Business · Companies · 2 hrs ago

Croda’s Volufiline sales surge after finding a use for ‘Ozempic face’

Croda’s Volufiline sales surge after finding a use for ‘Ozempic face’

British chemicals group Croda has found a new use for an existing ingredient as demand for its beauty products grows.

The company had made Volufiline, a skin-plumping ingredient, for about a decade, with limited sales, mainly for body creams.

Doctors found it can help with facial hollowing associated with rapid weight loss among users of GLP-1 drugs such as Ozempic.

Volufiline sales revenue rose 270 per cent in the first half of the year, and more than 150 companies signed up to use it in products.

The discovery has helped revive interest in Croda, whose shares had fallen for four years after a rise during the Covid vaccine period.

Croda is now promoting KeraBio as its next beauty product, a synthetic form of keratin developed at its research facility in Cheshire.

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What people are saying

Steve FootsCroda chief executive
Ozempic coming on the market has created a big opportunity, which we’re capitalising on.
via SMH
It had been in our portfolio for a decade,
via SMH