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Globally recognized Korean skincare brand strengthens its scientific leadership with veteran cosmetics R&D expert Alan Meyers.
NEW YORK, May 18, 2026 /PRNewswire/ -- Dr.Althea, the rapidly growing Korean skincare brand known for its viral 345 Relief Cream and barrier-focused skincare for sensitive skin, announced the appointment of Alan Meyers as Executive Scientific Advisor. The appointment strengthens Dr.Althea's position as a science-backed K-beauty brand focused on skin barrier health, sensitive skin solutions, and clinically informed skincare innovation.
With more than 40 years of experience in cosmetic research and development, Meyers is widely recognized as a leading expert in skincare formulation, cosmetic science, product development, and beauty innovation. Throughout his career, he has led research and development initiatives at major global beauty companies, including L'Oréal USA and Revlon, helping develop advanced skincare technologies, high-performance skincare formulations, and consumer-focused beauty products.
As Executive Scientific Advisor, Meyers will provide strategic scientific leadership to support Dr.Althea's continued expansion in the global skincare market. His work will focus on advancing dermatologist-inspired skincare formulations that support the skin barrier and address the evolving needs of consumers with sensitive, reactive, acne-prone, and compromised skin.
Meyers has already played a key role in the reformulation of Dr.Althea's best-selling 345 Relief Cream and 147 Barrier Cream. The updated formulations were developed using gentle, yet effective ingredients specifically selected for highly sensitive skin, acne-prone skin, and skin susceptible to fungal acne. The reformulations further reinforce Dr.Althea's commitment to non-irritating skincare, barrier repair, hydration, and long-term skin health.
"When you've worked in the beauty industry as long as I have, you see trends come and go," said Meyers. "Dr.Althea stands out because of its science-first approach to skincare, especially its commitment to developing effective products for sensitive skin without compromising ingredient integrity or skin compatibility."
Driven by rising global demand for Korean skincare and skin barrier-focused beauty products, Dr.Althea has experienced rapid international growth. The company reported a six-fold increase in annual sales revenue last year and achieved record Q1 sales of KRW 192 billion. Dr.Althea projects annual revenue will exceed KRW 700 billion by the end of 2026, positioning the brand among the fastest-growing K-beauty skincare companies worldwide.
Dr.Althea's hero product, the 345 Relief Cream, has surpassed 26 million units sold globally, fueled by strong consumer loyalty and high repurchase rates. The product has become especially popular among consumers seeking soothing skincare for redness, irritation, damaged skin barriers, and sensitive skin concerns.
With Meyers joining its Scientific Advisory Board, Dr.Althea continues to expand its leadership in the global K-beauty and derma skincare categories through ongoing scientific research, formulation innovation, and consumer-centered product development. Rooted in dermatological science and clean skincare principles, the brand aims to redefine long-term skin health by focusing on skin resilience, barrier support, and clinically minded skincare solutions.
"Dr.Althea is just getting started," Meyers added.
About Dr.Althea
Founded in 2014, Dr.Althea is a Korean derma skincare brand specializing in skincare for sensitive skin, compromised skin barriers, and irritation-prone skin. The brand has rapidly emerged as one of the fastest-growing names in global K-beauty.
Known for its clean, gentle, and dermatologist-inspired skincare formulations, Dr.Althea combines skin-soothing ingredients with advanced Korean skincare innovation to create effective products for sensitive and acne-prone skin types.
The brand gained international recognition through its bestselling 345 Relief Cream, which has surpassed 26 million units sold worldwide and achieved cult-favorite status among skincare consumers, beauty influencers, and K-beauty enthusiasts globally.
Dr.Althea has also received recognition from major beauty industry awards, including the Marie Claire US Skin Awards, and the Who What Wear UK Next in Beauty Awards.
As global demand for Korean skincare and barrier-repair skincare continues to grow, Dr.Althea is helping shape the future of modern K-beauty through science-backed formulations, clinically minded skincare innovation, and effective solutions for sensitive skin.
