Cyanotech Receives FDA Approval for Its NatuRose Salmon Feed Ingredient.Business Editors KAILUA-KONA, Hawaii--(BUSINESS WIRE)--Aug. 22, 2000 Approval Allows Salmon Farmers in the US and Other Countries to Offer American Consumers "All Natural" Farm-Raised Salmon Cyanotech Corporation (Nasdaq NMS See NetWare Management System. :CYAN), the world leader in producing high-value, natural products from microalgae, today announced that the United States Food and Drug Administration United States Food and Drug Administration (FDA), n.pr a unit of the Public Health Service created to protect the health of the nation against impure and unsafe foods, drugs, and cosmetics. (FDA FDA abbr. Food and Drug Administration FDA, n.pr See Food and Drug Administration. FDA, n.pr the abbreviation for the Food and Drug Administration. ) has approved the use of NatuRose(R) natural astaxanthin from Haematococcus algae algae (ăl`jē) [plural of Lat. alga=seaweed], a large and diverse group of primarily aquatic plantlike organisms. These organisms were previously classified as a primitive subkingdom of the plant kingdom, the thallophytes (plants that as a color additive in the feed of salmon and trout to enhance the color of their flesh. This approval is in response to a color additive petition filed by Cyanotech. Cyanotech produces NatuRose brand natural astaxanthin (pronounced asta-zan-thin) for use as a natural red pigment in the aquaculture aquaculture, the raising and harvesting of fresh- and saltwater plants and animals. The most economically important form of aquaculture is fish farming, an industry that accounts for an ever increasing share of world fisheries production. industry to impart color to the flesh of pen-raised fish and shrimp. As a result of continued growth in the world aquaculture industry, the world market for astaxanthin is currently estimated to exceed $150 million per year. Cyanotech is the world's largest commercial producer of natural astaxanthin from microalgae and has been selling NatuRose internationally since 1997. This approval will allow Cyanotech to sell NatuRose to US salmon and trout producers and to foreign producers whose products are destined des·tine tr.v. des·tined, des·tin·ing, des·tines 1. To determine beforehand; preordain: a foolish scheme destined to fail; a film destined to become a classic. 2. for the US market. "The FDA scrutinized the safety and efficacy of NatuRose and validated our quantitative methods of measuring the amount of astaxanthin present in the product, fish feed and fish flesh," said Dr. Todd Lorenz, Cyanotech's Scientific Director. "NatuRose is a cost-effective FDA-approved alternative to the synthetic products now used to pigment pen-raised salmon and trout." Increasing world-wide demand for organically produced foods is fueling the development of alternative methods to grow salmon. NatuRose provides the salmon aquaculture industry with a natural alternative to synthetic coloration. In addition to allowing foreign and domestic organic salmon growers access to the large US market, FDA approval of NatuRose greatly enhances its credibility for use in salmon destined for foreign markets. -- Cyanotech Corporation, the world's leader in microalgae technology, produces high-value natural products from microalgae, and is the world's largest commercial producer of natural astaxanthin from microalgae. Products include BioAstin(TM) natural astaxanthin, a powerful antioxidant antioxidant, substance that prevents or slows the breakdown of another substance by oxygen. Synthetic and natural antioxidants are used to slow the deterioration of gasoline and rubber, and such antioxidants as vitamin C (ascorbic acid), butylated hydroxytoluene with expanding applications as a human nutraceutical; NatuRose(R) natural astaxanthin for the aquaculture and animal feed industry; Spirulina spirulina Any cyanobacteria in the genus Spirulina. A traditional food source in parts of Africa and Mexico, spirulina is an exceptionally rich source of vitamins, minerals, and protein, and one of the few nonanimal sources of vitamin B12. Pacifica(R), a nutrient-rich dietary supplement; and phycobiliproteins, which are fluorescent pigments used in the immunological diagnostics market. Corporate and product information is available at http://www.cyanotech.com |
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