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Wilmington, DE, May 4, 2006

DuPont Chemical Solutions Enterprise and NeoStrata Announce Glypure® L Licensing Agreement

WILMINGTON, Del., May 4, 2006 – DuPont Chemical Solutions Enterprise and NeoStrata Company, Inc. today announced that makers of topical personal care and cosmetic items can now use DuPont™ Glypure® L brand glycolic acid in cosmetic anti-aging and over-the-counter prescription drug applications under a pass-through license from TriStrata, a wholly owned subsidiary of NeoStrata Company, Inc. Claims for these products, based on the inclusion of glycolic acid, are governed by existing TriStrata patents. Financial terms of the licensing agreement were not disclosed.


“Glypure® L makes it easier than ever for formulators and their customers to benefit from the skin-enhancing properties of glycolic acid,” said Stuart Heggie, DuPont market segment leader for Personal Care. “They can operate freely, knowing they are in full compliance with NeoStrata patents - with the purity and quality of DuPont™ Glypure®.”


The pass-through license from TriStrata enables Glypure® L customers to make glycolic acid claims in cosmetic aging and enhanced performance of certain over-the-counter and prescription drug products. TriStrata customers with existing glycolic acid licenses will continue to operate under their existing licenses.


“We are pleased to collaborate with DuPont and increase the ease of using glycolic acid with TriStrata’s patented anti-aging and enhanced therapeutic effects claims,” said Richard Wildnauer, NeoStrata president. “The purchase of Glypure® L allows cosmetic and dermatologic companies without a licensing agreement to begin using glycolic acid in conjunction with the patent-covered claims risk free, and also enables those with an existing licensing agreement to expand outside the scope of their agreement to consider other channels of distribution, as well as combinations with OTC and Rx drug ingredients.”

 

NeoStrata is a research-based dermatological company dedicated to the advancement of skin care and dermatological products. It is the medical community’s internationally recognized leader in developing Alpha-hydroxyacid technology and formulations. Ranked in the top 50 biotechnology firms in New Jersey by NJBIZ, NeoStrata holds 120 patents, many licensed by over 60 pharmaceutical and cosmetic companies.


DuPont is a science company. Founded in 1802, DuPont puts science to work by creating sustainable solutions essential to a better, safer, healthier life for people everywhere. Operating in more than 70 countries, DuPont offers a wide range of innovative products and services for markets including agriculture, nutrition, electronics, communications, safety and protection, home and construction, transportation and apparel.


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5/4/06


The DuPont Oval, DuPont™ and The miracles of science™ and Glypure® L are registered trademarks or trademarks of DuPont or its affiliates.

 

Contacts:
DuPont
Anthony Farina
302-992-2392
anthony.r.farina@usa.dupont.com

NeoStrata Contact
Barbara Green
609-520-0715 ext 309
bgreen@neostrata.com