Leveraging IMRE patented thermogel and encapsulation technologies, scientists from the Institute of Materials Research and Engineering, A*STAR, helped local SME Ikeda Group launch a new commercial skincare range called IRÉN that features the world’s first sprayable serum. The Group which began as a small start-up has since seen an increase in sales every month following the launch of the new product line. The revenue forecast for 2018-2019 is a 20-30% increase over the 2017-2018 period.
“Previously there was no research and development, now we have expanded from 2 research staff during the Ikeda-IMRE partnership to 3 members recently”, says Dawnn Tan from Ikeda Spa.
She also revealed that Ikeda has expansion plans for France, Japan and China.The patented thermogel and encapsulation technologies enable protection of active ingredients, more effective skin penetration and sustained delivery. This allows products with multi-functional skincare benefits to be produced by simply mixing serums together without neutralizing the ingredients.
The ingredients used in the products include natural fruits like mangosteen, goji berries, beet, yuzu, avocado, pumpkin and blueberry.
IRÉN was launched in December 2017 after a two-year collaboration with IMRE, A*STAR. The success of IRÉN has sparked further research projects between IMRE-Ikeda scientists.
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