Merck, a manufacturer of ingredients for cosmetics industry has entered into partnership pact with French firm Greenpharma SAS to market latter’s cosmetic ingredient ‘poppy seed extract’. As per the agreement, Merck will market the active ingredient globally under its umbrella brand RonaCare, as of September 2013.
Additionally, Merck will be liable for sales, logistics and application technology customer support. Poppy seed extract is a skin-firming substance with a dual mechanism of action.
Merck is a global pharmaceutical and chemical enterprise. In the pharmaceutical segment major products include vitamins, nutritional supplement, cardio vascular, respiratory, hematinics, cough and cold, non-steroidal anti-inflammatory (NSAID), antibiotics, oral rehydration salts and encephalotropics.
| Company Name | CMP |
|---|---|
| Sun Pharma Inds. | 1668.90 |
| Dr. Reddys Lab | 1235.10 |
| Cipla | 1232.95 |
| Zydus Lifesciences | 936.50 |
| Lupin | 2327.10 |
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