Medical aesthetic products. Beauty tech company APR Corp receives US$60 million investment in pre-initial public offering 

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THE WHAT? South Korean ‘beauty tech’ company APR Corp has received a US$60 million financial injection via a pre-initial public offering investment following a company valuation of around 700 billion won, according to a report by Aju Daily. 

THE DETAILS The company has brands in the cosmetics sector such as Medicube, Aprilskin and AGE-R, as well as fashion and entertainment industries. 

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THE WHY? With beauty tech becoming increasingly incorporated into consumer’s everyday lives, the industry is thriving. 

APR is set to drive its investment in its beauty device businesses to bolster its development capacity, looking to implement a ‘vertical process’ supply system. 

The company said in a statement: “Through this investment, APR will set a footstone to become a unique company with strong capabilities in innovative beauty device development and product supply.”

Medical aesthetic products refer to a category of products used in the field of medical aesthetics, which combines medical practices with cosmetic procedures to improve the appearance of individuals. These products are typically used under the supervision of trained medical professionals such as dermatologists, plastic surgeons, or specialized nurses. They are distinct from over-the-counter cosmetics in that they often contain higher concentrations of active ingredients or require medical expertise for their application.

Examples of medical aesthetic products include:

• Dermal Fillers: Injectable substances used to restore volume, fill wrinkles, and enhance facial contours. These may include hyaluronic acid fillers like Juvederm or collagen-stimulating fillers like Sculptra.

• Botulinum Toxin (Botox): Injectable neurotoxins used to temporarily paralyze facial muscles, reducing the appearance of wrinkles and fine lines caused by facial expressions.

• Chemical Peels: Solutions containing chemical exfoliants like glycolic acid, salicylic acid, or trichloroacetic acid, used to improve skin texture, treat acne scars, and reduce hyperpigmentation.

• Laser and Light Devices: Equipment used for various skin treatments, including hair removal, skin resurfacing, tattoo removal, and treatment of vascular and pigmented lesions.

• Prescription Skincare Products: Formulations containing active ingredients such as retinoids (e.g., tretinoin), hydroquinone, or prescription-strength antioxidants, designed to address specific dermatological concerns under medical supervision.

• Microneedling Devices: Devices that create tiny punctures in the skin to stimulate collagen production and improve skin texture and elasticity.

• Cosmeceuticals: High-quality skincare products that bridge the gap between cosmetics and pharmaceuticals, often containing biologically active ingredients with proven efficacy.