SUBSCRIBE

Breaking News on Supplements, Health & Nutrition - Europe US edition | APAC edition

News > Suppliers

Read more breaking news

 

 

Rimfrost taps Aker's Australian krill patents

By RJ Whitehead , 22-Nov-2012
Last updated on 22-Nov-2012 at 18:25 GMT2012-11-22T18:25:34Z

First krill major taps into Aker's Australian patents

Olympic Seafood-owned krill subsidiary Rimfrost has negotiated a long-term, non-exclusive licencing agreement with fellow Norwegian firm Aker BioMarine to secure access to the krill major's patent portfolio in Australia.

In another clear demonstration of the importance of the Australian krill oil market, the patents will apply to Olympic and its affiliates with immediate affect. They cover four recently certified innovation patents laying claim to commercially important krill oil compositions and production methods.

As we reviewed Aker BioMarine’s Australian patent portfolio, we found that licencing it would be necessary to secure our continued right to offer krill oil in Australia”, said Bjørnar Kleiven, CEO of Olympic Seafood.“With this licence in place, we can now offer Rimfrost Sublime Antarctic krill oil with full freedom to operate in the strong and growing Australian market."

Long-term support

Aker confirmed to FoodNavigator-Asia that the deal will be for 20 years and came about because "we would rather compete on quality and support."

Olympic has high expectations for Rimfrost Sublime in Australia. "This licencing agreement creates stability for our customers as they have a choice of suppliers,” said Olympic Seafood’s sales and marketing director, Even Remøy. “Both Aker BioMarine and ourselves are dedicated to developing the Australian krill oil market."

The patents that Olympic Seafood and its affiliates have licenced from Aker cover the extraction of krill oil from natured products such as krill meal and powder, although the company has stressed that none of the granted claims are limited to krill oil removed by a specific extraction method.

Cast-iron patents

Only available in Australia, innovation patents provide protection over eight years. They are awarded for inventions that are "novel over the prior art, and where the novelty-conferring feature substantially contributes to the function of the invention, but there is no inventive step requirement, as is the case for ordinary patents."

These patents are particularly difficult to invalidate, which is also why they have been dubbed “the strongest patents in the world” by the international patent community.

Related products

Live Supplier Webinars

Polyphenols tipped to become the way to innovate in Sports Nutrition
Fytexia
Orally bioavailable standardized botanical derivatives in sport nutrition: special focus on recovery in post-intense physical activities
Indena
Collagen in motion: move freely and keep your injuries in check
Leading manufacturer of gelatine and collagen peptides
Life’s too short for slow proteins. Whey proteins hydrolysates: Fast delivery for enhanced performance
Arla Foods Ingredients
What it Takes to Compete and Win in Today’s Sports Nutrition Market
Capsugel
Sports Nutrition Snapshot: Key regional drivers and delivery format innovations
William Reed Business Media
Gutsy performance: How can microbiome modulation help athletes and weekend warriors
William Reed Business Media
Pushing the boundaries: Where’s the line between ‘cutting edge nutrition’ and doping
William Reed Business Media
Alpha & Omega in Sports Nutrition – Using Omega 3’s and A-GPC to improve performance and recovery.
KD Pharma

On demand Supplier Webinars

High-amylose maize starch may reduce the risk of type 2 diabetes: what does this qualified health claim mean?
Ingredion
Balancing Innovation and Risk in Sports Nutrition Ingredients
NSF-International
Explaining bio-hacking: is there a marketing opportunity for food companies?
William Reed Business Media
Personalized Nutrition – how an industry can take part in shaping the future of Nutrition
BASF Nutrition & Health
Find out Nutritional and ingredient lifecycle solutions and strategies!
Roquette
Is the time rIpe for I-nutrition?
William Reed Business Media
The Advantage of Outsourcing Fermentation-based Manufacturing Processes
Evonik Health Care
All supplier webinars