Outlook 2024
Annual Industry Ranking And Forecast
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Views from industry leaders and experts on the biggest trends, challenges and opportunities facing consumer health in the new year.
The Association of the European Self-Care Industry gives EU regulators a to-do list of targeted reforms to save the Medical Devices Regulation from the scrapheap.
Compliance functions will be moved to the product centers when ORA becomes the Office of Inspections and Investigations, and centers will become responsible for making the final agency decision on inspection classifications, Associate Commissioner Michael Rogers said.
Without additional funding, FDA’s ORA faces challenges in retaining and hiring staff, which will impact inspections, says office chief Michael Rogers.
Cataloging materials by category across US states or even internationally, chasing down information from supply partners, and other aspects of extended producer responsibility (EPR) program compliance can be a lot easier in collaboration with a software solutions vendor or other third party, says Michael Washburn, principal at Washburn Consulting.
Direct seller reports Q1 sales up 1% to $1.3bn but net sales off 17.1% from year-ago period to $24.3m. Its distributor ranks jumped so far in 2024, particularly in China, where changes were made in the past year including new company leadership.
The Estee Lauder Companies’ expanding use of artificial intelligence includes an internal-facing generative AI chatbot to help users “efficiently navigate and further leverage ELC's proprietary and extensive database of product and claim data.” Meanwhile, Prose Beauty is leveraging AI to market personalized skin and hair products at scale, and Vagaro to provide salons and spas with “instantly crafting polished communications, such as service and policy descriptions, effective marketing messaging, and more.”
US FDA Commissioner Robert Califf tells Congress that regulators don’t have to know how artificial intelligence works in medicine, but must make very sure it actually does work.
CRN’s request for clarification, as it continues litigating complaint in US District Court for Southern New York, highlights what it contends is vague and overly general language in the legislation passed in October with a 22 April effective date.
Cataloging materials by category across US states or even internationally, chasing down information from supply partners, and other aspects of extended producer responsibility (EPR) program compliance can be a lot easier in collaboration with a software solutions vendor or other third party, says Michael Washburn, principal at Washburn Consulting.
London-based Unilever is resetting targets including virgin plastic reductions and increases in packaging that is recyclable, reusable or compostable. Based on a report last year from the Ellen MacArthur Foundation on industry progress against goals to reduce plastic waste, Unilever will not be alone in having to recalibrate.
Thousands of companies operating within the EU will soon be required to identify across their whole supply chain any adverse impact on the environment and human rights. Failure to do so could mean fines of up to 5% of worldwide net sales.
Companies considered producers of single-use packaging in Oregon, Colorado and California must register with Circular Action Alliance, the leading (and currently only) producer responsibility organization, by 1 July 2024 under new state recycling laws.
CRN’s request for clarification, as it continues litigating complaint in US District Court for Southern New York, highlights what it contends is vague and overly general language in the legislation passed in October with a 22 April effective date.
“Consumers are rewriting the rules when it comes to where they are going for information and the type of information they are looking for,” reports Kaizo’s Anita Nahal, speaking to HBW Insight’s Over the Counter podcast about the agency’s latest Communicating Health Messages report. Trust in social media has increased, and personal beliefs and lived experiences are playing a larger role in shaping attitudes to health information, explains Nahal, who is director at the London-based PR agency. However, consumers are also continuing to “tune-out” from health messages and be less critical of sources. To help consumers navigate this new reality, consumer health companies need to adapt, rethink and reset their communication strategies, Nahal advises.
There’s no simple answer to the question of how to make medicines packaging sustainable, says international recycling consultancy and Veolia Group subsidiary Circpack. “Manufacturers need to assess what works best for them, and recyclers will do the same,” Circpack analyst and circular packaging expert Filipe Vieira de Castro tells HBW Insight in this exclusive Q&A. “The best thing we can all do is put effort into finding common ground between systems, which comes down to better understanding the complexities between them.”
Women’s Voices for the Earth continues to call attention to cosmetic ingredients’ potential health impacts on users including salon workers, while pushing the Cosmetic Ingredient Review to consider a wider variety of safety information in its assessment work.
On the wings of innovation and a new host of influencers, Coty says CoverGirl ranked number three in the US in earned media value among its peer set in the third quarter ended 31 March, versus sixth in the same period last year. CEO Sue Nabi had more to say about the firm’s social media “step-changing” in her remarks on Q3 results.
Perrigo spares little about Opill’s launch, advertising and outlook in Q1 earnings briefing, but management also makes clear it’s a large firm and some other segments of its global consumer health products business are holding back overall results.
Along with latest results, Kenvue says as its “transitions services agreement” with J&J ends, its board approves reducing global workforce by around 4%. It expects around $275m in pre-tax restructuring costs in both 2024 and 2025 without changes to its capital allocation priorities.
The Association of the European Self-Care Industry gives EU regulators a to-do list of targeted reforms to save the Medical Devices Regulation from the scrapheap.
Compliance functions will be moved to the product centers when ORA becomes the Office of Inspections and Investigations, and centers will become responsible for making the final agency decision on inspection classifications, Associate Commissioner Michael Rogers said.
Without additional funding, FDA’s ORA faces challenges in retaining and hiring staff, which will impact inspections, says office chief Michael Rogers.
Direct seller reports Q1 sales up 1% to $1.3bn but net sales off 17.1% from year-ago period to $24.3m. Its distributor ranks jumped so far in 2024, particularly in China, where changes were made in the past year including new company leadership.
Cataloging materials by category across US states or even internationally, chasing down information from supply partners, and other aspects of extended producer responsibility (EPR) program compliance can be a lot easier in collaboration with a software solutions vendor or other third party, says Michael Washburn, principal at Washburn Consulting.
FDA’s drug center has all but stopped holding meetings at this point, which begs the question: why do they want advice on how to make them better?
FDA seeks feedback at 13 June virtual hearing on three general topics related to advisory committees: panel composition, barriers to service for Special Government Employees, and public perception and understanding of the process.
A round-up of the latest European consumer health appointments: Haleon hires new CFO; Bayer Vital names new chief; Abdi Ibrahim appoints consumer health head.
The Estee Lauder Companies’ expanding use of artificial intelligence includes an internal-facing generative AI chatbot to help users “efficiently navigate and further leverage ELC's proprietary and extensive database of product and claim data.” Meanwhile, Prose Beauty is leveraging AI to market personalized skin and hair products at scale, and Vagaro to provide salons and spas with “instantly crafting polished communications, such as service and policy descriptions, effective marketing messaging, and more.”
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