06.29.10
UK-based Oxford Nutrascience has signed a European exclusivity supply agreement with Ocean Nutrition Canada Limited (ONC), Dartmouth, Nova Scotia, Canada.
Under the terms of the five-year agreement ONC will supply it’s MEG-3 branded omega 3 ingredients for exclusive use across the European Union, in any of Oxford Nutrascience's confectionery chews. In addition, Oxford Nutrascience and ONC have agreed to work closely together to cross-sell each other's products to their own customer bases. This collaboration agreement will provide Oxford Nutrascience access to many of the largest food and supplement manufacturers who use ONC's MEG-3 ingredient in their products.
Oxford Nutrascience’s soft chew technology uses soluble fiber to enable functional ingredients such as vitamins and minerals to be added without compromising taste, texture and stability. The technology also delivers confectionery that is high in fiber yet reduced in sugar and fat.
Oxford Nutrascience has also developed a cranberry supplement chew and both chews will be available to consumers during the second half of 2010. The products will be promoted as part of the Group's own product range and are also being made available to other over-the-counter (OTC) consumer healthcare companies seeking to use Oxford Nutrascience's confectionery technology.
Under the terms of the five-year agreement ONC will supply it’s MEG-3 branded omega 3 ingredients for exclusive use across the European Union, in any of Oxford Nutrascience's confectionery chews. In addition, Oxford Nutrascience and ONC have agreed to work closely together to cross-sell each other's products to their own customer bases. This collaboration agreement will provide Oxford Nutrascience access to many of the largest food and supplement manufacturers who use ONC's MEG-3 ingredient in their products.
Oxford Nutrascience’s soft chew technology uses soluble fiber to enable functional ingredients such as vitamins and minerals to be added without compromising taste, texture and stability. The technology also delivers confectionery that is high in fiber yet reduced in sugar and fat.
Oxford Nutrascience has also developed a cranberry supplement chew and both chews will be available to consumers during the second half of 2010. The products will be promoted as part of the Group's own product range and are also being made available to other over-the-counter (OTC) consumer healthcare companies seeking to use Oxford Nutrascience's confectionery technology.