Breaking News

Gillette Invests in Laser

November 14, 2005

Gillette executives don’t mind a little com- petition—even when the competition may come from within. Last month, Gillette said it would invest up to $7 million with Palomar Medical Tech- nologies Inc. to develop an at-home laser hair removal device for women. Gillette plans to invest up to $7 million during the next 30 months to develop the device, which would be an at-home version of a costly hair removal machine that can only be used at a doctor’s office.
The current agreement only involves research and development, but if testing and regulatory requirements are met, the two companies said they will consider a commercial launch. If the product is successful, it could cut into demand for Gillette’s namesake razors, but a spokeswoman said the company hoped that any new product would “augment and enhance” Gillette’s razor business.

blog comments powered by Disqus
  • Patent Update

    Patent Update

    July 28, 2016
    Three-layered hair product from Lauder, palm oil extracts for wrinkle treatment and more in recently awarded patents.

  • Pushin’ the Cushion

    Pushin’ the Cushion

    Christine Esposito, Associate Editor||July 26, 2016
    AmorePacific, the creator of the cushion compact, continues to improve its unique product.

  • Cozy Makes a Splash

    Cozy Makes a Splash

    Melissa Meisel, Associate Editor||July 25, 2016
    Expands reach in CVS and introduces new collection.

  • Sustainability is Omnipresent

    Sustainability is Omnipresent

    Christine Esposito , Associate Editor||July 1, 2016
    Industry stakeholders convene in New York City for Organic Monitor’s annual event

  • Perceived Perfection

    Perceived Perfection

    Christine Esposito, Associate Editor||July 1, 2016
    From primers to pressed powders, facial cosmetics help create the illusion of a flawless complexion.

  • Preserve & Serve

    Preserve & Serve

    Melissa Meisel , Associate Editor||July 1, 2016
    Suppliers with innovative preservatives provide staying power for formulations.