CRA Korea Inc. joins the Eurofins network of companies
CRA Korea Inc. joins the Eurofins network of companies
Over the past 35 years, the Eurofins network of companies has built a myriad of emblematic and complementary laboratories through targeted acquisitions and investment in new laboratories. The portfolio of Cosmetics & Personal Care international laboratories—the richest and most diverse in the beauty testing industry—contributes actively to the Eurofins Group’s long-term growth.
Eurofins Cosmetics & Personal Care announces the completion of the acquisition of a majority stake in CRA Korea Inc., a South Korea based clinical testing laboratory. The acquisition extends Eurofins Cosmetics & Personal Care’s global leadership position and accelerates future growth, especially in key markets in Asia Pacific. It will enable Eurofins Cosmetics and Personal Care to expand its presence and service offering to local and regional customers and grow its capabilities in clinical studies. Supported by 21 unrivalled clinical capabilities and strong innovation, the Eurofins Cosmetics & Personal Care laboratory network offers a broad service offering and differentiated clinical studies.
CRA Korea Inc., based in Cheongju-Si, South Korea is an institution specialising in skin specific clinical evaluation of materials, formulations and products in the cosmetic, health functional food and pharmaceutical fields. CRA Korea Inc. conducts studies with dermatologists and experts and has extensive experience in clinical studies, consumer tests, sensory evaluation and in vitro tests.
CRA Korea Inc’s service offering will complement Eurofins Korea Analytic Service’s well-established analytical capabilities, providing clients with unique analytical, microbiological and clinical solutions.
CRA Korea Inc. will hereafter be referred to as “Eurofins CRA”.
About CRA
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CRA Korea Inc., a CRO based in Cheongju-Si, was established in 2019 to conduct accurate cosmetic clinical research by gathering Korean cosmetics-related experts (formulations, ingredients, efficacy dermatologists, etc.) with more than 20 years of experience. It employs 8 staff who are highly skilled and motivated in their fields. It primarily provides safety and efficacy studies, consumer tests, sensory evaluation to the cosmetics and personal care industry. The company has developed significant relationships with local key brands on skin care, body care, make-up, hair care, functional cosmetics, functional food and quasi-drug evaluation that requires high level of expertise. |
About Eurofins Cosmetics & Personal Care Business Line
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Eurofins Cosmetics & Personal Care is the leading provider in cosmetics and personal care testing worldwide, offering the most comprehensive service portfolio from its state-of-the-art cosmetics testing laboratories across the globe. With a network of over 30 high-level laboratories active in the field across Europe, North America, Asia-Pacific and Africa, Eurofins Cosmetics & Personal Care offers an unmatched range of services to both top-tier international and local clients, including: regulatory and toxicological services, physico-chemical analyses, microbiology, ecotoxicity and biodegradability, in vitro testing, clinical studies, consumer tests and sensory evaluation, and audit and consulting services. Eurofins Cosmetics & Personal Care is part of the Eurofins Group. |
About Eurofins
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Eurofins is Testing for Life. Eurofins is the global leader in food, environment, pharmaceutical and cosmetic product testing and in agroscience Contract Research services. It is also one of the market leaders in testing and laboratory services for genomics, discovery pharmacology, forensics, BioPharma Contract Development and Manufacturing, advanced material sciences and has a rapidly developing presence in highly specialised and molecular clinical diagnostic testing and in-vitro diagnostic products. With 58,000 staff across a network of 900 laboratories in 54 countries, Eurofins’ companies offer a portfolio of over 200,000 analytical methods. Eurofins Shares are listed on Euronext Paris Stock Exchange.
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