Sepragen Corporation Announces the Addition of a `Techno-Business' Advisory Board.Business Editors/Biotechnology Writers HAYWARD, Calif.--(BUSINESS WIRE)--March 6, 2000 Sepragen Corporation (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: SPGNA, SPGNU, SPGNW) today announced the formation of a "Techno-Business" advisory board to assist the Company in identifying and developing major opportunities in the biotech and nutraceutical industries for its platform separation technology. The advisory board will be headed by Dr. Armin Ramel, formerly Vice President of Research for Scios, Inc. and Director of Process Development at Genentech and Hoffman La Roche La Roche may refer to:
-- Dr. John Finley, Senior Technology Principal at Kraft Foods,
previously Director of New Project Development at Monsanto and
Group Director at Nabisco;
-- Dr. Theodore Lioutas, VP of R&D at Brown-Forman Beverages
Worldwide, previously Director of New Product Development at
Tropicana;
-- Dr. Zdenek Kratky, Senior Advisor and Assistant Vice President
for Nutrition Strategic Business Division at Nestle, Ltd; and
-- Dr. H.S. Muralidhar, Assistant VP of R&D and Director of Center
of Excellence at Cargill Worldwide.
Vinit Saxena, Sepragen's Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. commented, "Sepragen's platform separation technology enables the isolation and manufacture of high purity biological drugs and functional food ingredients necessary for the development of newer, healthier natural foods and nutraceuticals. The solutions provided by these key industry opinion leaders will certainly drive the direction of our growth path. We are excited about this team and look forward to their contributions." Sepragen Corporation develops and markets technology, equipment and supplies for process chromatography applications. Sepragen has developed a number of patented applications that provide large market opportunities in the food and beverage F&B is a common abbreviation in the United States and Commonwealth countries, including Hong Kong. F&B is typically the widely accepted abbreviation for "Food and Beverage," which is the sector/industry that specializes in the conceptualization, the making of, and delivery of foods. industry, including debitering citrus juices, extracting isoflavone i·so·fla·vone n. A flavonoid found in soy. isoflavone 3-phenyl-4H-1-benzopyran-4-one; many of the naturally occurring estrogenic substances in pasture plants are isoflavones. (plant estrogen) from soy as well as extracting proteins from whey whey liquid residue from milk after the removal of cheese curds in the manufacture of cheese. An excellent protein supplement but difficult to handle in the liquid form, except to pigs maintained close to the cheese factory. Dried whey is easy to handle but processing costs are high. . The Company holds over 14 issued patents relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc its core technology. The statements in this release that relate to future events or performance, statements about growth, market acceptance, levels of sales and market size and future manufacturing capacity and efficiencies are forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. that involve risks and uncertainties, including risks associated with uncertainties related to the development of markets for the commercial acceptance of the company's products and services, the availability of components, competitors' product introductions and other risks identified in the company's SEC filings. Actual results may differ from those described in these forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. |
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