Carbiotix signs first NutraCycle Joint Development Agreement with leading Nordic plant-based food & beverage producer
Carbiotix (publ) ("Carbiotix" or the "Company") announces today that the Company has signed its first NutraCycle Joint Development Agreement (JDA) with a leading Nordic plant-based food & beverage producer. The JDA follows a successful Pre-Study consisting of both laboratory and pilot scale verification of a new Carbersol process and prebiotic. The Joint Development phase will include process development, process engineering and product formulation work and will be carried within the next 6 months with the goal of making a decision on building a Carbersol process.NutraCycle is a distributed