Press Release |
17 January 2011 |
Syntopix Group plc
("Syntopix" or "the Company")
Syntopix to research biofilms for Beiersdorf AG
Syntopix Group plc (AIM:SYN), the company focused on topical antimicrobial innovations for products in the medicine and consumer healthcare markets, is pleased to announce that it has signed a research agreement with Beiersdorf AG ("Beiersdorf"), an international branded consumer goods company with a focus on skin care. Beiersdorf, which owns skin care brands such as NIVEA and La Prairie, will pay Syntopix a research contract fee to establish and validate screening assays to improve topical antimicrobial efficacy.
Antimicrobial efficacy on skin surfaces is influenced by specific restrictions that affect delivery and bioavailability of actives, for example release from the formulation or skin penetration. Under the terms of the agreement Syntopix will develop new lab-based assays to help examine the effective delivery of active ingredients in order to maximize their bioavailability on skin.
Dr Stephen Jones, CEO of Syntopix, says: "I am delighted to be working with Beiersdorf. Syntopix's wider work on skin disorders and oral health has given our team a deep understanding of factors affecting the topical efficacy of antimicrobials. Our assays will facilitate the development of new antimicrobial strategies to address this important challenge."
Dr. Heiner Max, Head of Research Personal Care of Beiersdorf adds: "As one of the world's leading cosmetics companies, which is involved in the development and manufacture of skin care products, Beiersdorf's expertise is closely aligned with that of Syntopix. Together we are in a strong position to work towards developing unique and effective products."
- Ends -
For further information, please contact:
Syntopix Group plc |
|
Dr Stephen Jones, Chief Executive Officer |
+44 (0)845 125 9204 |
Tom Bannatyne, Chairman |
Zeus Capital Ltd |
|
Alex Clarkson |
Tel: +44(0)161 831 1512 |
Tom Rowley |
www.zeuscapital.co.uk |
XCAP Securities Plc |
|
John Grant |
Tel: +44(0) 207 101 7070 |
David Newton |
www.xcapgroup.co.uk |
Media enquiries:
Abchurch Communications |
|
Sarah Hollins / Simone Elviss / Claire Dickinson |
Tel: +44 (0) 20 7398 7728 |
Notes to editors
About Syntopix Group
Syntopix is a specialised research and development company, focusing on topical antimicrobial innovations for the cosmetic, consumer healthcare and pharmaceutical markets. The Group was founded in 2003 as a spin-out from the University of Leeds by Dr Jon Cove and Dr Anne Eady, two of the world's leading experts in skin microbiology.
Syntopix combines scientific excellence with an understanding of consumer need to identify and develop innovative compounds which have clinical efficacy and proven benefits for the treatment of acne, gingivitis and body odour.
The Group has a robust research pipeline, with a growing library of over 2,700 compounds (with established safety profiles) profiled both individually and in combination for their antimicrobial activity. The Group, which currently has 12 granted UK patent applications, raised £2 million in March 2010, to undertake clinical studies with its lead compounds and to further develop the pipeline.
Syntopix's shareholders include IP Group plc, The Wellcome Trust Limited, The University of Leeds and Ridings Early Growth Investment Company Limited. Syntopix joined the AIM market of the London Stock Exchange in March 2006. For more information, please visit our website at www.syntopix.com.
About Beiersdorf AG
Cosmetics company Beiersdorf AG is based in Hamburg, Germany, and has over 20,000 employees worldwide. Its sales in 2009 amounted to €5.748 billion. The company has been listed on the DAX since December 2008. Beiersdorf's NIVEA is the world's largest skin care brand*. Other names in its successful international brand portfolio include Eucerin, La Prairie, Labello, 8x4 and Hansaplast/Elastoplast. Affiliate tesa SE is one of the world's leading producers of self-adhesive products and system solutions for industry, craft businesses, and consumers. Beiersdorf has more than 125 years of skin care experience and is known for its innovative and high-quality products.
* Source: Euromonitor, Skin and beauty products excluding perfumes and hair color by sales volume, 2009