Philosophy, which is a Coty brand, has entered into an agreement with the Australian-based company, OBJ Limited. Philosophy is exploring the possibility of developing and manufacturing OBJ's patented eSkin system, which is an innovative drug delivery technology.
OBJ Limited specializes in magnetic drug delivery technologies. The company's technology allows products to penetrate the skin using a device, such as a patch or wand.
Philosophy plans to collaborate with OBJ to develop and manufacture eSkin systems with the proprietary delivery fields necessary to control a number of key ingredients. OBJ says that its eSkin innovation significantly adds to the skin's overall strength.