India-based OmniActive Health Technologies has made a global strategic alliance with Japan-based JXTG Nippon Oil & Energy, to jointly develop and commercialise unique, branded carotenoid compositions. This is a significant development under ACCELA, OmniActive's global partnering platform for open innovation.
JXTG's work on fermentation has been commercialised in international markets in the form of astaxanthin-containing Panaferd-AX, a natural pigment used in the aquaculture industry. JXTG has also launched biotechnology-based materials for supplements to bring healthy active ageing at any age from natural sources.
OmniActive will support this partnership through its technology platforms including OmniBead and UltraSOL to develop proprietary, scientifically-backed delivery forms for use in different applications including tablets, capsules, gummies, liquid and powder mixes as well as other formats.
JXTG's High Performance Materials Company has made significant investments on IP-backed breakthroughs in developing non-GMO sources, including microorganisms to produce highly-purified forms of different nutrients, for human and animal health, while leveraging sustainable and energy-efficient fermentation technologies.
Akinari Nakazawa, General Manager of HPM Business Planning Dept at JXTG. "OmniActive's strong market insights and customer relationships along with their science-driven approach and well-recognised technology platforms provide a strong entry to our nutritional products into the global market."
"In recent years, we have been expanding our partnership with some of the most creative and innovative companies in the industry to bring breakthrough ideas in nutritional supplementation to a larger global platform," said Abhijit Bhattacharya, President, OmniActive Health Technologies, Ltd. "JXTG's strong track record of leadership in the field of energy, and the impressive work done on their fermentation platforms for nutrition provides us with a unique opportunity to provide a wide range of solutions for our customers."
Attendees of SupplySide West 2019 are invited to come to OmniActive booth 5059 and JXTG/OmniActive booth 7161/7161(A) to discuss how this alliance can help them build stronger brands.