TecnoScent is a new company formed as the result of a joint venture agreement between leading fragrance and flavour house Givaudan and ChemCom SA, a leading company in the field of olfactory receptor technology.
The new company will build on ChemCom's proprietary receptor technology and focus on the discovery and development of innovative fragrance ingredients. Givaudan says the partnership will strengthen its sensory innovation and technology platform by creating a unique centre of expertise combining biotechnology and leading fragrance expertise and experience.
Givaudan says is also strengthening its health and wellness initiative by forming a partnership for taste technology development with Redpoint Bio Corp. The aim is to discover and develop novel sweetness and savoury enhancers as well as bitter blocker compounds. The collaboration will also enable Givaudan to use Redpoint Bio's proprietary technologies and to acquire exclusive worldwide rights to any licensed compounds for food and beverage products.