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Business
Shiseido acquires MIT spin-off Olivo
by Marc S. Reisch
January 15, 2018
| A version of this story appeared in
Volume 96, Issue 3
Japanese cosmetics maker Shiseido has purchased Olivo Laboratories, developer of a breathable polymeric second skin that reduces the appearance of wrinkles and bags under the eyes. Olivo, one of C&EN’s 10 Start-Ups to Watch in 2016, is based on technology developed by Massachusetts Institute of Technology chemical engineer Robert Langer and others. Shiseido says it expects to combine Olivo’s expertise with its own to offer products providing significantly enhanced skin care.
The power is now in your (nitrile gloved) hands
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