Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies 
TrumpRx Website Launches to Offer Discounted Prescription Drugs for Cash-Paying Americans 
Boeing Signals Progress on Delayed 777X Program With Planned April First Flight 
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains 
Nvidia Nears $20 Billion OpenAI Investment as AI Funding Race Intensifies 
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch 
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine 
Baidu Approves $5 Billion Share Buyback and Plans First-Ever Dividend in 2026 
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences 
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering 
Nasdaq Proposes Fast-Track Rule to Accelerate Index Inclusion for Major New Listings 
AMD Shares Slide Despite Earnings Beat as Cautious Revenue Outlook Weighs on Stock 
Australian Scandium Project Backed by Richard Friedland Poised to Support U.S. Critical Minerals Stockpile 
Novo Nordisk Warns of Profit Decline as Wegovy Faces U.S. Price Pressure and Rising Competition 
SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO 
Nintendo Shares Slide After Earnings Miss Raises Switch 2 Margin Concerns 
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge 
Cosmax Group announced the launch of "Cosmax BF" to collaborate with other cosmetics companies and industries for the development of new technology for skin products. The newly set up alliance will focus on biomaterial development and research on biotechnology beyond the skin microbiome.
Cosmax Group said it will pursue partnerships with companies and work on microbiome, biosynthetic strains, and natural emulsifiers. The company confirmed its new Bio Foundry on Monday, Feb. 5, and said this is an intra-group group for biomaterial R&D, per The Korea Economic Daily.
Cosmax BF Bio Foundry
The new alliance was formed with three corporate members: CM Tech, Cosmax BTI R&I (Research & Innovation) Center, and Cosmax AB, a new Active Biome joint venture. Along with these companies, the Cosmax BF will have 100 researchers from local and global universities. They are all expected to participate in open research for microbiome cosmetics.
Cosmax Group is known as an original design manufacturing (ODM) cosmetics firm in South Korea, and its new integrated R&D center for biomaterial was formed to combine or merge the company's existing bioexpertise. It is also meant to promote collaborative efforts among internal research groups.
About Cosmax
Korea's The Yakup News reported that the Cosmax Group started researching the skin microbiome in 2011 and commercialized the first skin microbiome cosmetics in 2019. It was a very successful debut; in 2022, the cosmetics ODM brand launched the second generation of skin microbiome called Strain CX, a flora collected from thousands of people's skin.
"Currently, large global customers are competing to develop cosmetics that take into account not only efficacy but also the environment using organisms," a Cosmax Group official said in a press release. "Through the launch of Cosmax BF, we will significantly strengthen the group's bio capabilities to gain an upper hand in future cosmetics competition."
Photo by: Cosmax Press Release
