GTC Nutrition Forms Strategic Alliance with Ganeden Biotech Inc.
Through the alliance, the companies plan to work together to innovate inthe development of prebiotic and probiotic ingredients, key ingredients forhealthy digestive and immune systems.
The alliance underscores the companies' shared vision of improving qualityof life through innovative food ingredient solutions. A combination of GTCNutrition's scientific and technical expertise in the area of prebiotic fiberingredients and Ganeden Biotech's leadership in probiotic products andsupplements will accelerate the development and distribution of highlyeffective ingredient combinations and end-product development in support ofdigestive and immune health.
Andrew Lefkowitz, Ganeden's President and CEO, commented: "Partneringwith an industry leader such as GTC Nutrition will enable us to broaden theapplications of GanedenBC30 into more functional foods and beverages,nutraceuticals and animal health applications. The experience, knowledge andhigh standard of quality that GTC Nutrition brings to the digestive healthmarket further supports our commitment to provide superior formulations to ourgiven markets."
Probiotics are "good for you" bacteria that are similar to the goodbacteria found naturally in the body's digestive tract that can supporthealthy digestive and immune systems. Prebiotics serve as food for probiotics.A prebiotic is a non-digestible carbohydrate that works in the intestines tonourish and stimulate the growth of the good bacteria, which in turn helps tomaintain a healthy digestive environment. Prebiotics and probiotics worksynergistically to maintain healthy digestion and support immune systemstrength.
"We are excited to partner with a healthcare company that shares a visionof improving quality of life through healthy ingredient fortification," saidPatrick Smith, president of GTC Nutrition. "By integrating our uniquestrengths, we will accelerate our business and growth opportunities bycapitalizing on the unique opportunities and synergies that these innovativeingredients provide."
About GTC Nutrition
GTC Nutrition is a recognized leader in providing innovative, customizedingredient solutions along with scientific, technical and marketing expertiseto the food processing, dietary supplement and animal feed industries. GTCNutrition promotes health globally with innovative functional food ingredientsand unsurpassed customer support. For more information, visitgtcnutritionsolutions.com.
About Corn Products International
Corn Products International is one of the world's largest corn refinersand a major supplier of high-quality food ingredients and industrial productsderived from the wet milling and processing of corn and other starch-basedmaterials. The Company, headquartered in Westchester, IL., is a leadingworldwide producer of dextrose and a major regional producer of starch, highfructose corn syrup and glucose. In 2007, Corn Products International reportedrecord net sales and diluted earnings per share of $3.4 billion and $2.59,respectively. The Company has operations in 15 countries at 35 plants,including wholly owned businesses, affiliates and alliances. For moreinformation, visit cornproducts.com.
About Ganeden Biotech
Founded in 1996, Ganeden Biotech Inc. is based in Cleveland, Ohio, and isthe largest seller of over-the-counter probiotics in the U.S. through itsDigestive Advantage(R) and Sustenex(TM) brands. It also licenses its patentedprobiotic bacteria, GanedenBC30, for use in commercial food and beverageapplications, medical foods, nutriceuticals and in animal health industries.GanedenBC30 is self-affirmed GRAS (Generally Recognized As Safe) by anindependent panel assembled to assess its safety in use as a food ingredient.For more information about licensing opportunities visit ganedenlabs.com andfor probiotic supplement information visit digestiveadvantage.com orsustenex.com.
SOURCE GTC Nutrition
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