Amyris Announces Breakthrough Clinical Results For Its Clean Formulation Acne Treatment

Rhea-AI Summary

Amyris, Inc. (Nasdaq: AMRS) announced significant results from an early clinical study of its clean topical acne formulation made from fermentation-based ingredients. Conducted by Princeton Consumer Research, the study showed Amyris's formulation performed better than 10 standard acne treatments in terms of efficacy and speed of acne reduction. The global acne treatment market is valued at $11 billion, with increasing demand due to conditions like 'maskne'. Amyris aims to finalize this formulation for consumer launch, potentially positioning itself as a leader in the clean beauty market.

Positive

• Clinical study demonstrates superior efficacy of Amyris's acne formulation compared to 10 standard treatments.
• Potential to lead the clean beauty market with a unique, sustainable formulation.
• The acne treatment market is valued at $11 billion, offering significant growth opportunities.

Negative

• The press release includes forward-looking statements that may not materialize.
• Potential risks related to delays or failures in product development and regulatory approvals.

EMERYVILLE, Calif., Feb. 2, 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 breakthrough results in an early clinical study of Amyris's clean topical formulation of fermentation-based ingredients for the treatment of acne.

In the study which was conducted by Princeton Consumer Research Corp (PCR) - the global specialist in cosmetic testing and clinical trials for world-wide claims substantiation - Amyris's acne formulation, consisting of two of its clean, fermentation-based ingredients, demonstrated superior efficacy compared to 10 other standard acne treatments currently available in the United States. Efficacy was measured in terms of magnitude of acne reduction and the time it takes for such effect.

The global acne treatment market was valued at approximately $11 billion in 2019 according to Allied Market Research. North America accounted for the largest share of revenue in 2019. With China as the biggest market, Asia-Pacific is expected to register the highest growth globally over the next five years. Acne or acne vulgaris is one of the most common skin conditions, affecting up to 50 million Americans annually, including approximately 85 percent of people between the ages of 12 and 24. In addition, due to the wearing of face masks to protect against COVID-19 infection, the incidence of "maskne"-related acne has been rising. Maskne is a skin condition caused by wearing a face mask or other covering, symptoms of which can include acne around the nose, cheeks, mouth and chin.

Enabled by its proprietary Lab-to-Market science platform, Amyris has a track record of developing and producing naturally sourced ingredients. Most current acne treatments are formulated with chemicals. Amyris' unique formulation is the latest discovery of a clean formulation for the beauty market which contains natural and sustainably sourced ingredients that are highly effective while nourishing the skin and doing no harm to the planet.

"We are very pleased with the early clinical results demonstrating the power of our science to address the most common skincare issues," said John Melo, President and Chief Executive Officer of Amyris. "We are working on finalizing our proprietary acne formulation, advancing intellectual property protection, and preparing for an accelerated consumer launch. We are very excited about the potential of becoming a market leader in topical acne treatments with our clean, natural, and sustainably-sourced ingredients. This formulation will further expand Amyris's clean beauty brand leadership combining our science with the best performing products sold direct to the consumer."

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 plans to finalize its proprietary acne formulation, advance intellectual property protection, and prepare for an accelerated consumer launch; and Amyris's expectation of becoming a market leader in topical acne treatments and expanding its presence in the clean beauty space. 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 delays or failures in development, regulatory approval, production 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.

FAQ

What were the results of Amyris's acne treatment clinical study?

The study showed that Amyris's formulation outperformed 10 standard acne treatments in efficacy and speed of acne reduction.

What is the size of the acne treatment market?

The global acne treatment market was valued at approximately $11 billion in 2019.

What are the next steps for Amyris's acne formulation?

Amyris plans to finalize the formulation, advance intellectual property protection, and prepare for an accelerated consumer launch.

What is 'maskne' and why is it relevant to Amyris's acne treatment?

'Maskne' refers to acne caused by wearing face masks, which has increased during the COVID-19 pandemic, driving demand for effective treatments.