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Solarvest BioEnergy Common Stock V.SVS.H

Solarvest BioEnergy Inc. engages in the development of algal-based production systems to produce natural based green commercial products. It provides human nutrition products, including omega-3; clean energy production system that enables for continuous hydrogen production; and active ingredients for human health comprising cannabinoids in algae and bone morphogenetic protein-2, rhBMP2, for the treatment of repairing bone fractures. The company was incorporated in 2005 and is based in Vancouver, Canada.


TSXV:SVS.H - Post by User

Post by lscfaon Apr 27, 2021 11:21am
265 Views
Post# 33074313

Patents granted

Patents granted

Solarvest Bioenergy Inc. Granted Patents in India And Australia


 


  

Vancouver, B.C. - TheNewswire - April 27, 2021  –  Solarvest BioEnergy Inc. (“Solarvest”, or the “Company”) (TSXV:SVS) (“Solarvest” or the “Company”), announces that it has been granted patents in Australia and India.  The intellectual property protection concentrates on the production of algal biomass, algal cell cultures, lipid compounds, and compositions thereof, including fatty acids, carotenoids and fat soluble vitamins.  These patents add additional strength to the Company’s existing patent portfolio as it commercializes its line of organic Omega-3 products.  

 

After its initial product launch and further industry discussions, the Company has focused on supplying unique “clean label” products to satisfy the demand for premium plant-based, organic Omega-3 health products.  In addition, the Company’s wholly owned subsidiary Eversea has accelerated efforts to offer organic marketing companies and organic oriented retailers with house branded products (often termed “white label”) based on our unique bioavailable Omega-3 ingredient. Channel marketing feedback indicates that there is extensive market demand for the product’s unique characteristics, particularly among consumers focused on organic and vegan diets.  The Company’s patented Omega-3 active ingredient has obtained FDA NDI (New Dietary Ingredient) certification, and is USDA and EU Organic Certified.   

 

Further to marketing of Organic Omega-3 in the United States, the team has received substantial interest due to the timely introduction of a premium ingredient when the reality of chemical and heavy metal contamination in baby food has been brought to light.  https://oversight.house.gov/sites/democrats.oversight.house.gov/files/2021-02-04%20ECP%20Baby%20Food%20Staff%20Report.pdf  The versatility of the patented ingredient has enabled the Company to demonstrate various Organic Omega-3 products that can be integrated into existing marketing channels. Organic marketers fully recognize the value of chemical free production as a competitive advantage. Moreover, in terms of intellectual property protection, the IP has been described as a rare commodity in a growing market segment. 

 

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