Pharma Excipients
No Result
View All Result
  • Login
  • Shop
  • News
    • Specials
      • Excipients for CBD
      • Excipients & 3D Printing
      • Infographics – The overview
      • GMP-certified excipient production sites
      • The Future of TiO2
      • Excipients in the COVID-19 Vaccines
      • BASF PVP-Iodine
      • RegXcellence™
      • BASF Parenteral Excipients
    • World Days – The overview
  • Excipient basics
    • Excipient Solutions for CBD
    • Inorganic Chemicals
      • Calcium Carbonate
      • Calcium Phosphates
      • Calcium Sulfate
      • Halites
      • Metallic Oxides
      • Silica
    • Organic Chemicals
      • Actual Sugars
      • Artificial Sweeteners
      • Carbohydrates
      • Cellulose
      • Cellulose Esters
      • Cellulose Ethers
      • CMC and Croscarmellose Sodium
      • Converted Starch
      • Dried Starch
      • Microcrystalline Cellulose
      • Modified Starch
      • Starch
      • Sugars
      • Sugar Alcohols
    • Petrochemicals
      • Acrylic Polymers
      • Glycols
      • Mineral Hydrocarbons
      • Mineral Oils
      • Mineral Waxes
      • Petrolatum
      • Polyethylene Glycol (PEG)
      • Povidones
      • Propylene Glycol
      • Other Petrochemical Excipients
    • Oleochemicals
      • Fatty Alcohols
      • Glycerin
      • Mineral Stearates
      • Pharmaceutical Oils
      • Other Oleochemical Excipients
    • Proteins
  • Applications
    • 3D Printing – Drug Carrier
      • 3D Printing
      • Binder
      • Coating
      • Colour / Color
      • Coating Systems and Additives
      • Controlled Release Excipient
      • DC excipient
      • Disintegrant / Superdisintergrant
      • Drug Carrier
    • Emulsifier – Glidant
      • Emulsifier
      • Excipient for Inhalation
      • Filler
      • Film former
      • Flavour / Flavor
      • Glidant
    • Lubricant – Preservative
      • Lubricant
      • Nanotechnology
      • Orally Dissolving Technology Excipient
      • Pellet
      • Plasticizer
      • Preservative
    • Solubilizer – Viscocity Agent
      • Solubilizer
      • Speciality Excipient
      • Surfactants
      • Suspension Agent
      • Sustained Release Agent
      • Sweeteners
      • Taste Masking
      • Topical Excipient
      • Viscocity Agent
  • Sources
    • Handbook of Pharmaceutical Excipients – 9th Edition
    • EINECS Numbers
    • Excipient DMF List
    • Excipient cGMP Certification Organisations
    • FDA Inactive Ingredient List
    • FDA GRAS Substances (SCOGS) Database
    • Excipient E-Numbers
    • Whitepapers / Publications
    • Contract Development|Contract Manufacturing
  • Suppliers
    Excipient Suppliers List
    BIOGRUND Logo
    Evonik Logo
    LI logo violet
    logo roquette
    ADM
    Armor Pharma
    Asahi KASEI
    Ashland
    BASF
    Beneo
    Budenheim
    Captisol
    Croda
    DFE Pharma
    Excipio Chemicals
    Fuji Chemical
    Gattefossé
    Gangwal
    IamFluidics
    IamFluidics
    IOI Oleo
    Ingredient Pharm
    JRS Pharma
    Kerry Logo
    Kerry
    KLK Oleo
    KLK Oleo
    Lipoid
    Lubrizol Life Science Health
    Lubrizol Life Science Health
    MAGNESIA
    MAGNESIA
    MEGGLE Excipients & Technology
    MEGGLE
    Nagase Viita
    Nagase Viita
    Nordic Bioproducts
    Nordic Bioproducts
    Pfanstiehl
    Pfanstiehl
    pharm-a-spheres
    pharm-a-spheres
    PMC Isochem
    PMC Isochem
    Seppic
    Seppic
    ShinEtsu
    ShinEtsu
    Sigachi
    Sigachi
    SPI Pharma
    SPI Pharma
    Südzucker
    Südzucker
    Vikram Thermo
    Vikram Thermo
    Zerion Pharma
    Zerion Pharma
    • A-B
      • ADM
      • ARMOR PHARMA
      • Ceolus™ & Celphere™
      • Ashland
      • BASF
      • Beneo – galenIQ
      • Biogrund
      • Budenheim
    • C-G
      • Captisol
      • Croda
      • Cyclolab
      • DFE Pharma
      • DuPont Pharma Solutions
      • Evonik
      • Fuji Chemical Industries
      • Gattefossé
      • Gangwal Healthcare
    • I-O
      • ingredientpharm
      • IOI Oleochemical
      • JRS Pharma
      • Kerry
      • KLK Oleo Life Sciences
      • Lactalis Ingredients Pharma
      • Lipoid
      • Dr. Paul Lohmann
      • Lubrizol
      • Magnesia
      • MEGGLE Excipients
      • Nagase Viita – Pharmaceutical Ingredients
      • Nordic Bioproducts Group
    • P-Z
      • Pfanstiehl
      • pharm-a-spheres
      • Pharma Line
      • PMC Isochem
      • Roquette Pharma
      • Seppic
      • Shin-Etsu
      • Sigachi Group
      • Südzucker AG
      • VIKRAM THERMO
      • Zerion Pharma
      • ZoomLab® – Your Virtual Pharma Assistant
  • Inquiries
    • Product Inquiry
    • Tailored Tableting Excipients
      • Tailored Film Coating
  • Events
    • Overview Pharmaceutical Webinars
    • Videos CPhI Frankfurt 2025
    • CPhI China 2024
    • ExciPerience – The great excipient event!
  • All4Nutra

