Givaudan announces long-term collaboration with Amyris in active cosmetic ingredients
Givaudan today announced a newly expanded collaboration with the industrial bioscience company Amyris, Inc. in the research, development and production of active cosmetic ingredients. The companies anticipate that the launch of target products in the coming years will demonstrate significant performance, cost and sustainability advantages over existing ingredients.
Givaudan has been engaged in the research and development of proprietary fragrance ingredients with Amyris for several years. The expansion of the partnership leverages the diversity and value of Amyris’ R&D platform and manufacturing capabilities for designing high-performance, cultured ingredients. During the multi-year collaboration, Amyris will use its strain engineering platform to design cosmetic active targets, and scale them up at its manufacturing facility in Brotas, Brazil for exclusive commercialisation by Givaudan.
“We are very pleased to expand our ongoing partnership with Amyris. As Givaudan continues to look for innovative and sustainable solutions, we are expanding the relationship to apply Amyris’ technology to the new field of active cosmetic ingredients,” said Maurizio Volpi, President of Givaudan’s Fragrance Division. “This partnership demonstrates three concrete steps fully in line with our 2020 strategy: First, Open Innovation, by leveraging external partnerships; second, Sustainability, by looking at different ways to source raw materials; and third, Active Beauty, a growing area of investment for Givaudan.”
“We are excited to be working with Givaudan to provide innovative, sustainable and cost-effective solutions for active cosmetic ingredients. We are very pleased with Givaudan’s commitment to innovation and its leadership in delivering breakthrough in active cosmetics,” said John Melo, Amyris President and Chief Executive Officer. “The collaboration validates, once again, our belief that Amyris offers its customers the fastest time to market from target identification to production of multiple tonnes of high quality ingredients via its disruptive approach towards meeting partners’ requirements. We are making our planet better, delivering consumers cultured ingredients that are better for them while improving our partners’ business performance.”
About Givaudan
Givaudan is the global leader in the creation of flavours and fragrances. In close collaboration with food, beverage, consumer product and fragrance partners, Givaudan develops tastes and scents that delight consumers the world over. With a passion to understand consumers’ preferences and a relentless drive to innovate, Givaudan is at the forefront of creating flavours and fragrances that ‘engage your senses’. The Company achieved sales of CHF 4.4 billion in 2015. Headquartered in Switzerland with local presence in over 80 locations, the Company has more than 9,500 employees worldwide. Givaudan invites you to discover more at www.givaudan.com.
About Givaudan Active Beauty
Givaudan Active Beauty offers an extensive portfolio of innovative active cosmetic ingredients designed to bring beauty to the world. Inspired by the beauty needs of consumers worldwide, Active Beauty offers award-winning products for an expanded range of benefits including anti-ageing, self-tanning, soothing, hydrating, cooling, and more. Our cutting-edge technologies draw on science and nature to create high-performing molecules and functional agents, including customised carrier systems. Part of the Fragrance Division, Active Beauty leads the market in crafting innovative products supported by our strong expertise in advanced and applied sciences. We invite you to ‘engage your senses’ and learn more about Active Beauty at www.givaudan.com/activebeauty.
For further information please contact
Peter Wullschleger, Givaudan Media and Investor Relations
T +41 22 780 9093
E peter_b.wullschleger@givaudan.com