Cyanotech, the producer of microalgae-based natural products, has formed a Japanese unit, Cyanotech Japan, which will allow the company to economise on shipping, provide more timely delivery to customers and allow customers to conduct business in Japanese yen rather than US dollars.
Cyanotech Japan will initially market the company's NatuRose and Spirulina Pacifica brands to the Japanese animal feed market, adding the human nutrition brands BioAstin and Spirulina Pacifica at a later date.
"The increasing acceptance of our products in one of the world's major economies caused us to form the new business unit," said Gerald R. Cysewski, Ph.D., chairman, president and CEO of Cyanotech. "We are pleased to see this growing demand in the Japanese market, which holds significant potential for Cyanotech."
Cyanotech Corporation claims to be the world leader in microalgae technology, producing high-value natural products from microalgae. It is the world's largest commercial producer of natural astaxanthin from microalgae.
Its products include BioAstin natural astaxanthin, a powerful antioxidant with expanding applications as a human nutraceutical, NatuRose natural astaxanthin for the aquaculture and animal feed industries, Spirulina Pacifica, a nutrient-rich dietary supplement, and phycobiliproteins, which are fluorescent pigments used in the immunological diagnostics market.