [discoveries] into environment friendly, business alternatives and take them to the market. This can be our objective and, presumption apart, I imagine Intercos is basically the perfect car to advertise any new thought and product within the cosmetics business, as we all know all of the manufacturers and have privileged relationships with key corporations,” Ferrari stated.
For the college’s dean Giovanna Iannantuoni, the collaboration might additionally present key studying serving to the establishment in enhancing its programs to match the true calls for of the business.
“Cosmetics are sometimes thought-about the ‘poor kinfolk’ of prescription drugs however there’s lots of people making use of for this business as a result of it has been making progress in leaps and bounds and it strikes sooner than pharmaceutical. We transfer in a extra agile method, which is rooted within the nature of our enterprise itself, so we will deliver a mind-set that’s modern and sooner,” Ferrari stated.
Based in 1972, Intercos provides make-up and skincare to round 450 prospects globally. It employs about 5,800 individuals worldwide, distributed by 11 analysis facilities, 15 manufacturing crops and 15 gross sales places of work on three continents.