No products in the cart.

  • Shop
  • News
    • Specials
      • Excipients for CBD
      • Excipients & 3D Printing
      • Infographics – The overview
      • GMP-certified excipient production sites
      • The Future of TiO2
      • Excipients in the COVID-19 Vaccines
      • BASF PVP-Iodine
      • RegXcellence™
      • BASF Parenteral Excipients
    • World Days – The overview
  • Excipient basics
    • Excipient Solutions for CBD
    • Inorganic Chemicals
      • Calcium Carbonate
      • Calcium Phosphates
      • Calcium Sulfate
      • Halites
      • Metallic Oxides
      • Silica
    • Organic Chemicals
      • Actual Sugars
      • Artificial Sweeteners
      • Carbohydrates
      • Cellulose
      • Cellulose Esters
      • Cellulose Ethers
      • CMC and Croscarmellose Sodium
      • Converted Starch
      • Dried Starch
      • Microcrystalline Cellulose
      • Modified Starch
      • Starch
      • Sugars
      • Sugar Alcohols
    • Petrochemicals
      • Acrylic Polymers
      • Glycols
      • Mineral Hydrocarbons
      • Mineral Oils
      • Mineral Waxes
      • Petrolatum
      • Polyethylene Glycol (PEG)
      • Povidones
      • Propylene Glycol
      • Other Petrochemical Excipients
    • Oleochemicals
      • Fatty Alcohols
      • Glycerin
      • Mineral Stearates
      • Pharmaceutical Oils
      • Other Oleochemical Excipients
    • Proteins
  • Applications
    • 3D Printing – Drug Carrier
      • 3D Printing
      • Binder
      • Coating
      • Colour / Color
      • Coating Systems and Additives
      • Controlled Release Excipient
      • DC excipient
      • Disintegrant / Superdisintergrant
      • Drug Carrier
    • Emulsifier – Glidant
      • Emulsifier
      • Excipient for Inhalation
      • Filler
      • Film former
      • Flavour / Flavor
      • Glidant
    • Lubricant – Preservative
      • Lubricant
      • Nanotechnology
      • Orally Dissolving Technology Excipient
      • Pellet
      • Plasticizer
      • Preservative
    • Solubilizer – Viscocity Agent
      • Solubilizer
      • Speciality Excipient
      • Surfactants
      • Suspension Agent
      • Sustained Release Agent
      • Sweeteners
      • Taste Masking
      • Topical Excipient
      • Viscocity Agent
  • Sources
    • Handbook of Pharmaceutical Excipients – 9th Edition
    • EINECS Numbers
    • Excipient DMF List
    • Excipient cGMP Certification Organisations
    • FDA Inactive Ingredient List
    • FDA GRAS Substances (SCOGS) Database
    • Excipient E-Numbers
    • Whitepapers / Publications
    • Contract Development|Contract Manufacturing
  • Suppliers
    Excipient Suppliers List
    BIOGRUND Logo
    Evonik Logo
    LI logo violet
    logo roquette
    ADM
    Armor Pharma
    Asahi KASEI
    Ashland
    BASF
    Beneo
    Budenheim
    Captisol
    Croda
    DFE Pharma
    Excipio Chemicals
    Fuji Chemical
    Gattefossé
    Gangwal
    IamFluidics
    IamFluidics
    IOI Oleo
    Ingredient Pharm
    JRS Pharma
    Kerry Logo
    Kerry
    KLK Oleo
    KLK Oleo
    Lipoid
    Lubrizol Life Science Health
    Lubrizol Life Science Health
    MAGNESIA
    MAGNESIA
    MEGGLE Excipients & Technology
    MEGGLE
    Nagase Viita
    Nagase Viita
    Nordic Bioproducts
    Nordic Bioproducts
    Pfanstiehl
    Pfanstiehl
