The objective of this contract is to increase the volume, range and scope of protein interactions studies that Hybrigenics has been performing for L’Oreal in the past six years. The first orders under this agreement amount to €390,000 for the second half of 2010.

"The world leader in the cosmetics industry, L’Oréal, has once again placed its trust in Hybrigenics’ functional proteomics expertise and plans to use the full range of technologies offered by Hybrigenics Services", said Etienne Formstecher, Hybrigenics Services’ Head of Marketing, Sales & Project Management.

"This master agreement is an example of how Hybrigenics is designing its service activities to foster future revenue growth", added Remi Delansorne, Hybrigenics SA’ s CEO.