To learn more, visit Dr.Althea Global or follow Dr.Althea on Instagram at @dr.altheaglobal and TikTok at @dr.althea_official.
Globally recognized Korean skincare brand strengthens its scientific leadership with veteran cosmetics R&D expert Alan Meyers.
NEW YORK, May 18, 2026 /PRNewswire/ -- Dr.Althea, the rapidly growing Korean skincare brand known for its viral 345 Relief Cream and barrier-focused skincare for sensitive skin, announced the appointment of Alan Meyers as Executive Scientific Advisor. The appointment strengthens Dr.Althea's position as a science-backed K-beauty brand focused on skin barrier health, sensitive skin solutions, and clinically informed skincare innovation.
With more than 40 years of experience in cosmetic research and development, Meyers is widely recognized as a leading expert in skincare formulation, cosmetic science, product development, and beauty innovation. Throughout his career, he has led research and development initiatives at major global beauty companies, including L'Oréal USA and Revlon, helping develop advanced skincare technologies, high-performance skincare formulations, and consumer-focused beauty products.
As Executive Scientific Advisor, Meyers will provide strategic scientific leadership to support Dr.Althea's continued expansion in the global skincare market. His work will focus on advancing dermatologist-inspired skincare formulations that support the skin barrier and address the evolving needs of consumers with sensitive, reactive, acne-prone, and compromised skin.
Meyers has already played a key role in the reformulation of Dr.Althea's best-selling 345 Relief Cream and 147 Barrier Cream. The updated formulations were developed using gentle, yet effective ingredients specifically selected for highly sensitive skin, acne-prone skin, and skin susceptible to fungal acne. The reformulations further reinforce Dr.Althea's commitment to non-irritating skincare, barrier repair, hydration, and long-term skin health.
"When you've worked in the beauty industry as long as I have, you see trends come and go," said Meyers. "Dr.Althea stands out because of its science-first approach to skincare, especially its commitment to developing effective products for sensitive skin without compromising ingredient integrity or skin compatibility."
Driven by rising global demand for Korean skincare and skin barrier-focused beauty products, Dr.Althea has experienced rapid international growth. The company reported a six-fold increase in annual sales revenue last year and achieved record Q1 sales of KRW 192 billion. Dr.Althea projects annual revenue will exceed KRW 700 billion by the end of 2026, positioning the brand among the fastest-growing K-beauty skincare companies worldwide.
Dr.Althea's hero product, the 345 Relief Cream, has surpassed 26 million units sold globally, fueled by strong consumer loyalty and high repurchase rates. The product has become especially popular among consumers seeking soothing skincare for redness, irritation, damaged skin barriers, and sensitive skin concerns.
With Meyers joining its Scientific Advisory Board, Dr.Althea continues to expand its leadership in the global K-beauty and derma skincare categories through ongoing scientific research, formulation innovation, and consumer-centered product development. Rooted in dermatological science and clean skincare principles, the brand aims to redefine long-term skin health by focusing on skin resilience, barrier support, and clinically minded skincare solutions.
"Dr.Althea is just getting started," Meyers added.
About Dr.Althea
Founded in 2014, Dr.Althea is a Korean derma skincare brand specializing in skincare for sensitive skin, compromised skin barriers, and irritation-prone skin. The brand has rapidly emerged as one of the fastest-growing names in global K-beauty.
Known for its clean, gentle, and dermatologist-inspired skincare formulations, Dr.Althea combines skin-soothing ingredients with advanced Korean skincare innovation to create effective products for sensitive and acne-prone skin types.
The brand gained international recognition through its bestselling 345 Relief Cream, which has surpassed 26 million units sold worldwide and achieved cult-favorite status among skincare consumers, beauty influencers, and K-beauty enthusiasts globally.
Dr.Althea has also received recognition from major beauty industry awards, including the Marie Claire US Skin Awards, and the Who What Wear UK Next in Beauty Awards.
