THE WHAT? L’Oréal and Verily have announced a strategic partnership, exclusive in beauty, to advance skin health.
THE DETAILS Through two programs, the French beauty giant and Alphabet precision health company are hoping to better understand and characterize skin and hair aging mechanisms and to inform L’Oréal’s precision beauty tech strategy and product development.
The first initiative will be a strategic research collaboration to establish a longitudinal biological, clinical, environmental view of skin health and the second will be a partnership between Verily’s R&D team and L’Oréal’s Active Cosmetics division to explore the development of new technologies and tele-diagnosis solutions.
“We recognize skin health as a critical need for overall wellness as it not only impacts us physically in our daily lives, but also holistically. Our collective approach has the potential to identify the right intervention based on data, powered by Verily’s technology and clinical science abilities combined with L’Oréal’s beauty industry leading intelligence and dermatology network” says Brian Otis, Fellow, Co-Founder, Verily.
THE WHY? Nicolas Hieronimus, Chief Executive Officer, L’Oréal Group, reveals, “We are excited to partner with Verily, a world leader in precision health tech. L’Oréal’s century-long commitment to pioneering innovation has come from our strong belief in the intersection between science, formulations, and our unique Advanced Research capabilities to decode revolutionary scientific discoveries that will create the future of beauty. Thanks to this partnership, we want to lead a new era of skin health, through tech and science, to enable every person around the world the most inclusive, personalized, powerful and precise programs for their skin at each stage of their lives.”