A method of forming a gypsum-based panel product including the steps of: mixing calcined gypsum, water, a foaming agent and a core strengthening agent to form a foamed slurry; depositing the slurry; shaping the slurry to form a board having a core and core surfaces, optionally sandwiched between sheets of liner; and allowing the core to set, and drying the board, wherein the strengthening agent is dextrin, used in an amount not less than 0.1% by weight, based on the amount of calcined gypsum, so that, after drying, there is provided a strengthening dispersion of dextrin throughout the core. Less than 5% dextrin in preferred.