U.S. FDA issues GRAS No Objection Letter for SweeGen's BESTEVIA(TM) Reb-M Stevia Sweetener
(Thomson Reuters ONE) -
RANCHO SANTA MARGARITA, California and WESTCHESTER, Illinois, March 2nd, 2017 -
SweeGen, a nature based sweetener company, and Ingredion Incorporated, a leading
global provider of ingredient solutions to diversified industries, today
announced that the U.S. Food and Drug Administration (FDA) has issued a GRAS
(Generally Recognized As Safe) No Objection Letter for BESTEVIA(TM) Reb-M stevia
sweetener for use as a general purpose sweetener for food and beverage
applications in the United States. This follows a review of the composition and
manufacturing process of SweeGen's BESTEVIA(TM) Reb-M, with documentation
submitted to the U.S. Food and Drug Administration last year.
BESTEVIA(TM) Reb-M, SweeGen's non-caloric and high purity stevia sweetener with
a clean, sweet sugar-like taste, is produced from the stevia leaf. In a letter
from the FDA dated Feb. 17, 2017, the agency acknowledged that it reviewed the
application and has no further questions regarding the documentation so
submitted related to the safety of the ingredient.
"Having received the No Objection Letter from the FDA, SweeGen and our valued
distribution partner Ingredion, are now able to support food and beverage
companies in the United States to meet consumer demand for reduced and no sugar
products made with a new, high-purity, great tasting stevia sweetener," said
Steven Chen, president of SweeGen.
"Now beverage and food manufacturers in the United States can reduce sugar using
BESTEVIA(TM) Reb-M stevia sweetener that has a sugar-like sweetness without the
bitterness associated with some stevia sweeteners," said Oscar Gutierrez, senior
global director, sweetness innovation, Ingredion. "Food and beverage
manufacturers are now able to reduce a high percentage of sugar without
sacrificing taste."
Ingredion is SweeGen's exclusive global distributor in all markets (excluding
SweeGen's house accounts and in the Republic of China where it is a non-
exclusive distributor). Ingredion will distribute BESTEVIA(TM) Reb-M stevia
sweetener initially in the United States and Canada and subsequently in other
countries as additional regulatory approvals are granted.
ABOUT SWEEGEN
SweeGen (OTC: SWEE) is dedicated to the development, production and distribution
of non-caloric, non-GMO sweeteners for the food, flavor and beverage industries.
SweeGen's robust product pipeline, intellectual property portfolio, and
dedicated manufacturing capacity and R&D provide the Company its foundation for
innovation and delivery of high-quality sweetener products. For more information
please contact info(at)sweegen.com and visit SweeGen's website, www.sweegen.com.
ABOUT INGREDION
Ingredion Incorporated (NYSE: INGR) is a leading global ingredient solutions
provider. We turn grains, fruits, vegetables and other plant materials into
value-added ingredients and biomaterial solutions for the food, beverage, paper
and corrugating, brewing and other industries. Serving customers in over 100
countries, our ingredients make crackers crunchy, yogurts creamy, candy sweet,
paper stronger and add fiber to nutrition bars. For more information, visit
ingredion.com.
Cautionary Statement Concerning Forward-Looking Statements
This press release contains forward-looking statements, including, among other
statements, statements regarding the future prospects for BESTEVIA(TM) Reb-M
stevia sweetener. These statements are based on current expectations, but are
subject to certain risks and uncertainties, many of which are difficult to
predict and are beyond the control of each of SweeGen and Ingredion
Incorporated.
Relevant risks and uncertainties include those referenced in the filings of each
of SweeGen and Ingredion Incorporated with the Securities and Exchange
Commission. These risks and uncertainties could cause actual results to differ
materially from those expressed in or implied by the forward-looking statements,
and therefore should be carefully considered. Each of SweeGen and Ingredion
Incorporated assumes no obligation to update any forward-looking statements as a
result of new information or future events or developments.
###
"Bestevia" is a trademark held by SweeGen permitted to be used by Ingredion for
distribution purposes.
TRADE MEDIA CONTACT:
Janelle Litel, 708-551-2536
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Ingredion Incorporated via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 02.03.2017 - 19:27 Uhr
Sprache: Deutsch
News-ID 527837
Anzahl Zeichen: 5228
contact information:
Town:
Westchester, Illinois
Kategorie:
Business News
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