【AEA 2022 Alumni】
The 500-Dalton rule states that for a substance to be able to cross the skin barrier, it must have a molecular weight of fewer than 500 Daltons. Though there are certain exceptions to this rule, it is generally considered a standard rule of thumb for cosmetic manufacturers. Our innovative technology can overcome this 500-Dalton rule. We find out the super hydrophilic carriers help substances weighing up to 4.5 billion daltons penetrate the skin through the intracellular mechanism. With this technology, we can create an ecosystem of beauty and personal care products with therapeutic properties. Not only that, these products are also aimed at reducing daily water use to preserve clean water for the future. Revenue in the Beauty & Personal Care Vietnamese market amounts to US$2.20 bn in 2022 and grow at a 5.9% compound annual growth rate through 2025. Based on the size of our market and our defined market area, our sales projections for the first year are $30,000. We project a growth rate of 10% per year for the first three years. However, we are planning to change our business model into core technology, formula and materials. With this plan, our revenue is expected to increase 10 times this year.