Neptune Products to be commercialized by BAYER HealthCare

Posted On: June 10, 2009

Neptune Technologies & Bioressources Inc. announced that it has signed an agreement with Bayer Healthcare, LLC for the commercialization of Neptune proprietary products in the United States.

“The signing of this agreement with a partner of the caliber of Bayer supports Neptune’s business and scientific choice to pursue the more demanding and challenging clinical development path of assessing safety and effectiveness of its products. As planned, it has been strategic to invest the time and resources into building a complete portfolio of scientific data, intellectual property and regulatory approvals which ultimately allowed the Company to attract the best partner,” stated Dr. Tina Sampalis, Chief Scientific Officer of Neptune.

“Neptune’s approach to commercialization consists of rapidly penetrating the market to generate short-term revenue and growth by partnering with the right marketer that can create broad consumer awareness leveraged by our substantial scientific data and that can create large market share for Neptune. Bayer is among the world’s largest marketers of healthcare products,” she added.

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