To meet the growing demand from the cosmetic and pharmaceutical industries for performance and naturalness, Seppic is partnering with Botalys, a Belgian start-up specialized in the cultivation of rare and medicinal plants. The research partnership will focus on the co-development of new ingredients as well as distribution contracts in various markets and geographies for Botalys’ Ginseng-based products.
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Botalys has reportedly developed a vertical farming technology to produce ultrapure and efficient botanical ingredients. The company supplies these ingredients and medicinal plants to multiple clients and partners in the cosmetics, dietary supplements and pharmaceutical industries.
Hannes Moeller, CEO of Seppic, stated: "We are very pleased with this new partnership with Botalys. This agreement is fully in line with our corporate strategy to develop natural ingredients based on innovative technologies and to distribute exclusive ingredients for the cosmetics and dietary supplements markets while strengthening our position in the development of new supply chains."
Pierre-Antoine Mariage, CEO of Botalys, added: "This partnership with Seppic thrills the Botalys teams. Our patented and innovative precision farming technology addresses the need for purity, efficacy and security of supply of many rare medicinal plants. This scientific and commercial partnership outlines the huge potential of this technology for the nutraceutical and cosmetic industry."
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