Scale-up of Zymes' PTS by Albemarle responds to the demand in food, beverage and nutritional markets
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Under the terms of the manufacturing agreement between the two companies, Albemarle manufactures PTS, the lead compound for the Zymes technology. The company leverages its significant GMP manufacturing capabilities to generate PTS in quantities that accelerate its delivery for use in the production of large-scale consumer food and beverage products and nutritional supplements.
Zymes has attained GRAS (Generally Recognized as Safe) status for PTS following submission to the FDA. In addition to expanding opportunities for the aforementioned markets, Zymes' PTS also shows promise as a nanoparticle delivery system for active pharmaceutical ingredients (APIs).
Albemarle is producing Zymes' PTS at the company's
"We are delighted to have Albemarle as a manufacturing partner," said Dr.
"Albemarle's commitment to overall product quality allows us to service both diverse and highly regulated markets. This will make our superior solubilization technology available globally for a broad range of consumer products such as foods and particularly for clear beverages," Berl continued.
"We continue to receive positive response for our ability to support the vision of developing pharmaceutical and bioscience companies like Zymes," said
Zymes has entered into several licensing arrangements related to food and beverage product launches. The company has also developed a clear omega3 enhanced water beverage slated for launch in 2009, and has expanded the scope of applicability of the PTS technology to water soluble dry powder formulations.
About Zymes
Zymes is a bio-science company that combines science, technology, and nature to create products that improve your quality of life. Zymes' mission is to provide innovative solutions to our partners and consumers through our proprietary science and technology, enabling new products to enhance the well-being of people and our environment. Based in
About Albemarle
Albemarle Corporation, headquartered in
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding Albemarle Corporation's business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report on Form 10-K.
SOURCE Albemarle Corporation