Dr Jino Park, founder and CEO of P&K Skin Research Centre, offers his assessment of the success of the Korean pharmaceutical industry, and the potential cosmetic products of the future. Dr Park also explains the added value P&K’s testing services bring to cosmetics producers.

As the founder of P&K Skin Research Centre, where was the gap in the market that gave you the idea to establish the organisation?

I began my career as a medical doctor having studied medicine. Following this, I took charge of Daebong LS, a company conducting research on raw materials for cosmetics and medicine. I am still the CEO of Daebong LS. Through my research on raw materials, I envisioned that there would be regulation or test guidelines for functional cosmetic products in the future. There were three reasons for this assumption: first, because the consumers were becoming more aware of cosmetic functions and safety. Secondly, more information is available to consumers regarding cosmetic products. Lastly, I thought there would be changes in related regulations and the market. For example, having scientific proof to advertise that a certain item has a certain function might become necessary in the future. That is why I decided to set up a research centre where it conducts necessary tests for the yet-to-come regulations. Consequently, I made the decision eight years ago to establish P&K Skincare Research Centre.

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