    pharm-a-spheres
    pharm-a-spheres
    PMC Isochem
    PMC Isochem
    Seppic
    Seppic
    ShinEtsu
    ShinEtsu
    Sigachi
    Sigachi
    SPI Pharma
    SPI Pharma
    Südzucker
    Südzucker
    Vikram Thermo
    Vikram Thermo
    Zerion Pharma
    Zerion Pharma
    • A-B
      • ADM
      • ARMOR PHARMA
      • Ceolus™ & Celphere™
      • Ashland
      • BASF
      • Beneo – galenIQ
      • Biogrund
      • Budenheim
    • C-G
      • Captisol
      • Croda
      • Cyclolab
      • DFE Pharma
      • DuPont Pharma Solutions
      • Evonik
      • Fuji Chemical Industries
      • Gattefossé
      • Gangwal Healthcare
    • I-O
      • ingredientpharm
      • IOI Oleochemical
      • JRS Pharma
      • Kerry
      • KLK Oleo Life Sciences
      • Lactalis Ingredients Pharma
      • Lipoid
      • Dr. Paul Lohmann
      • Lubrizol
      • Magnesia
      • MEGGLE Excipients
      • Nagase Viita – Pharmaceutical Ingredients
      • Nordic Bioproducts Group
    • P-Z
      • Pfanstiehl
      • pharm-a-spheres
      • Pharma Line
      • PMC Isochem
      • Roquette Pharma
      • Seppic
      • Shin-Etsu
      • Sigachi Group
      • Südzucker AG
      • VIKRAM THERMO
      • Zerion Pharma
      • ZoomLab® – Your Virtual Pharma Assistant
  • Inquiries
    • Product Inquiry
    • Tailored Tableting Excipients
      • Tailored Film Coating
  • Events
    • Overview Pharmaceutical Webinars
    • Videos CPhI Frankfurt 2025
    • CPhI China 2024
    • ExciPerience – The great excipient event!
  • All4Nutra
No Result
View All Result
Pharma Excipients
No Result
View All Result

Startseite » News » From Olive Pomace to Squalane: A Green Chemistry Route Using 2-Methyltetrahydrofuran

From Olive Pomace to Squalane: A Green Chemistry Route Using 2-Methyltetrahydrofuran

12. August 2025
From Olive Pomace to Squalane

From Olive Pomace to Squalane

Abstract

Squalene (SQE) is a key triterpene used in pharmaceuticals, nutraceuticals and cosmetics. Although olive pomace (OP) is a sustainable source of SQE, conventional hexane extraction raises environmental and health concerns. This study investigates the potential of 2-methyltetrahydrofuran (2-MeTHF) as a greener alternative for SQE extraction and catalytic hydrogenation to squalane (SQA); a high-value compound in industrial applications. 2-MeTHF provided 83% SQE recovery from OP, which was further concentrated in deodorizer distillates during refining. SQE hydrogenation in 2-MeTHF significantly improved reaction efficiency at lower temperatures (60 °C, 3 bar H2, 0.5 mol % Pd/C), enabling full conversion within 1 h. This represents a major advantage over conventional industrial hydrogenation, which requires harsher conditions (200 °C, 4–30 bar H2) and longer reaction times (6–7 h). In order to assess industrial feasibility, SQE from OP deodorizer distillates (6.8 wt %) was concentrated via saponification and molecular distillation (∼34 wt %), followed by flash chromatography (59 wt % purity, 85% recovery). However, residual impurities caused catalyst poisoning, lowering the SQA yield to 19.8%. This study highlights 2-MeTHF’s potential for industrial-scale SQE valorization via integrated extraction and hydrogenation. Future efforts should focus on improving SQE purification from OP-DDs and enhancing catalyst recyclability.

