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Industry Update: Modernization of Cosmetics Regulation Act (MoCRA) The Modernization of Cosmetics Regulation Act (MoCRA) was recently passed as part of the Consolidated Appropriations Act of 2023. The act represents a major change for the cosmetics industry, greatly expanding FDA’s regulatory oversight. MoCRA defines “Responsible Person” and “Facility” A “Responsible Person” is the manufacturer, pac by Jacob Carpenter Three companies operating at the nexus of technology and real estate cracked the Fortune 500 for the first time this year, each realizing huge revenue gains that signaled the sector’s arrival on the annual list. But there won’t be much celebrating at this housewarming party for Zillow (No. 424), OpenDoor (No. 425), and