Laval, QC – Functional food developer Neptune Technologies & Bioressources says it has formed a collaboration agreement with the Nestle Research Center in Lausanne, Switzerland.
The two companies will jointly research the effects of Neptune krill oil on exceptionally prevalent conditions affecting the worldwide adult population. The research was initiated at the beginning of July 2007. The design and identification of primary investigators for the study has been completed, and upon successful completion of the trial the companies say they plan to proceed with the development and license agreement.
“Following the trend of tremendous growth witnessed in functional food and drink, we are extremely pleased with our collaboration with Nestle. Moreover, in order to further capitalize on the sustainable growth of the functional food market as planned in our business plan, we are already targeting more strategic worldwide partners,” says Thierry Houillon, vice president of business development for functional food at Neptune.