'First of all, you need a kick-ass product...'
It's keeping its cards close to its chest, but astaxanthin is not the only game in town for AlgaTech, notes CEO Hagai Stadler, who said we've barely scratched the surface when it comes to realizing the potential of algae as a source of proteins, oils, colors, nutraceuticals and other ingredients.
"There are 500,000 species of microalgae out there, but only a handful have been commercialized.. there's a treasure trove out there that could be unlocked."
He won't say what other species and products AlgaTech is working on but confirmed that the company is exploring products that could be grown in fermentation tanks rather than photobioreactors.
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