Following successful clinical trials for its groundbreaking anti-aging and anti-wrinkle molecule, TFC-1326, Sirona Biochem (TSXV:SBM) is pursuing a path to commercialization for a final cosmetic product, according to the company’s chief scientific officer, Géraldine Deliencourt-Godefroy.
“We are still pursuing a final compound to launch on the market, which is pretty good because it will allow us to have a better control on the final product. We can launch fast on the market, we can generate revenue earlier and also the level of revenue will be higher,” Deliencourt-Godefroy said.
Sirona has already trademarked its anti-aging skincare ingredient, GlycoProteMim, as one of the first steps for commercialization. In January of this year, the company also launched a new cosmetics subsidiary, Sirona Laboratories, which is dedicated to maximizing the commercial potential of GlycoProteMim.
“We have completed the process development, and we are now able to scale up (the compound) for any quantity,” explained Deliencourt-Godefroy. She said the company is currently developing a premium formula for the final cosmetic product, and is working with a cosmetic brand designer and other teams needed to build and market the product.
The company plans to launch the product in early 2025, beginning in the US and Canadian markets and eventually introducing it in the European market. The product will be made in France, Deliencourt-Godefroy said.
Watch the full interview with Géraldine Deliencourt-Godefroy, chief scientific officer of Sirona Biochem, above.
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