Givaudan announced today the strategic partnership with American Draco Natural Products for the development of a new proprietary line of bioactive botanical ingredients for the use in its Active Beauty business.
Draco is headquartered in San Jose, California, is a supplyer of botanical extract ingredients for nutritional supplements, functional foods, OTC, and personal care. The company has developed a proprietary extraction process which allows the delivery of extracts that are distinctive, traceable and sustainable.
The two companies will jointly work on research and development of active botanical ingredients formulated using the principles of traditional Chinese medicine (TCM) These unique ingredients will primarily be used for producing products to improve and enhance skin and hair health.
This new partnership is fully in line with Givaudan’s2020 strategic goals and growing its Active Beauty business. “We are always looking for innovative solutions and Draco brings to us an impressive expertise in effective naturally-derived products. We will enhance these ingredients and make them ideal for our skin and hair care Active Beauty ingredients portfolio,” said Maurizio Volpi, President Fragrance Division at Givaudan.
“We are very excited about this partnership,” said Jerry Wu, President and CEO of Draco.
“With this strategic partnership, we will introduce to the market unique products that have been designed using natural extracts, that follow the principles of traditional Chinese medicine, and that use all the knowledge of modern science, that opens a new world of possibilities,” said Laurent Bourdeau, Head of Givaudan’s Active Beauty business.