As global demand for Korean skincare and barrier-repair skincare continues to grow, Dr.Althea is helping shape the future of modern K-beauty through science-backed formulations, clinically minded skincare innovation, and effective solutions for sensitive skin.
To learn more, visit Dr.Althea Global or follow Dr.Althea on Instagram at @dr.altheaglobal and TikTok at @dr.althea_official.
** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **
Dr.Althea Expands Scientific Leadership With Global Cosmetic Industry Veteran
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Recognized for excellence in executive leadership, financial stewardship and investor relations engagement
SANTA CLARA, Calif. and PUNE, India, May 18, 2026 /PRNewswire/ -- Persistent Systems (BSE: 533179) (NSE: PERSISTENT), a global Digital Engineering and Enterprise Modernization leader, today announced that it has been recognized in the 2026 Extel Asia Executive Team survey, earning the prestigious distinction of 'Most Honored Company' and continuing its strong performance in the survey for the third consecutive year.
The Company earned top rankings across multiple categories in both the pan-Asia and Asia excluding Mainland China results, further reinforcing its growing credibility among the global investment community. Persistent secured the following rankings in Asia, excluding Mainland China, for the Technology, IT Services, Software & AI industry:
- Sandeep Kalra, Chief Executive Officer and Executive Director, ranked first in the Best CEO category (combined, buy side and sell side)
- Persistent's Investor Relations Program ranked first (sell side)
- Vinit Teredesai, Chief Financial Officer and Executive Director, ranked second in the Best CFO category (combined and buy side)
The recognition reflects Persistent's continued focus on strong corporate governance, transparent stakeholder engagement, disciplined execution and sustained business performance. The rankings highlight the Company's strength across key survey parameters such as leadership credibility, communication, financial stewardship, capital allocation, accessibility of senior executives, responsiveness to investors and analysts and consistency and transparency of financial disclosures.
Extel is known for its independent research and rankings on corporate leadership, investor relations programs, governance and financial communications. For over five decades, its surveys have been a benchmark for the global investment community. This year, more than 5,500 institutional investors and analysts evaluated over 2,500 companies and 2,700 executives across Asia. Persistent had also secured top rankings in the 2025 and 2024 editions of the survey.
Sandeep Kalra, Chief Executive Officer and Executive Director, Persistent
"Consistent recognition in the Extel rankings reflects the trust and confidence that investors and analysts continue to place in Persistent. We are grateful for their support and committed to strong governance, disciplined execution and delivering differentiated value to our clients. As the technology landscape continues to evolve, we remain focused on building a resilient, future-ready business that scales with purpose and agility, while driving sustained long-term value for all our stakeholders."
About Persistent
Persistent Systems (BSE: 533179) (NSE: PERSISTENT) is a global services and solutions company delivering AI-led, platform-driven Digital Engineering and Enterprise Modernization to businesses across industries. With over 27,500 employees located in 18 countries, the Company is committed to innovation and client success. Persistent offers a comprehensive suite of services, including software engineering, product development, data and analytics, CX transformation, cloud computing, and intelligent automation. The Company is part of the MSCI India Index and is included in key indices of the National Stock Exchange of India, including the Nifty Midcap 50, Nifty IT, and Nifty MidCap Liquid 15, as well as several on the BSE such as the S&P BSE 100 and S&P BSE SENSEX Next 50. Persistent is also a constituent of the Dow Jones Sustainability World Index. The Company has achieved carbon neutrality, reinforcing its commitment to sustainability and responsible business practices. Persistent has also been named one of America's Greatest Workplaces for Inclusion & Diversity 2025 by Newsweek and Plant A Insights Group. As a participant of the United Nations Global Compact, the Company is committed to aligning strategies and operations with universal principles on human rights, labor, environment, and anti-corruption, as well as take actions that advance societal goals. With 468% growth in brand value since 2020, Persistent is the fastest-growing IT services brand in 'Brand Finance India 100' 2025 Report.
