In 2008, the company broadened its focus to include the development of natural functional ingredients for the food, healthcare and personal care industries. In 2009, Phynova began the development and registration of several new OTC drugs that conform to the EU’s Traditional Medicinal Herbal Products (THMP) Directive.
Since its founding in 2002, Phynova has raised total equity of £11 million, which has been used to develop a product portfolio that includes:
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In 2006, Phynova acquired a 45 percent stake in Botanic Century Company Limited (BCCL), a Beijing based botanical drug development company. The founders hold the remaining 55 percent. BCCL’s management and staff are highly skilled scientists with extensive experience in the development of plant-derived drugs and functional ingredients.
