Arctic Bioscience – Joint Venture with Kotler to develop China and other SE Asian markets
The sale of ROMEGA®️ products in the Chinese market has grown fast the last 3 years and we see significant growth potential. To accelerate the positive business development, Arctic Bioscience and Kotler Investment Ltd. have signed a term sheet to establish a joint venture operation to commonly develop the Chinese and Southeast Asian markets together to truly realize the business potential. China is the 3[rd] largest regional Omega-3 market in the world after USA and Europe with a market size of more than USD 10 billion (finished products), where dietary supplements alone is about 10%.The