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December 7th, 2005
Abstract:
The beauty products business as a whole is making a big bet on nanotech. L'Oréal, which devotes about $600 million of its annual $17 billion revenues to research, is the industry leader on nanopatents. But rivals such as Procter & Gamble, Estée Lauder (EL) of the U.S., Christian Dior of France, and Japan's Shiseido (SSDOY) also incorporate nanoparticles into their products.
Source:
businessweek.com
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