Seppic and Botalys have signed a research partnership for the co-development of new cosmetic ingredients, as well as distribution in various markets and regions, for the latter’s ginseng-based products.
Botalys, a Belgian start-up specialized in the cultivation of rare and medicinal plants, has developed a technology of vertical farming, to produce ultrapure and efficient botanical ingredients.
The company supplies ingredients and medicinal plants to a multitude of clients and partners in the cosmetics, dietary supplements and pharmaceutical industries.
To meet the growing demand from the cosmetic and pharmaceutical industries for performance and naturalness, Seppic and Botalys are partnering to offer high purity ingredients to cosmetic and healthcare manufacturers.
"We are very pleased with this new partnership with Botaly,” said Seppic CEO Hannes Moeller.
“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,” he added.
Pierre-Antoine Mariage, CEO of Botalys, said: "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 industries."