NEW YORK — They’re not cosmetics and they’re not drugs. Rather, they’re cosmeceuticals and they’re “in regulatory limbo,” dermatologist Albert Kligman told an audience during a luncheon at Health & Beauty America’s first midyear conference in April.

HBA, which is known for its annual Global Expo in the fall, launched the midyear conference believing that there’s enough activity in cosmetics research and development to draw a supporting crowd. HBA hopes to make the conference an annual event.

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