Introduction

Squalene (SQE) is a linear triterpene that is frequently used in pharmaceuticals, food supplements and cosmetics due to its multiple functions. (1) SQE acts as a biochemical precursor to sterols and terpenoids, which play a central role in the functions of plants, animals and humans. (2)

Originally identified in the early 20th century by Tsujimoto in deep-sea shark liver oils, SQE is known for its anticancer, antioxidant, detoxifier and skin emollient activities. (3) SQE has traditionally been extracted from shark liver oil (40–80% of the total oil), raising conservation concerns due to declining shark populations. (4) SQE of over 98 wt % purity is obtained from shark oil through a single vacuum distillation at 200–230 °C. (5) Alternative sources, such as plant-derived SQE from vegetable oils and refining byproducts, have attracted attention due to their sustainability and potential to meet market demand. (6) Olive oil, with ∼564 mg/100 g of SQE, is the main plant source for SQE extraction. (4)

Recent advancements in synthetic biology have enabled the engineering of microorganisms for enhanced SQE production, offering the potential for large-scale manufacturing. (7) Additionally, phytosqualene can be derived from trans-β-farnesene, which is produced through the fermentation of sugar cane by genetically modified Saccharomyces cerevisiae and then converted to SQA via catalytic dimerization and hydrogenation. (8)

The recovery of SQE from olive pomace (OP) oil has emerged as a viable alternative, particularly when using deodorizer distillates (DDs) obtained during the physical refining of the oil. OP contains approximately 10% oil by dry weight and is typically extracted using hexane. In a previous study, we have demonstrated that 2-methyltetrahydrofuran (2-MeTHF) is a valuable green alternative to hexane for the extraction of OP oil. (9) The main advantages of this solvent are its biodegradability, its fully biobased character and its toxicological profile, which is safer than that of hexane. In addition, its use in industrial systems is economically advantageous compared to other alternatives such as ethanol (EtOH), due to its lower latent heat of vaporization (364 vs 846 kJ/kg) and supercritical CO2, which requires higher capital investment. (10) 2-MeTHF has also already been approved for food production in Europe. (11)

Due to its high acidity, OP oil requires refining and deodorization. OP-DDs have proven to be a rich source of SQE. (6) Bondioli et al., have analyzed various types of OP-DDs and have reported SQE yields ranging from 224 to 452 mg/g DDs. (12) Two processes are typically used to increase SQE concentration; the esterification of fatty acids and separation of high purity (>95%) SQE via vacuum distillation, and the extraction of the unsaponifiable fraction with hexane to recover SQE with a maximum purity of around 80%. (5)

Due to its chemical structure, in particular its high degree of unsaturation, SQE is very unstable and easily oxidized. (13) One of the key transformations of SQE is its catalytic hydrogenation to squalane (SQA). (14) SQA is widely used in nutraceutical and cosmetics ingredients, because of its proven emollient and moisturizing properties. (13) Regardless of its source, SQE must be converted to SQA at over 92% purity and with an iodine value of below 1.00 (preferably <0.10) for cosmetic use. (5)

SQE hydrogenation is traditionally conducted in stirred tank reactors, with high loadings of Ni- and Pd-based catalysts under harsh conditions and/or over extended reaction times. (1) Suboptimal process conditions are typically employed on an industrial scale in a two-step, one-pot process. The first step is carried out at low H2 pressure, followed by a second step at higher H2 pressure and higher temperature to achieve complete reduction. Ni-based catalysts have long been used in hydrogenation processes, mainly due to Ni’s lower cost compared to Pd. (15) However, Ni-catalysts require higher metal loading and temperatures. Recently, various Pd-based catalysts have been used for the hydrogenation of SQE, either with or without solvent, including carbon-nanotube-supported Pd, (1) Pd/C, (16) sol–gel-entrapped SiliaCat Pd(0), (14,17) and Pd/clay. (18)

Figure 1. Integrated industrial process for SQA production from OP using 2-MeTHF as a green solvent.

