Veg of Lund receives a European patent protecting the company’s plant-based potato drink
The European Patent Office has notified Veg of Lund AB that the authority intends to approve the patent “Vegan potato emulsion” (EP3687298) which defines the company’s unique vegetable milk alternative. This means that the upcoming patent protection covers the European market, which can amount to 39 countries.
Veg of Lund’s patent portfolio has been strengthened by the announcement from the European Patent Office and refers to the company’s vegan drink based on a combination of potatoes, rapeseed oil and a vegetable protein in the form of an emulsion. The drink is sold under the DUG brand in several European markets.
“We are pleased that a patent is also approved at European level. The fact it is based on such an everyday crop as potatoes, shows the uniqueness and strength of the patent,” says Professor Eva Tornberg, founder and board member of Veg of Lund.
Veg of Lund has corresponding active patent applications in Australia, Canada, China, Hong Kong, India, Japan, South Korea, Thailand the United Arab Emirates, and the USA. Veg of Lund’s comprehensive patent portfolio creates the conditions for the company to develop more product categories within new plant-based foods such as ice cream and cream products as well as alternatives to red and white meat.
For more information, please contact:
Veg of Lund AB
Fredrik Carling, CEO
Telephone: +46 703 121 942
E-mail: fredrik.carling@vegoflund.se
About Veg of Lund AB (publ)
Veg of Lund AB (publ) develops, markets and sells plant-based foods that meet consumer demands for taste and sustainability. Veg of Lund has its roots in research at Lund University and the company’s business concept is to use its knowledge, patented methods and innovative solutions to develop and sell tasty, climate-smart and locally produced products based on potatoes. Veg of Lund offers alternatives to dairy products (milk drinks) and snacks (smoothies) and also develops meat alternatives. The company’s products are sold under the DUG brand to consumers, restaurants and food companies in Sweden, England and Ireland. The company has the ambition to expand mainly in Europe and Asia. The share is listed on Nasdaq First North and trades under the name VOLAB. Read more at ir.vegoflund.se. Mangold Fondkommission AB is the company’s Certified Adviser and can be contacted by phone: +46 8 5030 15 50 or e-mail: ca@mangold.se.
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