Aquapreneur » Zonase

Aqua Bio Technology: ABT signs Supply Agreement for Asian Markets

Admin — Thu, 30 Sep 2010 12:54:46 +0000

Aqua Bio Technology (Oslo Axess : ABT) a Norwegian marine biotech firm developing, producing and selling patented marine based ingredients and technologies to the international cosmetic and skin care industry, today announced it has entered into a sales agreement of with a highly regarded Asian manufacturer of skin care products. As a part of the agreement, ABT will supply its bioactive ingredient Zonase X(TM) to be the key ingredient in a new product line the manufacturer will launch in January 2011.

The new line will consist of five products, developed in collaboration with ABT. The new skin care line will initially be introduced in the Asian markets through the manufacturer’s existing distribution channels. In addition, the manufacturer is also in discussion with distributors in Australia and selected European countries regarding launch in those markets.

Due to competitive reasons, the manufacturer has requested that it is not named until the products are launched. The reason is that the manufacturer considers Zonase X(TM) a novel and highly innovative technology.

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ABT Strengthens Organization With The Appointment of New CEO and Sales Management

Admin — Wed, 15 Sep 2010 18:58:18 +0000

Norwegian marine biotechnology company Aqua Bio Technology ASA (ABT) has strengthened its organization, and has secured valuable competence for the company’s further growth and commercial development with the appointment of Arvid Lindberg as the new CEO, and Fanny Fagot-Coste as the Head of sales and Product Development.

Arvid Lindberg (37) takes the role as ABT’s new CEO. He holds a degree in economics from the Norwegian School of Economics and Business Administration in Bergen and comes from the position as Business Unit Director in Roche.

On the sales and product development side, the company has hired Fanny Fagot-Coste (31) as the new Sales Manager Asia /Head of Product Development. Fanny is French and has a double Masters degree in Bioengineering and Cosmetology (Honours) from Universite de Technologie de Compiegne (UTC) and Universite Paris XI, Faculty of Pharmacy.

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Aqua Bio Tech Signs Major Supply Development Agreements

Admin — Mon, 17 May 2010 18:39:39 +0000

Aqua Bio Technology ASA (ABT), a marine biotechnology and ingredient company, signed two major supply and development agreements. The first agreement is with Bioforskning AS to supply ABT’s patented bioactive ingredient Zonase X™, an ingredient with origins from salmon hatching fluid for use in Bioforskning’s Skin Science professional skincare line. ABT has also secured a major supply and development deal with a global market leader in the health care sector.

Biofoskning’s Skin Science is an exclusive skincare line sold in the Scandinavian professional skincare market. Bioforskning AS is currently preparing a sales expansion of their Skin Science line to several major European markets during the second half of 2010, in addition to developing new lines of products incorporating ingredients such as ABT’s Zonase X, which will be launched during the second half of 2010 and first half 2011.

ABT’s supply and development agreement with the global health care company, who does not wish to be disclosed at this time for strategic reasons, involves development of new products based on certain components contained in ABT’s patented Zonase technology, including Zonase X. The agreement represents a breakthrough for ABT’s new ingredient technology and has significant commercial potential for the company, as it comprises development of products outside of the original application areas of Zonase (which include exfoliation, moisturization and rejuvenation of skin), proving the versatility of the Zonase X technology. A patent application has been filed securing both parties’ common commercial rights within the new product area.

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