Printer Friendly

India-based company invests in Safe Foods.

Safe Foods Corp. of North Little Rock said a wholly owned subsidiary of Jubilant Organosys Ltd. of Noida, India, now has a minority investment in the company through a stock purchase agreement.

Jubilant will become a supplier of cetylpyridinium chloride, which is the active ingredient in Safe Foods' patented Cecure brand anti-microbial solution.

Details of the agreement were not disclosed.

Food processors in the United States and elsewhere are using Cecure as a food safety intervention.

"Safe Foods is responding to a rapidly growing international demand for Cecure, which is now widely recognized as one of the safest and most effective food safety interventions available to food processors," said Curtis W. Coleman, president and CEO of Safe Foods. "This strategic alliance with one of the world's leading contract research and manufacturing companies will be key in enabling Safe Foods to take full advantage of this demand in the global marketplace. We've long had the goal of helping make the world's food supplies safer, and this is a very important step in that direction."

Safe Foods is a privately held company that was born out of Arkansas BioVentures, the University of Arkansas for Medical Sciences' business accelerator program.

Cecure is patented in more than 100 countries and has regulatory approval in about a dozen markets.
COPYRIGHT 2008 Journal Publishing, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2008 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Author:Riggin, Amy
Publication:Arkansas Business
Date:May 26, 2008
Previous Article:HMA announces closure of Southwest Regional.
Next Article:Worldwide SoyTechnologies boosts nematode research.

Related Articles
TURKMENISTAN - Other Industries.
India, Egypt create joint venture.
New global food regulations: stirring the pot.
Gulf food security: is there enough, and at what price?
Food safety measures get hearings in Congress.

Terms of use | Privacy policy | Copyright © 2020 Farlex, Inc. | Feedback | For webmasters