Veg of Lund extends patent portfolio
Veg of Lund AB has filed an application with the Swedish Intellectual Property Office (“PRV”) for a Swedish patent for a potato emulsion that can be used in plant-based ice cream products. The company intends to expand the current range of plant-based dairy products sold under the DUG® brand.
Veg of Lund’s development work in potato-based foods has resulted in a strong patent portfolio that has laid the foundation for the company’s plant-based drink, which has been sold under the DUG® brand for almost a year. The company’s strategy is to broaden its product range in the dairy category and with the patent application now made, Veg of Lund secures more specific rights and lays the foundation for the company’s international patent application (PCT) for ice cream products.
Eva Tornberg, the inventor responsible for research and development at Veg of Lund: “This vegetarian and vegan ice cream has a high creaminess, which is not so common for vegan ice cream. In addition, it melts relatively slowly, which is always an advantage for ice cream products. We will focus on getting a tasty and climate-smart ice cream that can be flavoured for both everyday and festive occasions.”
“This is another step in our strategy to expand our patent portfolio and opt for new innovative products based on our unique knowledge of potatoes,” says Emma Källqvist, acting CEO and CFO of Veg of Lund.
Veg of Lund will continuously refine the process and the different recipes that will be used for the production of climate-smart ice cream products. Veg of Lund already has a patent for a heat-stable vegetarian emulsion made from potato and rapeseed oil containing high levels of omega 3.
For more information, please contact:
Veg of Lund AB
Emma Källqvist (Acting CEO and CFO)
Telephone: +46 721 869 018
E-mail: emma.kallqvist@vegoflund.se
About Veg of Lund AB (publ)
Veg of Lund develops unique plant-based foods meeting consumers’ demands for taste and sustainability. The company has roots in research at Lund University and owns patented methods for developing new food categories in the fast-growing market for plant-based foods. Veg of Lund’s climate-smart and tasty products are sold in Europe and Asia under the DUG® brand. The company’s share is listed on the Nasdaq First North Growth Market under ticker VOLAB. Read more at ir.vegoflund.se. Mangold Fondkommission AB is the company’s Certified Adviser and can be contacted via telephone: +46 8 5030 15 50 or e-mail: ca@mangold.se
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