Mississauga, ON -- (SBWIRE) -- 06/04/2015 -- AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com/) announces its latest article titled "NuGene Reports Encouraging Results From Consumer Research Study."
Companies mentioned in this article include NuGene International Inc. (OTCBB:NUGN).
According to Euromonitor International, the U.S. beauty and personal care market registered moderate growth in 2014. The report from Euromonitor noted that spending on cosmetic products received a boost from an improved economic environment in the U.S.
Euromonitor though added that the beauty and personal care market is extremely competitive. Indeed, growing competition in the cosmetics industry has led to companies focusing on biological and chemical sciences to create better products. Cosmetic companies are also focusing on products with multiple benefits, according to Euromonitor.
Andrea Rinaldi noted in a report by the European Molecular Biology Organization noted that the latest cosmetics are based on advanced research that includes the use of biotechnology-derived ingredients, stem-cell based products and therapies, and cell or tissue engineering.
This morning one company that is focusing on biotechnology to develop cosmetic products reported positive results from a consumer research study. NuGene International Inc. (OTCBB:NUGN) is a development-stage company based in New York City. The company is engaged in the development, manufacturing and marketing of advanced skin cancer and hair care lines using adipose derived human stem cells and stem cell media.
The full version of this article can be found at:
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