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AMM 135: Golden Ticket Innovation with Allergan Aesthetics
July 11, 2024
Listeners will get an inside look at the Golden Ticket startup competition, an initiative by Allergan Aesthetics supporting early-stage aesthetics startups. The podcast discusses the unique benefits offered to the winning startup, including a one-year lab bench at University Lab Partners, mentorship from industry leaders, and access to advanced facilities. Chinmay Kanuga from Allergan Aesthetics provides insights into the competition’s goals and criteria, emphasizing the importance of credible science and addressing unmet needs. Past initiatives like Project Accelerate and the DREAM initiative underscore Allergan’s commitment to fostering innovation and equity in the aesthetics field. This episode offers valuable information for entrepreneurs and those interested in the latest developments in aesthetic medicine.
Quick Takes
- Allergan Aesthetics is hosting the Golden Ticket startup competition to support early-stage aesthetics startups with innovative ideas.
- The winning startup will receive a one-year lab bench, mentorship, and access to top-notch facilities at University Lab Partners (ULP) to foster innovation in aesthetics.
- The competition focuses on supporting startups addressing unmet needs with credible science behind their concepts and emphasizes the importance of feedback and mentorship in the process.
Episode Transcript
Hey there, it’s July 11, 2024. Today, I’m talking about an exciting initiative that’s back for another year: the Golden Ticket startup competition, hosted by Allergan Aesthetics. This competition supports early-stage aesthetics startups with an opportunity to pitch their innovative ideas and potentially receive some great rewards.
Allergan Aesthetics, in partnership with University Lab Partners (ULP), is offering the winning startup a one-year lab bench, mentorship from industry leaders, and access to top-notch facilities at ULP. It’s a solid package aimed at fostering innovation in the aesthetics field.
Chinmay Kanuga, who heads search, evaluation, and S&E operations at Allergan Aesthetics, explains that the goal is to support promising new companies with strong science and effective treatments. He emphasizes that the competition prioritizes startups addressing unmet needs and with credible science behind their concepts.
Last year’s competition showed that successful startups often focus on solving specific problems from an aesthetics perspective and are open to feedback and mentorship. This aligns well with Allergan’s broader mission. Last year, for example, they supported Project Accelerate to advance women’s careers in STEM, and the year before, they worked on the DREAM initiative to promote racial equity in aesthetic medicine.
So, whether you’re an entrepreneur with a groundbreaking idea or just interested in the latest in aesthetic innovation, the Golden Ticket competition is a significant event to watch. That’s it for today, and I’ll see you next time.
