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Neptune Technologies & Bioressources Inc. reports third quarter results and update on strategic milestones
Date:4/14/2008

ects to launch five Essentially products in the United States in April followed by the European launch at Vitafoods in Geneva, Switzerland in May.

National Updates

Certain national NKO(R) distributors in Europe have successfully received country-based approval for labeling and commercialization of NKO(R) as a dietary supplement, namely in Sweden, Austria and France.

Agreement entered with Salt Lake City based Schiff Nutrition

International, Inc.

Schiff Nutrition is distributing Neptune Krill Oil under the brand name Schiff(R) MegaRed(TM) promoting cardiovascular and joint health. Schiff(R) MegaRed(TM) is currently available in a 300 mg dosage form at Costco in the U.S. nationwide.

Functional Food

Neptune continues its research collaborations with both of its functional food partners, Nestle and Yoplait. The clinical research and product development efforts are progressing as planned. The Company received its Gras ("generally recognized as safe") notification in January and the FDA has formally received Neptune's voluntary submission of the assessment document. With this regulatory clearance for commercialization in food in the U.S., Neptune expects to enter additional food partnerships in the future.

Pharmaceutical Initiatives

Neptune continues on its development path of advancing pharmaceutical products containing its marine phospholipid/ omega-3 bioactive ingredients. Neptune has several commercialization alternatives, including over-the-counter (OTC), prescription medical food and prescription drug options, and is progressing with submissions to obtain pharmaceutical approvals allowing commercialization. In that regard, Neptune recently announced that it had obtained complementary medicine approval in Australia and New Zealand and that Invida Pharmaceuticals, the holding company of Inovail and PharmaLink, successfully entered the market with OmegaGen(R) containing Neptune Krill Oil (NKO(R)). Neptune e
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SOURCE NEPTUNE TECHNOLOGIES & BIORESSOURCES INC.
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Related biology technology :

1. The Omega-3 Industry Leader, Croda Health Care, selects Neptune Technologies Ingredients for New Essentially Brand
2. Neptune Technologies patent granted for novel phospholipids in multiple diseases and pharmaceutical applications
3. Neptune Technologies expands into medicinal markets in Asia Pacific
4. Neptune Technologies receives GRAS notification in the United States
5. Neptune Technologies & Bioressources Inc. obtains Complementary Medicine approval in Australia for NKO(R)
6. Neptune Technologies & Bioressources Inc. Secures Access to Nationwide Consumer Mass Market in the United States
7. Neptune strengthens scientific operations with the appointment of a new Scientific Advisory Board
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10. Powersafe Technology Corp. Recapitalizes, Executes Merger Agreement with Amplification Technologies, and Invests in Amplification
11. Dilon Technologies Closes First Quarter With Record Sales
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