09.01.07
Neptune Technologies & Bioressources Inc., Laval, Quebec, has formed a strategic partnership with Yoplait to research and develop new functional dairy products for worldwide commercialization. According to terms of the agreement, Neptune and Yoplait will proceed to complete the development of flavorsome dairy products containing Neptune Krill Oil (NKO), which will be clinically tested for their effect on widely prevalent chronic conditions. Yoplait’s intention is to first launch the approved products in strategically chosen countries followed by a worldwide roll out. Neptune will supply its NKO and will also be receiving an upfront fee followed by milestone payments and distribution royalties.
Neptune has also formed a collaboration with the Néstle Research Center. According to the agreement, Neptune and Nestle will jointly research the effects of NKO on prevalent conditions affecting the worldwide adult population. Upon successful completion of their research, the companies will proceed with a development and license agreement.
Neptune has also formed a collaboration with the Néstle Research Center. According to the agreement, Neptune and Nestle will jointly research the effects of NKO on prevalent conditions affecting the worldwide adult population. Upon successful completion of their research, the companies will proceed with a development and license agreement.