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MarketScreener Homepage  >  Equities  >  Nyse  >  Colgate-Palmolive Company    CL

COLGATE-PALMOLIVE COMPANY

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Colgate Palmolive : Laboratory Tests Show Toothpaste and Mouthwash Neutralize 99.9% of the Virus That Causes COVID-19

11/25/2020 | 07:53am EST

NEW YORK- Laboratory studies show that toothpastes containing zinc or stannous and mouthwash formulas with cetylpyridinium chloride (CPC) neutralize the virus that causes COVID-19 by 99.9 percent. The studies are part of a Colgate research program that includes clinical studies among infected people to assess the efficacy of oral care products in reducing the amount of the virus in the mouth, potentially slowing the transmission of the COVID-19 virus.

In the laboratory studies-the first to include toothpaste-Colgate Total and Meridol toothpastes neutralized 99.9% of the virus after two minutes of contact. Colgate Plax and Colgate Total mouthwashes were similarly effective after 30 seconds. The studies, completed in October, were conducted in partnership with Rutgers New Jersey Medical School's (NJMS) Public Health Research Institute and Regional Biosafety Laboratories.

The results suggest that some toothpastes and mouthwashes may help reduce the spread of SARS-CoV-2, the virus that causes COVID-19, by temporarily reducing the amount of virus in the mouth. The virus spreads through respiratory droplets or small particles produced when an infected person coughs, sneezes, sings, talks, or breathes, according to the U.S. Centers for Disease Control and Prevention.

'We're at the early stages of our clinical investigations, but our preliminary laboratory and clinical results are very promising,' said Dr. Maria Ryan, Colgate's Chief Clinical Officer. 'While brushing and rinsing are not a treatment or a way to fully protect an individual from infection, they may help to reduce transmission and slow the spread of the virus, supplementing the benefit we get from wearing masks, social distancing and frequent hand washing.'

Said Dr. David Alland, Chief of Infectious Diseases and Director of the Center for COVID-19 Response and Pandemic Preparedness, who led the Rutgers NJMS study along with colleagues Drs. Pradeep Kumar and Riccardo Russo: 'Given that saliva can contain amounts of virus that are comparable to that found in the nose and throat, it seems likely that SARS-CoV-2 virus originating in the mouth contributes to disease transmission, especially in persons with asymptomatic COVID-19, who are not coughing. This suggests that reducing virus in the mouth could help prevent transmission during the time that oral care products are active.'

Concurrent to the laboratory study, Colgate sponsored a clinical study involving some 50 hospitalized subjects with COVID-19. This study demonstrated the ability of Colgate Total (with CPC and zinc), Colgate Peroxyl, and Colgate PerioGard mouthwashes to substantially reduce the amount of the virus in the mouth temporarily. The researchers plan to share their findings in December. Additional Colgate-supported clinical research studies on toothpaste and mouthwashes are in early stages at Rutgers, the Albert Einstein Institute in Sao Paulo, Brazil, and at the University of North Carolina at Chapel Hill Adams School of Dentistry, with some 260 people with COVID-19 participating in these studies.

'Colgate is collaborating with numerous investigators throughout the globe to conduct clinical research to explore the potential of oral care products to reduce oral viral loads as a risk reduction strategy,' Dr. Ryan said. 'We think oral care has a role to play in fighting the global pandemic, alongside other preventive measures.'

Said Dr. Mark Wolff, Morton Amsterdam Dean of Penn Dental Medicine at the University of Pennsylvania: 'With this pandemic, the more we understand about the virus, the more effective we can be in fighting it, so I am excited to see the impressive research program Colgate has undertaken. We need to continue to take the precautions recommended by health authorities, and with these studies we may demonstrate an additional way to address the transmission of disease among people in close contact, particularly in dental practice. That would be an important advance.'

As the world's #1 trusted dental expert, Colgate is committed to leading in science and to ensuring that its products address health challenges and meet consumers' needs. For more information about the effects of oral hygiene on overall health and additional insights on mask mouth and other topics, visit www.colgate.com.

About Colgate-Palmolive:

Colgate-Palmolive Company is a caring, innovative growth company reimagining a healthier future for all people, their pets and our planet. Focused on Oral Care, Personal Care, Home Care and Pet Nutrition and reaching more than 200 countries and territories, Colgate teams are developing and selling health and hygiene products and pet nutrition offerings essential to society through brands such as Colgate, Palmolive, elmex, meridol, Tom's of Maine, hello, Sorriso, Speed Stick, Softsoap, Irish Spring, Protex, Sanex, Filorga, eltaMD, PCA Skin, Ajax, Axion, Fabuloso, Soupline and Suavitel, as well as Hill's Science Diet and Hill's Prescription Diet. Colgate seeks to deliver sustainable, profitable growth and superior shareholder returns and to provide Colgate people with an innovative and inclusive work environment. Colgate does this by developing and selling products globally that make people's lives healthier and more enjoyable and by embracing its sustainability, diversity, equity and inclusion and social responsibility strategies across the organization. For more information about Colgate's global business, its efforts to improve the oral health of children through its Bright Smiles, Bright Futures program and how the Company is building a future to smile about, visit www.colgatepalmolive.com. CL-C

Thomas DiPiazza

Colgate-Palmolive Company

212-310-2607

Source: Colgate-Palmolive Company

(C) 2020 Electronic News Publishing, source ENP Newswire

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Financials (USD)
Sales 2020 16 308 M - -
Net income 2020 2 675 M - -
Net Debt 2020 6 437 M - -
P/E ratio 2020 25,0x
Yield 2020 2,28%
Capitalization 66 885 M 66 885 M -
EV / Sales 2020 4,50x
EV / Sales 2021 4,30x
Nbr of Employees 34 300
Free-Float 58,2%
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Mean consensus OUTPERFORM
Number of Analysts 22
Average target price 85,27 $
Last Close Price 78,03 $
Spread / Highest target 20,5%
Spread / Average Target 9,28%
Spread / Lowest Target -10,3%
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Managers and Directors
NameTitle
Noel R. Wallace Chairman, President & Chief Executive Officer
Stanley J. Sutula Chief Financial Officer
Michael Crowe Chief Information Officer
Patricia D. Verduin Chief Technology Officer
Rich Cuprys Vice President-Global Research & Development
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