Integrated industrial process for SQA production from OP using 2-MeTHF as a green solvent
Integrated industrial process for SQA production from OP using 2-MeTHF as a green solvent

Current hydrogenation processes make up about 40% of the total production cost of SQA. To reduce these costs, there is a need for new hydrogenation processes that operate at lower pressures, temperatures and at shorter reaction times. Previous studies have demonstrated that the use of solvents, such as EtOH and isopropanol, during the catalytic hydrogenation of SQE enables the reaction to proceed under significantly milder conditions than under neat reactions, resulting in improved yields and higher overall process efficiency. (14,16) Compared to EtOH and isopropanol, 2-MeTHF offers two key advantages: first, its dual function in SQE extraction from OP and hydrogenation eliminates the need for solvent exchange, which can simplify process integration within the same production site; second, its significantly lower latent heat of vaporization reduces energy consumption during solvent distillation from the final product, which lowers overall process costs. For this reason, the use of 2-MeTHF as a green solvent has been investigated.

To the best of our knowledge, this is the first study to experimentally demonstrate an integrated route for SQE extraction from OP and its hydrogenation in 2-MeTHF without solvent exchange. The objective is to assess the efficiency of SQE recovery from OP using 2-MeTHF and to optimize its catalytic hydrogenation to SQA under mild conditions. Particular attention is given to identifying optimal reaction conditions, including temperature, H2 pressure and catalyst loading, to maximize SQA yield. The study also investigates catalyst reusability over multiple cycles. The dual functionality of 2-MeTHF as both extraction and hydrogenation solvent (Figure 1) supports process integration and sustainability, offering a greener and more streamlined approach to SQA production.

Download the full article as PDF here: From Olive Pomace to Squalane

or read more here

From Olive Pomace to Squalane: A Green Chemistry Route Using 2-Methyltetrahydrofuran, Christian Cravotto, Fabio Bucciol, Jean-Baptiste Mazzitelli, Emmanuel Petitcolas, Anne-Sylvie Fabiano-Tixier, and Silvia Tabasso, ACS Omega Article ASAP, DOI: 10.1021/acsomega.5c03685


Read more interesting articles on Squalene here:

  • PhytoSquene® plant-based, pharma-grade squalene for vaccine adjuvants
  • Dual-functional emulsifier based nano-emulsion adjuvant effectively enhanced immunogenicity of recombinant respiratory syncytial virus vaccine in mice
  • Sustainably sourced Squalene
Tags: excipientsformulation

Related Posts

Modern Skin Care Formulations with HyPearls®
Hyaluronic acid

Modern Skin Care Formulations with HyPearls®

28. February 2026
Impact of Drug Hydrophilicity on Transdermal Delivery by Nanoemulsions
BASF

Impact of Drug Hydrophilicity on Transdermal Delivery by Nanoemulsions

28. February 2026
Investigation of different mannitol grades and their performance on a dosing-disc capsule filling process
Capsules

Investigation of different mannitol grades and their performance on a dosing-disc capsule filling process

27. February 2026
Next Post
In-vitro Evaluation of p-Sulfonatocalix[n] arenes (SCnA) as Novel Excipients Using a Vectorized BCS Approach

In-vitro Evaluation of p-Sulfonatocalix[n] arenes (SCnA) as Novel Excipients Using a Vectorized BCS Approach

Cart

Shop Search

  • Search for excipients and samples
  • Product Inquiry
  • Newsletter Registration
  • Visit the Homepage

Top Pharma-Excipient Links

  • Pharmaceutical Excipients – Some Definition
  • Inactive ingredient search for approved drug products in the USA
  • Excipient Suppliers List
  • GRAS Substances (SCOGS) Database
  • DC Excipients List
  • Homepage

About | Privacy Policy | Cookie policy | Cookie Settings | Contact | Homepage
Copyright: PharmaExcipients AG

