Page 16 - HPIC-Magazine (Feb-2021)
P. 16

News from Abroad


        CANNABIS BEAUTY
        Amyris acquiring Terasana brand to offer

        cannabinoid consumer products



           US-based biotech firm specialising                               (cannabidiol) topical applications,
        in natural ingredients, is acquiring                                addressing conditions like dry skin,
        Terasana – a natural skincare brand                                 skin flaking, irritation, redness and
        – to launch a branded clean beau-                                   blemishes.
        ty product focused on sustainably
        sourced natural cannabinoids.  Tera-                                   “We are very pleased with the
        sana is a trademark of  US-based                                    early  clinical  results  demonstrating
        Manhattan Avenue Brands Group. The                                  Amyris CBG benefits including en-
        terms of the deal were not disclosed.                               hanced performance when combined
                                          market  synthetic biology  platform,  with squalane. We are excited to lead
           With its first consumer brand ac-  Amyris has a track record of develop-  the cannabinoid industry with sci-
        quisition, Amyris will offer skincare  ing and producing platform molecules  ence-backed, sustainably and cost-ef-
        applications formulated with natural  from naturally sourced sugarcane and  fectively sourced minor cannabinoids
        cannabinoids that deliver high ef-  a  sustainable  fermentation  produc-  delivering outstanding performance
        ficacy, environmentally sustainable  tion process. Through this platform,  for consumers and our planet,” said
        products direct to consumers.     Amyris  recently  commercialised  a  Mr. John Melo, President and CEO of
                                          clean,  sustainable,  fermentation  Amyris.
           The move will further expand  based CBG (cannabigerol), a non-
        Amyris’ presence in the clean beauty  psychoactive cannabinoid.        “During the fourth quarter of 2020
        space beyond its Biossance skincare,                                we sold out our entire first indus-
        Pipette baby and mother care, Rose   Early results from clinical studies  trial production of clean CBG as an
        Inc clean cosmetics brand and re-  demonstrate that Amyris CBG skin-  ingredient for use in flavours and fra-
        cently announced Jonathan Van Ness  care applications formulated with  grances. We are very optimistic about
        partnership for a new clean haircare  natural sugarcane based  Neossance  the future of clean cannabinoids and
        brand.                            squalane provide significantly bet-  the efficacy they can bring to skincare
                                          ter therapeutic effect and efficacy  as a logical extension to our existing
           Enabled by its proprietary lab-to-  compared to many standard CBD  consumer portfolio,” he added.
        France enables export of non-                                        Ashland hikes

        animal tested cosmetics to China
                                                                             prices of
           France is set to become the first   challenge and are now in a position
        country in the European Union to ex-  to issue this document, ahead of   hydroxyethyl
        port  cosmetics  to China  without  re-  their European equivalents. “We are
        course to animal testing, according to   delighted with this progress, which   cellulose
        a report published by France’s beauty   rewards several years of efforts made
        business association (FEBEA).     with the Chinese authorities. The     US-based Ashland is increas-
                                          cosmetics  sector is the only one to   ing prices on all grades of hydroxy-
           China has agreed to drop its ani-  have completely banned animal test-  ethyl  cellulose (HEC,  HMHEC)
        mal testing requirement for imported   ing in Europe, and we are happy to   sold into specific industrial and
        cosmetics as long as manufacturers   continue to develop regulations in   personal care markets by a mini-
        can provide a certificate of conformity    other parts of the world. This agree-  mum 5%, depending on grade.
        confirming that the product com-  ment will also allow French cosmetic   The increase applies globally
        plies with various manufacturing and   companies to export under new con-  and is effective from February 15,
        product safety standards. The French   ditions to China,” said Mr. Patrick   2021.
        health authorities have risen to the   O’Quin, FEBEA’s President.
        16                                            Home, Personal & Institutional Care India  February 2021
   11   12   13   14   15   16   17   18   19   20   21