Novarex "Hair Improvement 'Gijangmil Extract Complex' Approved by MFDS"

Novarex announced on the 30th that its developed 'Korean Millet Extract Complex (Keranat™)' has been recognized by the Ministry of Food and Drug Safety as an individually approved ingredient for improving hair condition.

The company holds a total of 44 individually approved ingredients, including four owned by its subsidiary Novawells, maintaining its position as the company with the most individually approved ingredients in Korea.

Previously, in July 2022, the Ministry of Food and Drug Safety included hair health-related functionality within the scope of health functional foods. With the provision of evaluation criteria for hair health-related functionality, the development of functional ingredients has also become possible.

A Novarex representative stated, “Hair production decreases or damage worsens due to endogenous factors such as aging, stress, and nutritional imbalance, as well as exogenous factors like ultraviolet rays and pollutants. Taking the recognition of the Korean Millet Extract Complex as an individually approved ingredient by the Ministry of Food and Drug Safety as an opportunity, Novarex plans to develop the first domestic hair-related health functional food within this year and present it to consumers.”