08 Aug 2019 --- Microalgae-derived ingredients player Algatech has licensed the rights and intellectual property related to the production of β-1,3-glucan from F3 Platform Biologics (F3), a US-based biotechnology company. The technology licensed by Algatech derives β-1,3-glucans from fermented microalgae Euglena gracilis, which can comprise the active ingredient up to 60 percent. With this move Algatech seeks to bring these more efficient and better quality β-1,3-glucans-based products to market. As part of the agreement, fermentation expert Dr. Brad Cox, who has been instrumental in developing F3’s cutting-edge capabilities, will head the Euglena project at Algatech and support its fermentation activity.
