Vivimed Labs approved as a Global Supplier to L'Oreal - France

Vivimed Labs Ltd has announced that the Company has been approved as a Global Supplier to L'Oreal - France.

This will propel the Company into a strong position as an actives supplier to the USD 7 billion, Global Sunscreen Market which is growing at the rate of 7-10% annually.

Speaking on this occasion Mr. Santosh Varalwar, Managing Director, of the Company said, "This approval endorses Vivimed's position as a globally competitive supplier, and further strengthens its already established leadership in the sunscreen actives market. Vivimed hopes to leverage this association with the Global leader to open up prospects to qualify as a supplier for its other key products to the Cosmetic Giant."

Source : Equity Bulls

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