PureCircle Limited FDA GRAS "No Objection" for New Rebaudioside M (5257W)
December 30 2013 - 2:00AM
UK Regulatory
TIDMPURE
RNS Number : 5257W
PureCircle Limited
30 December 2013
PureCircle Limited
30 December 2013
PureCircle Receives FDA GRAS "No Objection" for New Rebaudioside
M Stevia Sweetener
PureCircle (LSE: PURE): Following its FDA GRAS filing in May,
PureCircle, the world's leading stevia producer and marketer is
pleased to announce that the U. S. Food and Drug Administration
(FDA) has issued a No Objection letter for the use of PureCircle
Rebaudioside M (Reb M) as a general purpose sweetener for foods and
beverages in the United States. High-purity Reb M (also known as
Reb X) has a closer taste to table sugar than previous stevia
ingredients, allowing for deeper calorie reductions in food and
beverage products, particularly those that have higher levels of
sweetness.
The discovery and development of Reb M resulted from a
previously announced joint development and five-year supply
agreement with The Coca-Cola Company. Together the companies are
seeking global intellectual property coverage for the
ingredient.
The clean, sugar-like sweetness of high-purity Reb M is
appealing to consumers seeking naturally sweetened food and
beverage formulations with few to no calories. Its
commercialization will play an important role in extending
PureCircle's breakthrough Stevia 3.0 TM innovation, which optimizes
taste in stevia-sweetened foods and beverages.
The GRAS confirmation of PureCircle Reb M adds to the company's
leadership position in bringing stevia innovation to the market.
The investment in supply chain assets and leaf development are in
place to support the commercialization of Reb M and the company has
commenced trial production of the ingredient. PureCircle is excited
by the opportunities Reb M presents for success within the
framework of the company's Stevia 3.0 TM capabilities.
Enquiries:
PureCircle Limited (www.purecircle.com)
Magomet Malsagov, CEO +603 2166 2066
William Mitchell, CFO +44 7974 005 163
RFC Ambrian Ltd (NOMAD) +61 8 9480 2500
Stephen Allen
This information is provided by RNS
The company news service from the London Stock Exchange
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