Changes from Within and Without Mark New Growth
Dave Thomas, formerly a partner at Dutchess Foods, joined LycoRed Natural Products as the North American Director of Marketing and Business Development for the Food and Beverage Division. As LycoRed Natural Products continues to successfully grow its business in the Dietary Supplement arena, Dave will be pioneering penetration into the U.S. Food and Beverage Industry with an array of ingredients from tomato with fortification, functional, coloring and flavor enhancing properties. Dave was responsible for this July’s successful launch of LycoMato® Powder, developed specifically for fortifying foods with lycopene.
Eitan Busnach, formerly Vice President of Marketing for LycoRed subsidiary Biodar Ltd, has been promoted to the position of Vice President of Business Development for the entire LycoRed Group of companies. In this expanded role, Mr. Busnach will be responsible for new business development for LycoRed, Biodar, and Nutriblend as well as corporate expansion through new acquisitions worldwide.
Udi Alroy, former senior advisor to Morris Zelkha, LycoRed Group CEO, has been promoted to the position of Marketing Director for Biodar Ltd. Biodar has recently completed development of a unique vegetarian beadlet matrix. This new system has already been commercialized and is the basis for Beta Cote 20 VB, a gelatin free beta carotene formulation suitable for tableting, and for CaroPure 7.5, vegetarian natural beta carotene beadlets manufactured by Biodar for DSM. Biodar’s new beadlet technology is used to stabilize carotenoids and other oxidation sensitive nutritional ingredients.
The LycoRed Group is headquartered in Beer Sheva Israel, with offices and subsidiaries in the United States, the United Kingdom, Switzerland, the Netherlands, France and Germany.
LycoRed Natural Products Industries Ltd, founded in Israel in 1995, is the manufacturer of LycoMato® the only all natural tomato lycopene complex. LycoRed owns Nutriblend Ltd., www.Nutriblend.com, supplier of vitamin and mineral pre-mixes to the food and nutritional supplement industries and Biodar, www.biodar.com, a world leader in micro–encapsulated vitamins and minerals. The activities of Karma Pharm Ltd., www.karmapharm.co.il, developers of generic controlled-release oral drug delivery products, falls under the auspices of Biodar. The LycoRed Group is a subsidiary of Makhteshim-Agan. www.main.co.il. Please see: www.lycored.com for more information.