Merck Signs Licensing Agreement with Sol-Gel Technologies
Posted: January 25, 2008
Merck KGaA announced its existing exclusive contract with Sol-Gel Technologies Ltd. in Israel has been redrafted into a licensing agreement, allowing Merck, in addition to the exclusive rights to marketing and global sales, the permission to manufacture Sol-Gel's UV-Pearls. The UV-Pearls brand name includes a technology developed by Sol-Gel Technologies to encapsulate UV absorbers. Merck uses this process to encapsulate its organic UV filters. The corresponding products are available under the brand name Eusolex UV-Pearls.
"Eusolex UV-Pearls are the 'sunglasses for the skin,'" says Bettina Magsaam, group leader marketing cosmetic actives, Merck Darmstadt. "Applying the capsules to the skin is comparable to wearing sunglasses to protect the eyes."
"This is an important achievement for Sol-Gel", said Alon Seri-Levy, co-founder and CEO, Sol-Gel. "After these years of successful collaboration, we are proud that Merck has chosen to increase its commitment to our controlled and highly efficient encapsulation technology."
Merck introduced the encapsulated organic UV filter to the market in 2001.