PartnershipJun 1, 2026, 08:12 AM
Caring Brands Expands 5-Year Licensing Deal with SanPellegrino Cosmetics
AI Summary
Caring Brands Inc. announced an expanded five-year multi-territory licensing agreement with SanPellegrino Cosmetics Private Limited (SCPL) for Photocil and Hair Enzyme Booster. The revised agreement, effective May 21, 2026, extends commercial reach across India, LATAM, Russia, Australia, and New Zealand, building on three years of successful commercialization. Both products, manufactured in India, have demonstrated strong performance and clinical acceptance, with the CEO expecting improved revenue streams from high-growth international markets.
Key Highlights
- Expanded multi-territory licensing agreement with SanPellegrino Cosmetics Private Limited (SCPL).
- Agreement covers Photocil and Hair Enzyme Booster for a five-year initial term.
- Effective May 21, 2026, with automatic annual renewal.
- Expanded territories include India, LATAM, Russia, Australia, and New Zealand.
- Photocil commercialized as Photofirst by Eris Lifesciences in India.
- Hair Enzyme Booster licensed to Dr. Reddy’s, Cipla, Dabur, Eris, and Glenmark.
- CEO expects improved revenue streams from high-growth international markets.
Price Impact
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