Carbiotix Signs JCDA with Global Beverage Leader
Carbiotix announces a new JCDA with a global B2B beverage provider, opening new business opportunities.
Sammanfattning
Carbiotix has signed a JCDA with a leading global beverage solutions provider, aiming to upcycle grain, fruit, and vegetable side-streams into valuable extracts.
Carbiotix, a pioneering biotechnology company, has once again made headlines with the announcement of a Joint Collaboration and Development Agreement (JCDA) with a global B2B beverage solutions provider. This new collaboration is set to open a plethora of business opportunities, allowing Carbiotix to expand its reach to numerous Food & Beverage Consumer Packaged Goods (F&B CPG) companies.
Under the leadership of CEO Erik Deaner, Carbiotix aims to leverage the JCDA partner's extensive operations, which span over 50 countries and include more than 10 manufacturing sites. These sites generate thousands of tons of grain, fruit, and vegetable-based side-streams, which Carbiotix plans to upcycle into extracts for human, pet-food, and feed applications.
The financial prospects are promising, with Carbiotix targeting an average revenue of 0.50 USD per kilogram of extract over the lifetime of multi-party licenses and operator agreements. This strategy not only presents value creation for side-stream owners but also offers a 50% discount for F&B CPG partners compared to market ingredients.
The JCDA is scheduled to commence in Q4 2025, with a six-month period for formulation verification and engineering specification development. The ultimate goal is to decide on constructing a NutraCycle process, enhancing the partner's ability to capture value from their side-streams.
Considering Carbiotix's innovative approach and strategic partnerships, investors may find the company's stock an attractive 'buy' option. The potential for growth and expansion into new markets, alongside their commitment to sustainability and health, positions Carbiotix as a promising player in the biotechnology sector.
Källa
Sammanfattning
Erik Deaner, CEO of Carbiotix, announced that the company has signed a Joint Collaboration and Development Agreement (JCDA) with a global B2B beverage solutions provider. This partnership aims to expand Carbiotix's reach to more food and beverage companies by utilizing the partner's extensive manufacturing and distribution network. The JCDA will focus on upcycling grain, fruit, and vegetable-based side-streams into extracts for various applications. Carbiotix aims to earn an average of 0.50 USD per kg of extract through multi-party agreements, offering a 50% discount to partners compared to market prices. The project is set to begin in Q4 2025, lasting six months, and will include formulation and engineering development. A decision will then be made on constructing a NutraCycle process. The announcement includes forward-looking statements, highlighting potential risks and uncertainties in future outcomes. Carbiotix is committed to publicly sharing this information under EU regulations. The company focuses on upcycling plant-based side-streams to promote health through increased consumption of prebiotics and other active ingredients.
