NDAs in the Beauty Industry

The Formulation Process Is Broken If It Takes 40 Tries To Get A Product Right

In an interview last month with Beauty Independent, Oliver Nordlinger, co-founder and partner at Monogram Capital Partners, the private equity owner of manufacturer Prime Matter Labs, pointed out the path from beauty product concept to completion is mired in inefficiencies. He said, “There’s just more back and forth with iterations than should be the case. I think a really good way to measure how good a formulator is, how many reps does it take to get from initial brief to final approved formulation?”

Another insightful article by Beauty Independent! Click below to read more about Tish’s discussion on innovation and efficiency in the new product formulation process.

By Published On: May 29th, 2024Categories: News

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