Draco Natural Products, Inc., a leading manufacturer of innovative bioactive natural ingredients headquartered here in San Jose, CA, announces the formation of a strategic partnership with Swiss flavor giant Givaudan for the development of a new proprietary line of bioactive botanical ingredients.
Draco specializes in the manufacture of full spectrum standardized extract ingredients made from herbs, fruits, vegetables and mushrooms, and is well known for its expertise in creating formulas using the principles of traditional Chinese medicine (TCM) combined with modern science. Its ingredients are popular in products ranging from dietary supplements and functional foods and beverages to skin and hair care. Started in France in 1895 as a perfumery, Givaudan is the world’s largest flavor and fragrance company, with $4.7 billion in sales and more than 10,000 employees worldwide.
Under the new strategic partnership, the two companies will jointly work on research and development of the new proprietary product line. It will develop functional botanical ingredients featuring TCM principles. These unique ingredients will primarily be used for producing topical products to improve and enhance skin and hair health.
“We are very excited about this partnership,” said Jerry Wu, president and CEO of Draco. “Givaudan is a top notch company with a long history of innovating in fragrances and cosmetics, and our combined expertise will allow us to bring natural solutions for customers’ brands.”
“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,” added Laurent Bourdeau, head of Givaudan’s Active Beauty business. “It is a very exciting moment for us as it opens a new world of possibilities.”