Synthetic biotechnology company Amyris, Inc. (AMRS) in Emeryville, Calif., operates in the clean health and beauty, and flavors and fragrance markets in Europe, North America, Asia, and South America. The company has been enhancing its skincare, hair, mother and baby, and color cosmetics product line and expects to continue expanding its offering throughout 2022 with menopause and Gen-Z beauty brands and by integrating its consumer supply chain. The company reported record consumer and core revenue in its most recent quarter. AMRS’ core revenue came in at$64.80 million, up 68% year-over-year, which included record consumer revenue of $32.20 million, which increased 86% year-over-year.
In January, AMRS and ImmunityBio, a clinical-stage immunotherapy company, completed a joint venture agreement to accelerate the commercialization of a leading next-generation COVID-19 vaccine. The joint venture’s goal is to start delivering the second-generation vaccine in 2022 as soon as practically possible. However, the companies have yet to complete human trials and receive the required regulatory approvals.
