PureCircle Limited Discovery and Development of new Food Ingredient (2158I)
July 01 2013 - 2:00AM
UK Regulatory
TIDMPURE
RNS Number : 2158I
PureCircle Limited
01 July 2013
PureCircle Limited
("PureCircle")
PureCircle Announces Discovery and Development of new Food
Ingredient Rebaudioside X
PureCircle (LSE: PURE) the world's leading producer and marketer
of high purity stevia ingredients today announces the discovery of
and progress against developing a new food ingredient the company
has named Rebaudioside X. In conjunction with The Coca-Cola
Company, PureCircle is seeking global intellectual property
coverage for the ingredient.
A detailed safety evaluation has now been conducted by an
independent Expert Panel on high purity Rebaudioside X and has
received self-affirmed GRAS status. PureCircle has now elected to
formally submit its GRAS notification to the FDA for the agency's
additional safety review.
These developments follow an earlier announcement on September
28th, 2012, of a joint development agreement with The Coca-Cola
Company which allows for the continued joint investigation and
development of a stevia sweetener product as a commercially viable
food ingredient.
Enquiries:
PureCircle Limited (www.purecircle.com)
Magomet Malsagov, CEO +603 2166 2206
William Mitchell, CFO +44 7974 005 163
RFC Corporate Finance (NOMAD) +61 8 9480 2500
Steve Allen
This information is provided by RNS
The company news service from the London Stock Exchange
END
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