cosmeceutical
noun
cos·me·ceu·ti·cal ˌkäz-mə-ˈsü-ti-kəl 
: a cosmetic preparation that has pharmaceutical properties
Example Sentences
Recent Examples on the Web The lines between industries such as Big Pharma and Big Food are blurring—witness the growth of nutraceuticals and cosmeceuticals. 
The Economist, 11 July 2019
The Economist, 11 July 2019 Word History
Etymology
cosmetic + pharmaceutical
First Known Use
1985, in the meaning defined above
Medical Definition
cosmeceutical
noun
cos·me·ceu·ti·cal ˌkäz-mə-ˈsüt-i-kəl
: a preparation (as of benzoyl peroxide or retinol) that possesses both cosmetic and pharmaceutical properties