EMERYVILLE, Calif.,
May 18, 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 it has obtained
commitments for over 10,000 new doors at retail stores such as
Sephora North America, CVS,
KeHe North America, Loblaws Super
Saver, Rite Aid, Walgreens, Walmart Canada and Wegmans to sell
Amyris clean beauty consumer products. Sales at these retailers are
expected to start over the next two quarters.
A consumer super cycle is accelerating demand for natural,
sustainably sourced, products. Amyris's clean beauty brands are
well positioned to respond to this significant consumer movement
with a leading portfolio of beauty and personal care products.
Amyris is in a unique position among both biotechnology peers
and personal care and beauty companies of being able to combine the
power of its proprietary Lab-to-Market biotechnology platform with
formulating and marketing a leading portfolio of natural,
sustainably sourced, consumer brands consisting of
Biossance®, Pipette®, Rose Inc., JVN,
Terasana, and Costa Brazil.
"The quality, performance and positioning of Amyris's consumer
brands has resulted in significant demand from retailers in
North America focused on offering
the best performing and most sustainable products in the health and
beauty markets to consumers," said John
Melo, President and Chief Executive Officer of Amyris. "Our
biotechnology platform has a proven track record of manufacturing
and commercializing sustainably produced ingredients and consumer
products in greater numbers than any peer in the sector. Our
consumer portfolio is designed for the consumer pull for clean,
sustainable products to deliver great performance for their daily
needs. Our store presence continues to expand, and we are now
experiencing better than pre-COVID sales growth with our retail
store partners while continuing our direct-to-consumer growth."
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
and operate a family of 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 expectation that a consumer
super cycle is accelerating demand for its products and that its
clean beauty brands are well-positioned to respond to this
significant consumer movement. 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 any delays or failures in the successful
placement of products in new stores; potential delays or failures
in development, production, regulatory approval and
commercialization of products, risks related to Amyris's reliance
on third parties (including in the 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.