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Shop
  • News
    • Specials
      • Excipients for CBD
      • Excipients & 3D Printing
      • Infographics – The overview
      • GMP-certified excipient production sites
      • The Future of TiO2
      • Excipients in the COVID-19 Vaccines
      • BASF PVP-Iodine
      • RegXcellence™
      • BASF Parenteral Excipients
    • World Days – The overview
  • Excipient basics
    • Excipient Solutions for CBD
    • Inorganic Chemicals
      • Calcium Carbonate
      • Calcium Phosphates
      • Calcium Sulfate
      • Halites
      • Metallic Oxides
      • Silica
    • Organic Chemicals
      • Actual Sugars
      • Artificial Sweeteners
      • Carbohydrates
      • Cellulose
      • Cellulose Esters
      • Cellulose Ethers
      • CMC and Croscarmellose Sodium
      • Converted Starch
      • Dried Starch
      • Microcrystalline Cellulose
      • Modified Starch
      • Starch
      • Sugars
      • Sugar Alcohols
    • Petrochemicals
      • Acrylic Polymers
      • Glycols
      • Mineral Hydrocarbons
      • Mineral Oils
      • Mineral Waxes
      • Petrolatum
      • Polyethylene Glycol (PEG)
      • Povidones
      • Propylene Glycol
      • Other Petrochemical Excipients
    • Oleochemicals
      • Fatty Alcohols
      • Glycerin
      • Mineral Stearates
      • Pharmaceutical Oils
      • Other Oleochemical Excipients
    • Proteins
  • Applications
    • 3D Printing – Drug Carrier
      • 3D Printing
      • Binder
      • Coating
      • Colour / Color
      • Coating Systems and Additives
      • Controlled Release Excipient
      • DC excipient
      • Disintegrant / Superdisintergrant
      • Drug Carrier
    • Emulsifier – Glidant
      • Emulsifier
      • Excipient for Inhalation
      • Filler
      • Film former
      • Flavour / Flavor
      • Glidant
    • Lubricant – Preservative
      • Lubricant
      • Nanotechnology
      • Orally Dissolving Technology Excipient
      • Pellet
      • Plasticizer
      • Preservative
    • Solubilizer – Viscocity Agent
      • Solubilizer
      • Speciality Excipient
      • Surfactants
      • Suspension Agent
      • Sustained Release Agent
      • Sweeteners
      • Taste Masking
      • Topical Excipient
      • Viscocity Agent
  • Sources
    • Handbook of Pharmaceutical Excipients – 9th Edition
    • EINECS Numbers
    • Excipient DMF List
    • Excipient cGMP Certification Organisations
    • FDA Inactive Ingredient List
    • FDA GRAS Substances (SCOGS) Database
    • Excipient E-Numbers
    • Whitepapers / Publications
    • Contract Development|Contract Manufacturing
  • Suppliers
    • A-B
      • ADM
      • ARMOR PHARMA
      • Ceolus™ & Celphere™
      • Ashland
      • BASF
      • Beneo – galenIQ
      • Biogrund
      • Budenheim
    • C-G
      • Captisol
      • Croda
      • Cyclolab
      • DFE Pharma
      • DuPont Pharma Solutions
      • Evonik
      • Fuji Chemical Industries
      • Gattefossé
      • Gangwal Healthcare
    • I-O
      • ingredientpharm
      • IOI Oleochemical
      • JRS Pharma
      • Kerry
      • KLK Oleo Life Sciences
      • Lactalis Ingredients Pharma
      • Lipoid
      • Dr. Paul Lohmann
      • Lubrizol
      • Magnesia
      • MEGGLE Excipients
      • Nagase Viita – Pharmaceutical Ingredients
      • Nordic Bioproducts Group
    • P-Z
      • Pfanstiehl
      • pharm-a-spheres
      • Pharma Line
      • PMC Isochem
      • Roquette Pharma
      • Seppic
      • Shin-Etsu
      • Sigachi Group
      • Südzucker AG
      • VIKRAM THERMO
      • Zerion Pharma
      • ZoomLab® – Your Virtual Pharma Assistant
  • Inquiries
    • Product Inquiry
    • Tailored Tableting Excipients
      • Tailored Film Coating
  • Events
    • Overview Pharmaceutical Webinars
    • Videos CPhI Frankfurt 2025
    • CPhI China 2024
    • ExciPerience – The great excipient event!
  • All4Nutra

About | Privacy Policy | Cookie policy | Cookie Settings | Contact | Homepage
Copyright: PharmaExcipients AG