Shiseido acquires Olivo’s Second Skin technology

Shiseido Americas, Shiseido’s regional headquarters and consolidated subsidiary, has acquired all of the assets of Olivo Laboratories. Olivo is a Polaris Partners-backed Massachusetts-based startup advancing the dermatological field through proprietary biomaterials technology, including its pioneering XPL “Second Skin” (Cross-linking Polymer Layer) technology. The CEO is Polaris Partner Amy Schulman. Terms of the transaction were not disclosed. Olivo’s patented approach creates…

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