BASF Invests in US-Based Technology Start-Up 3Helix

Personal Care BASF Invests in US-Based Technology Start-Up 3Helix

2023-11-06 Source: Press release BASF 1 min Reading Time

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BASF has partnered with 3Helix for its proprietary CHP technology. Under the terms of the agreement, BASF will be given the exclusive rights to commercialize CHP solutions for the personal care field.

The partnership involves an equity investment and licensing agreement, granting BASF exclusive rights to commercialize CHP solutions for the personal care field.(Source: BASF) — The partnership involves an equity investment and licensing agreement, granting BASF exclusive rights to commercialize CHP solutions for the personal care field.
(Source: BASF)

Ludwigshafen/Germany – BASF and 3Helix, a U.S.-based technology start-up, recently announced their innovation partnership on 3Helix’s proprietary CHP technology. The partnership involves an equity investment and licensing agreement, granting BASF exclusive rights to commercialize CHP solutions for the personal care field.

3Helix's patented CHP technology is based on short, single-stranded collagen-like peptides that have the unique ability to bind to damaged and denatured collagen, enabling extraordinary anti-aging claims.

The partnership comes after research and development work by 3Helix, which has seen their CHP technology quickly progress from laboratory scale to pilot stage. Recognizing the immense potential of this technology, BASF plans to bring it in-house and aims to launch initial CHP solutions in 2025.

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Since its establishment in 2015, 3Helix has focused on developing an innovative technology platform to target damaged collagen for various applications, including personal care.

“With this partnership, BASF continues to demonstrate our investment in open innovation and expand our innovative offerings to our customers,” said Dr. Marina Safont Sempere, Director of New Business Models & Digital Officer, Care Chemicals at BASF. “3Helix’s results from laboratory trials are very encouraging and show the potential of this new innovation for the personal care market.”

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