Agilyx joins the Sustainable Medicines Partnership
YewMaker, the executive lead of the Sustainable Medicines Partnership (SMP), is announcing that Agilyx has joined as a Founding Collaborator. The SMP is a not-for-profit private-public collaboration executing projects to make the use of medicines more sustainable and less wasteful.
Agilyx (Euronext Growth (Oslo): “AGLX”) is a technology company that enables customers to recycle difficult-to-recycle post-use plastics to high value, virgin-equivalent products.
In its collaboration with the SMP, Agilyx will have an initial focus on enhancing medicines packaging sustainability. Roughly one trillion medicine packets are thrown away each year, destined for landfill or incineration even though most could be recycled. Eliminating the single use of these plastics is a priority for the SMP.
“Sustainable Medicines Partnership has an exemplary goal to make medicines more sustainable and equitable. Agilyx is extremely proud to join SMP in its work to reduce waste in medicines packaging,”. “There is a perception out there that packaging like blister packs can’t be recycled, but that is not the case. Our proven technology can create a more sustainable solution for this high-grade medical packaging.” - Tim Stedman, CEO of Agilyx
Agilyx will work with SMP to develop tested, data-driven, scalable solutions to address the factors that have previously made these materials hard to recycle such as the chemical complexity of the plastics involved and the logistical difficulties with collection, sorting and disposal in a highly siloed industry.
“Packaging plays an essential role in ensuring the quality and safety of medicines. Developing circular solutions to reduce single use of plastics in medicines packaging is a key focus of the SMP. We are delighted Agilyx, who are leading innovators in recycling complex plastics, will be working with us.”- Nazneen Rahman, YewMaker CEO, SMP Director.
Contacts:
YewMaker: comms@yewmaker.com
Agilyx: Kate Ringier kate.ringier@agilyx.com
About the Sustainable Medicines Partnership
The SMP is a not-for-profit, private-public, multi-stakeholder collaboration. Through executing priority actions, the Sustainable Medicines Partnership aims to stop the avoidable waste of medicines and medicines packaging - reducing healthcare emissions and increasing health equity globally. Learn more at www.yewmaker.com/smp
About YewMaker
YewMaker builds science-based, scalable, concepts and solutions that make healthcare more sustainable. YewMaker is the initiator and executive lead of the Sustainable Medicines Partnership. Learn more at www.yewmaker.com
About Agilyx
Agilyx is a technology company that enables customers to recycle difficult-to-recycle post-use plastics to high value, virgin-equivalent products. With a focus on diversion and conversion of plastic waste, Agilyx is uniquely positioned with a molecular recycling technology offering and an integrated feedstock solution by way of Cyclyx, an innovative feedstock management consortium of partners that drives up global plastic recycling rates by chemically fingerprinting plastic waste and matching it to appropriate recycling processes. Agilyx was the first to establish a commercial scale closed loop plastic-to-plastic chemical recycling facility and holds over 17 patents. Agilyx conversion technology utilizes pyrolysis without a catalyst and can convert mixed waste plastic to naphtha and fuels or depolymerize specific plastics such as polystyrene and PMMA (acrylic) back into virgin-quality products. Learn more at www.agilyx.com.
