Moda Moda, a Korean company that developed the Pro-Change Black Shampoo, is reportedly mulling on relocating to the United States as it is facing a sales ban in South Korea. The firm said late last week that it is seriously thinking of moving its core business to America after hitting a snag in the country.
As per The Korea Herald, Moda Moda may be banned from selling in S. Korea as the nation's Food and Drug Safety found an issue with the hair coloring shampoo. The shampoo brand has been called a "miracle" shampoo because it can turn gray hair into black again with use.
It was also claimed that Moda Moda is the world's first multifunctional shampoo that works through its patented 3-step oxygen blocking technology. This process is a sealing mechanism that consists of an aluminum pouch, disc valve, and a shaft that is customized to block oxygen exposure and preserve the formula from oxidizing.
Moda Moda's Pro-Change Black Shampoo was formulated by the company together with Dr. Lee Hae Shin (Ph.D.), a chemist from MIT and KAIST professor. The product was said to have been developed in the span of seven years.
The shampoo was made with a natural antioxidant that reacts with oxygen and sunlight to darken gray hair and slowly turn it to blackish brown. It was added that the shampoo also helps middle-aged people with problems with hair loss by increasing hair volume and minimizing hair loss.
All the things that the Pro-Change Black Shampoo could do are amazing, but the country's drug agency said that the product is not safe for use. Thus, a sales ban would be issued.
"If the Ministry of Food and Drug Safety sticks to sales ban on our coloring shampoos, we have no choice but to move our business to the US," an official of Moda Moda said regarding the agency's decision. He went on to reveal that they already have an HQ in New York and planning to move to Delaware.
The Korea Times further reported that the "Miracle shampoo" is likely to be banned over alleged toxic chemical content. The product sold out fast, but the Ministry of Food and Drug Safety announced in December last year that it will be prohibiting the use of 1,2,4-trihydroxy benzene (THB), which is the main ingredient of the shampoo.
In response, Moda Moda said that it is conducting additional clinical trials to prove that its Pro-Change Black Shampoo is safe and have the agency review it once again. However, the drug ministry's spokesman Kang Baek Won told The Korea Times, they are standing firm with its decision saying, "Our decision that was made based on thorough discussion with experts, remains unchanged."


Bank of Japan Signals Potential Rate Hike as Inflation Risks Rise Amid Energy Shock
European Car Sales Surge in March as EV and Hybrid Demand Accelerates
Oil Prices Steady as U.S.-Iran Talks Ease Tensions Despite Strait of Hormuz Disruptions
New Zealand Economy Faces Short-Term Pressure but Recovery Remains on Track
Nvidia Pushes 800V Data Center Power Systems to Boost Efficiency and Cut Costs
Daiichi Sankyo Stock Drops After Earnings Delay and Oncology Review
Canadian Dollar Outlook: Resilient Performance Driven by Oil Prices and Market Dynamics
SK Hynix to Invest $13 Billion in AI Chip Packaging Facility
US and EU Strengthen Critical Minerals Partnership to Reduce China Dependence
Japan Inflation Rises in March Amid Energy Price Surge and Middle East Tensions
Florida Launches Criminal Probe Into OpenAI Over FSU Shooting Incident
U.S. Sanctions Target Chinese Refinery Over Iranian Oil Purchases
USDA Plans to Expand Farmer Surveys to Improve Crop Report Accuracy
Microsoft Commits $18 Billion to Expand AI and Cloud Infrastructure in Australia
Indian Cotton Yarn Exports Surge as China Demand Rises Amid Global Supply Disruptions
Wall Street Hits Record High as Tech Stocks Surge Amid U.S.-Iran Developments
Nikkei Retreats After Brief 60,000 Break as Profit-Taking and Geopolitical Risks Weigh 



