00:08This is Yolande von Haal from Nutrition Insights.

00:10I'm here at CPHI in Milan, Italy with Michael Black, who is the head of sales in pharma at Veneo.

00:17Thank you for joining us today.

00:19I wanted to ask you, what are you featuring, what innovations are you featuring at CHI this year?

00:24OK, we're here talking about our, excipient gallon IQ which we say is, Water soluble filler binder, which makes medicines and nutraceuticals taste better.

00:38Awesome.

00:39And what market or industry trends does that product respond to?

00:44We see that there's quite a strong trend in the area of plant-based recipients.

00:51So gallon IQ, our product, Isomalt is actually made from sugar beet.

00:58From sugar from sugar beets, so sugar beet is a renewable plant source and therefore we see that our product fits to this trend.

01:07Awesome.

01:08And can you also explain a little bit about what is driving innovation in nutraceuticals at Veo at the moment?

01:16In nutraceuticals there's quite a lot of interest in plant extracts, and plant extracts have certain active ingredient properties.

01:26And there's a lot of interest, you find quite a lot of these are put into capsule products, but there's also an interest that they should be in tablets or capsules.

01:37And so gallon IQ has very good compression characteristics, which means that also these difficult plant extracts can also be put into tablet formulations using the gallon IQ easily, and also that the plant extracts generally have, Poor tastes, by mixing them with the gallon IQ, you get a better taste profile, so it makes it actually taste better.

02:01Awesome.

02:02Can you, do you have some examples that you can discuss or show us?

02:05Yeah, we have here some examples which are just placebo products, but these are chewable tablets with gallon IQ 721, and here you can see they have a nice green color which is due to the.

02:24Apple flavored taste that we have.

02:27So we have generally formulation examples which are available to give to customers using different plant extracts to make tablets.

02:38OK.

02:39And if we look at the nutraceuticals industry, what kind of opportunities?

02:43Or challenges do you see for that industry?

02:46I see that I think there will be continuing interest to develop more and more plant extracts because Ayurveda and natural products, all these things are playing an important role.

03:04And again, the technology remains the same.

03:06Usually these extracts are quite difficult to compress into tablets because they are soft, they don't have the right compression characteristics.

03:17So mixing them together with Galin IQ will bring advantages to those manufacturers.

03:22So I see that definitely as a trend, and also we see there are trends regarding, you know, using less excipients.

03:34In order to get clean labels and this kind of thing, so I see by using Galon IQ you'll also have advantages in being able to reduce the total number of recipients in a formulation.

03:46Awesome.

03:46And a final question, what will be Veno's focus areas over the coming years?

03:51We have some new exciting research and development information where we actually see that certain grades of gallon IQ can be used as water soluble binders for wet granulation processes.

04:07So we have some exciting new information using Continuous manufacturing line and using gallon IQ as a binder, and we'll be presenting that information in the coming months with perhaps a publication or a, a poster at a scientific congress, and I see there are a lot of advantages in the future to have a plant-based excipient for binding solutions which doesn't contain, Peroxides, for instance, and therefore can be used more versatile for a lot of active ingredients.

04:46Awesome, thank you so much.

04:48Thank you.