Forbes Medi-Tech receives European approval for use of Reducol™ in seven major food groups
Reducol™ is a clinically proven ingredient to help lower LDL (bad) cholesterol levels safely and naturally.
03/03/05 Forbes Medi-Tech Inc. has announced that the Company received an opinion of substantial equivalence from European regulatory authorities allowing Forbes to market its cholesterol-lowering ingredient, Reducol™, in a variety of approved food groups including: yellow fat spreads (margarine), fermented milk type products, soy drinks, low-fat cheese type products, yoghurt type products, spicy sauces, and salad dressings.
The substantial equivalence notification follows the recent approval for the use of Reducol™ in milk-based products. With regulatory approvals in place and the recently announced expansion of the Company's 50-50 manufacturing joint-venture facility, Forbes is in a favorable position to capitalize on EU consumers' preference for non-GMO foods.
Reducol™ is a clinically proven ingredient to help lower LDL (bad) cholesterol levels safely and naturally. It is a unique blend of naturally occurring compounds found in plants known as phytosterols and phytostanols. Reducol™ is produced by the Phyto-Source joint venture manufacturing facility in Pasadena, Texas, a 50-50 joint venture currently representing the largest approved source of food grade wood sterols in the world.
Forbes Medi-Tech Inc. is a biopharmaceutical company dedicated to the research, development and commercialization of innovative prescription pharmaceutical and nutraceutical products derived from by-products of the forestry industry and other natural sources for the prevention and treatment of cardiovascular and related diseases. The Company's scientific platform is based on core sterol technology. Forbes has developed cholesterol-lowering agents for use in pharmaceutical compounds, functional foods and dietary supplements.
