Aker BioMarine Ranked Among Top 3 Most Innovative Companies in the World at Prestigious Innovation Award

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(Oslo, Norway – October 25, 2024) Aker BioMarine has been named a finalist in the Best Innovation - Private Sector category for the 2024 GIMI (Global Innovation Management Institute) Innovation Awards.

Recognizing significant innovations across various sectors worldwide, this year’s awards ceremony will take place on November 6th in Barcelona, bringing together global innovators to celebrate excellence in innovation.

“We are honored to be recognized as a finalist for the GIMI Innovation Awards,” said Matts Johansen, CEO of Aker BioMarine. “We have built a billion-dollar industry around krill while prioritizing responsibility from the outset. Today, the krill fishery is recognized as one of the world’s most sustainable fisheries. With a growing global population, it’s essential that we look to the ocean as part of the solution. Innovation is at the core of how we responsibly achieve this, supporting global health through advanced science and nutrient-rich products.”

Balancing Innovation and Operational Excellence
Aker BioMarine is maintaining its competitive edge by fostering what CEO Matts Johansen calls "ambidextrous organizations." This approach balances the pursuit of new innovations with the optimization of daily operations, helping the company remain agile and sustainable in a rapidly changing global market.

“It’s not enough to just discuss these ideas; we need to actively implement them,” Johansen explained. “Being ambidextrous enables us to explore new opportunities while continually improving our existing operations, ensuring we stay ahead in an evolving world.”

In 2024, Aker BioMarine was ranked second among Norway’s 25 most innovative organizations, reflecting the company’s focus on sustainability and public health. By balancing environmental stewardship with operational efficiency, Aker BioMarine continues to support global wellness through responsible krill harvesting, demonstrating how innovation and sustainability can coexist.

Meeting Global Health and Societal Needs
Aker BioMarine's krill-based ingredients address key health needs, particularly for aging populations, by supporting joint and cognitive health. The company has engaged in over 200 research studies and collaborations with universities to explore the benefits of krill, aiming to improve wellness and reduce long-term healthcare costs.

InnoMag Editor-in-Chief Truls Berg, who also serves as the head of the award jury, remarked, “Aker BioMarine exemplifies active innovation. Their balance of new growth initiatives with continuous improvement of existing capabilities showcases the potential of how strategic innovation create massive growth and whole new industries on a global stage. The jury that selects Norway's 25 most innovative corporations is truly impressed with the high innovation standard that the Aker Biomarine team delivers, and over the last 10 years they have consistently been among Norway's most innovative corporations. In fact, after winning the Norwegian first prize in 2018 they went on to win the European prize in 2019 and no other Norwegian company has been consistently higher on our yearly list. We're proud to nominate Aker Biomarine ASA and believe that this global innovative powerhouse deserve to win, - showcasting the Norwegian way of innovating from the boardroom all the way to the new talents starting soon"

The winners of the GIMI Innovation Awards will be announced at the ceremony in Barcelona, where Aker BioMarine is recognized as a finalist in the Best Innovation - Private Sector category.

About Aker BioMarine
Aker BioMarine is a leading human health and nutrition innovator that develops krill-derived products for consumer health and nutrition. Krill is a natural, powerful, and health-promoting source of nutrients from the pristine waters of Antarctica, and Aker BioMarine has a unique position in its industry. The ingredient portfolio consists of Superba Krill Oil, Lysoveta, FloraMarine, and PL+, as well as the consumer brand, Kori Krill. The innovative approach also extends into the spin-offs AION (reduce and recycle plastic waste across industries) and Understory (a protein brand). Aker BioMarine is listed on the Oslo Stock Exchange (AKBM). More information is available at www.akerbiomarine.com.

About Global Innovation Management Institute (GIMI)

The Global Innovation Management Institute (GIMI) is a leading organization dedicated to advancing innovation as a key driver of growth and sustainability for businesses, governments, and institutions worldwide. GIMI provides a globally recognized framework for innovation management, offering certification programs, tools, and best practices to help organizations develop and implement effective innovation strategies. Through its work, GIMI aims to empower individuals and organizations to innovate consistently, foster a culture of creativity, and stay competitive in rapidly evolving markets. With a presence in over 30 countries, GIMI is committed to shaping the future of innovation on a global scale.

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