date:May 29, 2012
Neptunes production technology in return for an upfront payment plus ongoing royalty payments.
Publicly listed SKFC, which is 43% owned by a government-owned fishing conglomerate, has a large fleet of vessels for krill harvesting in the Antarctic Ocean, which will secure supply to Neptune-SKFC Biotechnology as well as Neptune.
Patent protection
Neptune, which started trading on the Toronto Stock Exchange last year, has recently secured two US patents covering its krill oil extracts.
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