I am pretty sure that nothing in this list is harmful because it's an ointment for babies so the bayer institute has probably taken great care in testing possible side effects.
After 1 day of use it is too early for me to state anything. i will give a first statement in 1 week time. However i can already say that, because it is not a cream designed for use on lips, it is not the easiest thing to apply....i apply some ointment on my finger and just pat over my lips while taking care not to remove buildups because it is sticky. After it is absorbed by the lips (up to 30minutes) it feels similar to any other ointments.