A Hamilton health company has sent its first shipment of acne cream to Mexico. Quantec has developed a product called Epiology, which was launched in New Zealand pharmacies in May.
The cream uses an antibacterial and antiinflammatory protein called IDP, a derivative of cow’s milk. Quantec director Dr Rod Claycomb said the product was already in 60 per cent of New Zealand pharmacies.
“So we decided to go global.”
He said the company researched large countries that had similar regulations to New ealand, and Mexico came up. So Quantec went into business with Mexican distributor Fenrir Business Development (FBD). FBD will initially launch Epiology for sale with 25 dermatology specialists in Guadalajara, Mexico’s second-largest city, which has a similar population to New Zealand.
Claycomb said Mexico’s acne product market was worth more than $800 million annually. In the United States, acne is a regulated medical condition, which makes the red tape harder to navigate, but Claycomb said Quantec would jump through the hoops to get there, as well as into Europe and China.
“We’ve definitely got a global road map ahead of us.”