www.persistent.com
Forward-looking and Cautionary Statements
For risks and uncertainties relating to forward-looking statements, please visit persistent.com/flcs
Recognized for excellence in executive leadership, financial stewardship and investor relations engagement
SANTA CLARA, Calif. and PUNE, India, May 18, 2026 /PRNewswire/ -- Persistent Systems (BSE: 533179) (NSE: PERSISTENT), a global Digital Engineering and Enterprise Modernization leader, today announced that it has been recognized in the 2026 Extel Asia Executive Team survey, earning the prestigious distinction of 'Most Honored Company' and continuing its strong performance in the survey for the third consecutive year.
The Company earned top rankings across multiple categories in both the pan-Asia and Asia excluding Mainland China results, further reinforcing its growing credibility among the global investment community. Persistent secured the following rankings in Asia, excluding Mainland China, for the Technology, IT Services, Software & AI industry:
- Sandeep Kalra, Chief Executive Officer and Executive Director, ranked first in the Best CEO category (combined, buy side and sell side)
- Persistent's Investor Relations Program ranked first (sell side)
- Vinit Teredesai, Chief Financial Officer and Executive Director, ranked second in the Best CFO category (combined and buy side)
The recognition reflects Persistent's continued focus on strong corporate governance, transparent stakeholder engagement, disciplined execution and sustained business performance. The rankings highlight the Company's strength across key survey parameters such as leadership credibility, communication, financial stewardship, capital allocation, accessibility of senior executives, responsiveness to investors and analysts and consistency and transparency of financial disclosures.
Extel is known for its independent research and rankings on corporate leadership, investor relations programs, governance and financial communications. For over five decades, its surveys have been a benchmark for the global investment community. This year, more than 5,500 institutional investors and analysts evaluated over 2,500 companies and 2,700 executives across Asia. Persistent had also secured top rankings in the 2025 and 2024 editions of the survey.
Sandeep Kalra, Chief Executive Officer and Executive Director, Persistent
"Consistent recognition in the Extel rankings reflects the trust and confidence that investors and analysts continue to place in Persistent. We are grateful for their support and committed to strong governance, disciplined execution and delivering differentiated value to our clients. As the technology landscape continues to evolve, we remain focused on building a resilient, future-ready business that scales with purpose and agility, while driving sustained long-term value for all our stakeholders."
About Persistent
Persistent Systems (BSE: 533179) (NSE: PERSISTENT) is a global services and solutions company delivering AI-led, platform-driven Digital Engineering and Enterprise Modernization to businesses across industries. With over 27,500 employees located in 18 countries, the Company is committed to innovation and client success. Persistent offers a comprehensive suite of services, including software engineering, product development, data and analytics, CX transformation, cloud computing, and intelligent automation. The Company is part of the MSCI India Index and is included in key indices of the National Stock Exchange of India, including the Nifty Midcap 50, Nifty IT, and Nifty MidCap Liquid 15, as well as several on the BSE such as the S&P BSE 100 and S&P BSE SENSEX Next 50. Persistent is also a constituent of the Dow Jones Sustainability World Index. The Company has achieved carbon neutrality, reinforcing its commitment to sustainability and responsible business practices. Persistent has also been named one of America's Greatest Workplaces for Inclusion & Diversity 2025 by Newsweek and Plant A Insights Group. As a participant of the United Nations Global Compact, the Company is committed to aligning strategies and operations with universal principles on human rights, labor, environment, and anti-corruption, as well as take actions that advance societal goals. With 468% growth in brand value since 2020, Persistent is the fastest-growing IT services brand in 'Brand Finance India 100' 2025 Report.
www.persistent.com
Forward-looking and Cautionary Statements
For risks and uncertainties relating to forward-looking statements, please visit persistent.com/flcs
** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **
Persistent Earns Top Honors for the Third Consecutive Year in Extel's 2026 Asia Executive Team Survey
