Canadian biotech company enters skin care market.

CANADA: SemBioSys, a Canada-based biotechnology company, has formed a new business unit to serve the personal care industry. The Botaneco business unit will manufacture and market branded lines of high performance, naturally-derived base emulsions and delivery systems used in the development of cosmetics, personal care and prescription topical products.

Botaneco will leverage SemBioSys' proprietary technology, a first in class system that harnesses the naturally occurring and multifunctional benefits of seed oilbodies, to offer a smart alternative to current industry mainstays such as petroleum and other chemically derived products.

The first Botaneco branded product utilizing the SemBioSys technology is slated to be launched in the fourth quarter. This natural emulsion provides an all-in-one system for emulsification, and delivers superior hydration, skin barrier protection and absorption of nutrient rich moisturizers and emollients as well as enhanced performance of skin care actives, according to the company.