BlueOcean and Neptune Sign Licensing Agreement.

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Bibliographic Details
Title: BlueOcean and Neptune Sign Licensing Agreement.
Authors: Marketwired
Source: Marketwire (English). 10/20/2014.
Abstract: TORONTO, ONTARIO -- (Marketwired) -- 10/20/14 -- BlueOcean NutraSciences Inc. ("BlueOcean") (TSX VENTURE: BOC) announces the signing of an exclusive world-wide, royalty-bearing, non-transferable, License Agreement ("License") under Neptune's composition and extraction patents on the production and sale of marine derived oil products containing phospholipids. The License allows BlueOcean and its shrimp joint venture affiliate to produce and sell shrimp oil products extracted from three species of North Atlantic cold water shrimp (Pandalus borealis, Pandalus montagui, and Pandalus jordani) in the nutraceutical, dietary ingredients, natural health products, functional food and food supplements markets. The medical food, drugs and drug product markets are not included. [ABSTRACT FROM PUBLISHER]
Database: Newspaper Source Plus
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Abstract:TORONTO, ONTARIO -- (Marketwired) -- 10/20/14 -- BlueOcean NutraSciences Inc. ("BlueOcean") (TSX VENTURE: BOC) announces the signing of an exclusive world-wide, royalty-bearing, non-transferable, License Agreement ("License") under Neptune's composition and extraction patents on the production and sale of marine derived oil products containing phospholipids. The License allows BlueOcean and its shrimp joint venture affiliate to produce and sell shrimp oil products extracted from three species of North Atlantic cold water shrimp (Pandalus borealis, Pandalus montagui, and Pandalus jordani) in the nutraceutical, dietary ingredients, natural health products, functional food and food supplements markets. The medical food, drugs and drug product markets are not included. [ABSTRACT FROM PUBLISHER]