John Keells Holdings PLC signs the first everTechnology Transfer Agreement with 4Ever Skin Naturals

John Keells Research (JKR), the Research & Development and Innovation arm of John Keells Holdings PLC (JKH) signed an agreement with 4Ever Skin Naturals (Pvt) Ltd on March 25 and entered into its first-ever technology licensing agreement. Krishan Balendra Chairman John Keells Group and Chandani Bandara, Founder and Chairperson of 4ever Skin Naturals (Pvt) Ltd. signed on behalf of the respective companies.

JKR operates with the mandate of creating commercially viable intellectual property for not only John Keells Group but alsofor Sri Lanka, and Dr. Muditha Senarath-Yapa Head of JKR together with a team of multidisciplinary scientists work on the four areas of composites, energy storage, biomaterials, and mechatronics.

4Ever Skin Naturals (Pvt) Ltd is one of Sri Lanka’s leading herbal-based cosmetic manufacturing companies, which specialises in products ranging from personal care, healthcare, and safe care that are trusted by both local and international markets.

JKR’s proprietary SilmeticTM technology will be exclusively utilised by 4Ever to develop a range of skin care products with enhanced properties. Silmetic TM is a cosmeceutical and cosmetic additive containing silver nanoparticles developed and trademarked by JKR. The licensed cosmetic product line will be launched under 4Ever’s sub brand, DermaPRO.

SilmeticTMis a technology that is sustainable in terms of both material and energy usage since minute amounts of SilmeticTMcould offerlong lasting effects. It is the goal of John Keells Research to uplift the quality of life through science while contributing towards the advancement of an innovation ecosystem in Sri Lanka.

Krishan Balendra – Chairman - John Keells Group with Chandani Bandara, Chairperson of 4Ever.Standing Behind from left: Chathuri Yatawara - Head of IP, Tech Strategy and Business Development - John Keells Research, Shehara Gunasekera - Assistant Manager- Group Legal of John Keells Group, Dr. Muditha Senarath-Yapa - Head of John Keells Research, Gihan Cooray - Deputy Chairman and Group Finance Director, Daminda Gamlath - President Consumer Foods - John Keells Group, Kanchana Senanayake - Legal Consultant - 4Ever Skin Naturals, Ruwen Liyanagamage - Chief Executive Officer – 4Ever Skin Naturals and Venura Koralagamage - Head of Sales and Marketing – 4Ever Skin Naturals.