Symrise AG; Symrise: New Biotechnology Partnership In The US - ABN Newswire (press release)(Cosmetics Beauty News)

by Kim on August 19, 2008

Symrise, one of the world's leading suppliers of fragrances, active cosmetic ingredients and flavorings, has acquired a 20 percent stake in the US biotechnology company Therapeutic Peptides Inc. In acquiring a stake in TPI, Symrise gains access to the ultra-innovative group of active ingredients known as peptides, which the company can immediately offer to its customers in the international cosmetics industry. With TPI, we have found a partner who is developing these ingredients at a scientifically exalted level and can offer ample expertise in this field," stated Dr. Exclusive distribution of modern and highly efficient peptides, whose effectiveness is scientifically proven, will enable the company to react to the growing demand from its customers in this field. Symrise is a global supplier of fragrances, flavorings and raw materials and active ingredients for the perfume, cosmetics and food industry. read more

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