Neptune and Ingenutra Sign an Exclusive Worldwide Agreement for MaxSimil®
LAVAL, QUEBEC--(Marketwired - Oct 7, 2016) - Neptune Technologies & Bioressources Inc. ("Neptune" or the "Company") (NEPT)(NTB.TO) through its wholly-owned subsidiary, Biodroga Nutraceutical Inc., has signed an exclusive, worldwide and royalty bearing commercial agreement with Ingenutra Inc. for its patented and clinically studied MaxSimil specialty ingredient. Designed as a unique delivery system, MaxSimil allows for enhanced bioavailability and absorption of lipid based and lipid soluble nutraceuticals ingredients such as omega-3 fish oils, vitamin A, D, K and E, CoQ10 and others.
The agreement allows Neptune to manufacture, distribute and sell MaxSimil in the nutraceutical field worldwide. The terms also cover potential collaboration between both companies on clinical trials. The agreement is valid until 2028 and supersedes a previous arrangement between Biodroga and Ingenutra that was limited to North America. All other terms of the agreement remain confidential.
- Published: 07 October 2016
- Written by Editor