The Estée Lauder Cos. Inc. and Lacey, Wash.-based Unigen Inc. said Tuesday that they have entered into an exclusive product license and supply agreement related to the development and commercialization of Unigen’s proprietary natural ingredients. Unigen discovers and develops proprietary natural ingredients for the dietary supplement, food, cosmetics, personal care and pharmaceutical industries.
This story first appeared in the March 23, 2011 issue of WWD. Subscribe Today.
The deal gives Lauder exclusive rights to certain Unigen discoveries. The first of these discoveries is used in Clinique’s best-selling new products Clinique Even Better Clinical Dark Spot Corrector and Clinique Derma White Clinical Brightening Essence.
“This is a very innovative and interesting company, which brought us an ingredient that made a very big difference in our products,” said Lynne Greene, global brand president for Clinique, Origins and Ojon at the Estée Lauder Cos., during a Tuesday afternoon phone interview. “While Clinique was one of the first brands to benefit from the partnership, all of the brands at the corporation, not just Clinique, are working with this company, and everyone’s very excited with the level of innovation.”
“The combination of Unigen’s commitment to developing highly effective cosmetic ingredients with the Estée Lauder Companies’ outstanding product development expertise will result in even better performing products for our consumers,” stated Harvey Gedeon, executive vice president, global research, development and product innovation for the Estée Lauder Cos. “We look forward to working with Unigen’s scientists to bring additional benefits to our other products and brands.”
“We are delighted that a company with the Estée Lauder Companies’ stature and global reach has committed to showcase our scientists’ discoveries,” stated Ed Cannon, Ph.D., Unigen’s president and chief executive officer. “Unigen shares a commitment to people and planet, and we are excited by the new product potential of combining the Estée Lauder Companies’ skin biology expertise with Unigen’s natural products chemistry and biology expertise.”