Ceapro Raw Materials Award

Ceapro Inc, a Canadian biotechnology company that develops and commercializes active ingredients from oats and other renewable plant resources for both healthcare and cosmetic use, won the Most Innovative Raw Material Award at the 2018 Cosmetics 360 Salon in Paris for its chemical complex, beta glucan-Co enzyme Q10 (“CoQ10-BG complex”).

JuventeDC, is Ceapro’s proprietary line of cosmeceutical products that uses the Company’s active ingredients beta glucan and avenanthramides. Beta glucan is a water-soluble polysaccharide extracted from GMO-free oat (Avena Sativa). The polysaccharide works as a transdermal agent that may enhance the skin’s capacity to absorb active ingredients and may optimize antioxidant potential.

“We are pleased to receive this noteworthy award from the Cosmetic 360® committee for the first-ever developed CoQ10-BG water soluble complex. I would like to thank both the organizers as well as our R&D team who have worked diligently over the past 4 years to develop and progress this new chemical complex with our disruptive enabling PGX technology,” commented Gilles Gagnon, M.Sc., MBA, President and CEO of Ceapro in a company press release.

The winners of this competition were chosen by a jury of leading cosmetics industry journalists, who made their decisions based on project novelty and showcasing of the innovations. The criteria for the Raw Materials category, which Ceapro was awarded, include: added value for the fragrance and cosmetic industry, relevance of the innovation for the market, and benefits to consumers.

The Cosmetic 360 Awards recognize the best innovations presented by exhibitors in each of six specialized categories including: Formulation, OEM & Laboratory equipment, Packaging & Manufacturing equipment, Raw Materials, Retail & Brands, Support functions for cosmetic industry, and Testing & Analysis.