VG Energy Starts Selling LipidMax™ for Algae Growth
September 13, 2012
iral Genetics’ majority-owned subsidiary, VG Energy, has contracted with Eno Research Chemicals & Custom Synthesis Group for production of its LipidMax™ lipid enhancement compound for commercial and research end-users worldwide.
LipidMax, the first product marketed by VG Energy, is a lipid-enhancement compound for use in the production of oils from algae, corn, palm, and other plants or plant-like organisms and is based on the Company’s exclusively licensed Metabolic Disruption Technology (MDT).
According to the company, independent testing has shown that, when treated with LipidMax, the yields from several algae and algae-like species including Schizochytrium, Prymnesium parvum, and Chlamydomonas reinhardtii, have shown significant increases in oil (lipid) yields. The Company believes that LipidMax should generate oil-enhancing results in most other species of plants and plant-like organisms, and is continuing testing to validate and quantify this.
The company joins a newly emerging category of businesses called “intermediates”1 in the biofuels and bio-chemical sectors. These products can be utilized in the production of an array of fuels, chemicals, flavors, fragrances and other end products. Intermediates constitute building blocks and intermediate steps upon which other processes and products are built, and as such can become integral to building the value chain in these rapidly growing bio-based industries.
Haig Keledjian, Viral Genetics’ CEO said, “This marks the transition to commercialization from a purely research based company and we are very pleased and excited to now commence sales of our LipidMax product to customers in the bio-fuels, and high quality edible and nutraceutical oil markets.”
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