KAILUA-KONA, Hawaii, Mar 05, 2007 (BUSINESS WIRE) -- Cyanotech Corporation (CYAN) has obtained official regulatory approval (substantial equivalence) for its BioAstin(R) Natural Astaxanthin as a novel food in the European Union. This allows the importation of BioAstin into all of the 27 member countries and gives Cyanotech unlimited access to a market with 487 million people.
"Europe is the ideal market for BioAstin," said Cyanotech's CEO and Founder, Gerald R. Cysewski, Ph.D. "Europe's demographics in terms of age, income and education levels match perfectly with BioAstin's uses and benefits. We felt it was important to officially register BioAstin's active ingredient 'astaxanthin' for our customers' benefit as part of our commitment to maintain BioAstin as the leading brand of natural astaxanthin in the world."
For more information on BioAstin, or for a copy of the registration letter, e-mail [email protected] or call 808.334.9415.
Cyanotech Corporation, a world leader in microalgae technology, produces BioAstin(R) Natural Astaxanthin and Hawaiian Spirulina Pacifica(R)--all natural, functional nutrients that enhance human health and nutrition. Cyanotech's spirulina, FDA reviewed and accepted as Generally Recognized as Safe (GRAS) for use as a food ingredient, augments energy and immune response. BioAstin's benefits derive from its superior antioxidant activity and from its ability to support and maintain natural inflammatory response, enhancing skin, muscle and joint health. NatuRose(R) Natural Astaxanthin is a natural pigment source that also promotes animal health and nutrition, primarily in aquaculture. Phycobiliproteins are fluorescent pigments used in medical diagnostic testing and research. Cyanotech produces these products from microalgae grown at its 90-acre facility in Hawaii using patented and proprietary technology and distributes them to nutritional supplement, nutraceutical, cosmeceutical, and animal feed makers and marketers in more than 40 countries worldwide. Cyanotech was the first microalgae company in the world to obtain ISO 9001:2000. Visit www.cyanotech.com for more information.