22 2010
Neptune Technologies & Bioressources profits rise on krill oil success
Neptune Technologies & Bioressources has recorded continued profits in its first quarter, which the firm says is partly a result of a more widespread recognition of krill oil in the nutraceutical industry.
The Canadian firm reported a 45 percent increase in revenue for the three months ended May 31, 2010 compared to the same period last year. This boosted revenue to $4.2m for the period.
According to the company, the improved results were largely due to an investment in the firm’s manufacturing plant last year, which boosted production performance. However, the results also reflect an increased uptake of krill oil as a source of omega-3.
26 2010
Enzymotec Krill Oil Product Gains Novel Food Approval in Europe
Enzymotec has announced that its leading product, Krill Oil +, has now obtained a Novel Food status in Europe for its Krill Product line , including the Pure Krill oil grade.
Recently the company announced the expansion of its product line into a greater variety of Krill-based combination products, including Krill-based variety of grades, Krill/PS combos and more.
“Enzymotec supports Krill sustainability and an eco-friendly supply chain aimed to maintain the conservation of marine living resources by sourcing its Krill biomass only from CCAMLR Member monitored vessels and facilities. Says Mrs. Neta Scheinman Enzymotec’s Director of QA. “We are inspecting and verifying that each Krill shipment is harvested within the limits of the zone and dates for which the specific fishing vessels had received it’s fishing license from CCALMR”, concludes Mrs. Scheinman.
26 2010
Aker Biomarine’s Krill Fisheries Receives Marine Stewardship Council Certification
Aker BioMarine has today received confirmation that its krill fisheries will be certified by the Marine Stewardship Council (MSC), an independent, global, non-profit organization that works to promote the best choices in sustainable seafood.
In future purchases of Aker BioMarine’s Superba(tm) and Qrill(tm) products, consumers can be assured that their Omega-3 rich krill products are harvested in an environmentally sustainable way.
MSC’s fishery certification program contributes to the health of the world’s oceans by recognizing and rewarding sustainable fishing practices, influencing the choices people make when buying seafood and working with partners to transform the seafood market to a sustainable basis. The MSC certification is a visible demonstration of Aker BioMarine’s long term commitment to the environment.
14 2010
Aker BioMarine, Lipogen Come Together To Develop Phospholipids Formula
Aker BioMarine, an integrated biotechnology company positioned to create value from krill harvesting and processing and Lipogen, a producer of the functional cognitive ingredient phosphatidylserine (PS), have joined forces to develop a phospholipids formula for cognitive health.
Aker BioMarine and Lipogen said that the target formula is a matrix of Lipogen PS phosphatidylserine produced from Aker BioMarine’s pure Superba Krill Oil. Reportedly, Phosphatidylserine (PS) and omega-3 fatty acids are both key components of the brain’s cell membranes. The new ingredient could either be applied together with multivitamins or as a single ingredient targeting brain health.
04 2010
Aker BioMarine signs first agreement for Superba Krill in Asia
Aker BioMarine has signed a distributor agreement with Compson Trade Co., Ltd for the Taiwanese market. This is the first step into the Asian market for Superba Krill and a milestone for Aker BioMarine.
“We are proud to work with a company like Compson Trade, and they have so far impressed us with their ambitions, dedication and high level of competence”, says Matts Johansen, Executive Vice President in Aker BioMarine.
Compson Trade was founded 15 years ago by Charlie Wu, and has through it’s focus on marketing, innovation, quality and customer service, grown to the leading supplier of dietary and pharmaceutical material in Taiwan. Aker BioMarine’s Superba Krill will with its new agreement have the best possible position to have success in Tawian.
28 2010
Norwegian Aker agrees to expand loan to Aker BioMarine by NOK 20 million
Norwegian biotechnology company Aker BioMarine ASA (OSL: AKBM) said it agreed today with its main owner, industrial holding Aker ASA (OSL:AKER), to expand the short-term loan from it with NOK20m.
In September 2009, Aker BioMarine said it will borrow up to NOK90m from Aker. The company would initially get a loan of up to NOK50m and the remainder would be made available when it had presented a refinancing plan and got it approved by Aker.
Since then, Aker BioMarine has had a positive development with sales growth and a good start to the fishing season, which, however, has led to a need for an increased working capital.
12 2010
Marine Biotechnology Company is Fastest Growing Small Business in Nutraceutical Industry with Krill Oil
Krill oil manufacturer Azantis Inc. received the 2009 Growth Award from the industry leading Nutrition Business Journal and The NBJ Summit. Azantis grew its 2009 sales more than 300 percent in a highly competitive market.
Azantis received the 2009 Growth Award in the category Small Companies: Revenues Under $10 Million.
15 2009
Aker BioMarine awarded public grant for research on krill oil
Aker BioMarine has been awarded a three-year NOK 8 million research grant from the Research Council of Norway’s Food Programme. The biotechnology company will use the funds to continue its ambitious documentation program on Superba™ Krill products. Aker BioMarine was one of five receivers out of an application pool of 37 companies.
The research grant allows us to further intensify our ambitious pre-clinical and clinical research on Superba™ Krill, says Dr. Hogne Vik, Aker BioMarine’s EVP of Documentation. We have been extremely pleased with the results we have seen in our research so far, and this grant contributes to even better documentation for Superba™ Krill – one of very few dietary supplements that is supported by product-specific scientific documentation.
23 2009
New Patent for Chemical-Free Krill Oil Extraction
Tharos, a Chile-based consultancy firm, has developed a new patent for krill oil extraction.
The chemical-free process relates to a processing layout for obtaining krill oil with DHA and EPA in the phospholipids fraction, with astaxanthin and neutral lipids, used for human health applications, and a byproduct of the process being a low fat content krill meal.
02 2009
Aker BioMarine to be exclusive supplier of company’s Superba™ Krill Oil to Schiff Nutrition International
The biotechnology company Aker BioMarine has signed an agreement to be the exclusive supplier of the company’s Superba™ Krill Oil dietary supplement to the market leader Schiff Nutrition International. The agreement is a major breakthrough for Aker BioMarine in the US market.
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