Program will focus on evaluation of Botaneco's technology to add
functionality to Echium oil
TSX symbol: SBS
CALGARY, April 30 /PRNewswire-FirstCall/ - Botaneco, a wholly-owned subsidiary of SemBioSys Genetics Inc., today announced that it has signed a feasibility agreement with Croda Enterprise Technology, part of Croda International Plc, an international manufacturer of speciality ingredients with 2007 sales of pnds stlg 886.1m. Croda will evaluate the ability of Botaneco's technology platform to improve the stability and versatility of Echium Plantagineum (Echium) oil, a speciality oil containing omega-3 fatty acids. Under the terms of the agreement, Botaneco will provide Croda with material for purposes of chemical and functional analysis, and to determine the viability of a commercial-scale manufacturing process.
"This feasibility agreement with Croda demonstrates the breadth of products and opportunities we can offer our customers and partners with Botaneco's technology platform," said Andrew Baum, President and CEO of SemBioSys. "We believe that the potential of our platform to improve the stability of oils and other labile materials expand the utility and opportunity for Croda's Echium oil in food, dietary supplements and personal care applications. We expect to complete the study and provide Croda with a defined process for manufacturing commercial amounts of material by the end of 2008."
Echium oil contains stearidonic acid, which is effectively metabolized to eicosapentanoic acid (EPA). EPA has been shown to reduce the risk of coronary heart disease and provide anti-inflammatory benefits in both topical and oral formulations.
Botaneco is the global developer and marketer of innovative
oleosome-based ingredients to the personal care and OTC topical markets. As
a technologically driven provider of high performance, proprietary
|SOURCE SemBioSys Genetics Inc.|
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