EMERYVILLE, Calif.,
Feb. 24, 2021 /PRNewswire/
-- Amyris, Inc. (Nasdaq: AMRS), a leading synthetic
biotechnology company active in the Clean Health and Beauty markets
through its consumer brands and a top supplier of sustainable and
natural ingredients, today announced that its
Pipette® clean baby care brand will
expand its brick and mortar retail presence in more than 600 Target
stores across North America
beginning in March 2021.
Since launching in 2019, Pipette clean baby, mother and family
products have experienced significant growth as consumers demand
for clean, sustainably sourced products has accelerated. In
particular, Pipette has gained significant traction among
Millennial consumers, who are more focused on clean ingredients and
prioritize safety. Of the 75 million Millennials in the U.S.,
approximately 40 million are parents.
Pipette is 100% nontoxic, hypoallergenic, dermatologist and
ophthalmologist tested, and pediatrician backed as well as EWG
verified™, meaning its formulation meets the highest
standards of health, safety and wellness.
Enabled by its proprietary Lab-to-Market synthetic biology
platform, Amyris has a track record of developing and producing
ingredients from naturally sourced sugarcane and a sustainable
fermentation process to formulate its current clean beauty brands,
Pipette and Biossance.
Pipette products are currently available in several retail
channels, including Nordstrom, Buy Buy Baby, Amazon.com,
Walmart.com and Target.com, and will now be sold in Target stores
nationwide.
"We are very excited to partner with Target to make our products
available in Target stores throughout North America. This builds on the current
pipettebaby.com ecommerce momentum with year-to-date retail sales
trending over 8x the same period of 2020," said John Melo, President and Chief Executive Officer
of Amyris. "Consumers are demanding natural, sustainably sourced
personal care products. Pipette, along with the rest of our Amyris
consumer portfolio, is meeting this demand and offering our
consumers clean, best performing products that are also good for
our planet. Amyris's consumer business is nearly half of total
product revenue and represents the fastest growing business
activity in our portfolio. We provide the science to lead the
beauty industry toward a sustainable and clean future."
About Amyris
Amyris (Nasdaq: AMRS) is a science
and technology leader in the research, development and production
of sustainable ingredients for the Clean Health & Beauty and
Flavors & Fragrances markets. Amyris uses an impressive array
of exclusive technologies, including state-of-the-art machine
learning, robotics and artificial intelligence. Our ingredients are
included in over 3,000 products from the world's top brands,
reaching more than 200 million consumers. Amyris is proud to own
three consumer brands - all built around its No Compromise® promise
of clean ingredients: Biossance® clean
beauty skincare, Pipette® clean baby
skincare and Purecane™, a zero-calorie sweetener naturally derived
from sugarcane. For more information, please visit
www.amyris.com.
Forward-Looking Statements
This release contains forward-looking statements, and any
statements other than statements of historical fact could be deemed
to be forward-looking statements. These forward-looking statements
include, among other things, statements regarding Amyris's planned
launch of its Pipette brand in Target stores and the timing
thereof; and the expectation that Amyris will meet growing consumer
demand for clean baby skincare products and lead the beauty
industry toward a sustainable and clean future. These statements
are based on management's current expectations and actual results
and future events may differ materially due to risks and
uncertainties, including risks related to successfully launching
and commercializing products, including in digital and retail
channels, risks related to Amyris's reliance on third parties
(including in supply chain), Amyris's liquidity and ability to fund
operating and capital expenses, and other risks detailed from time
to time in filings Amyris makes with the Securities and Exchange
Commission, including Annual Reports on Form 10-K, Quarterly
Reports on Form 10-Q and Current Reports on Form 8-K. Amyris
disclaims any obligation to update information contained in these
forward-looking statements, whether as a result of new information,
future events, or otherwise.
Amyris, the Amyris logo, No Compromise, Biossance, Pipette, and
Purecane are trademarks or registered trademarks of Amyris, Inc. in
the U.S. and/or other countries.
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SOURCE Amyris, Inc.