Nutraceuticals is the use of vitamins and nutritious products to improve human or animal health. The nutraceutical business is developing active ingredients for the following market segments:
- Human Dietary Supplements - eg vitamin capsules and tablets
- Animal Dietary Supplements - eg an all - natural feed formula for dairy cattle
- Functional Foods and Beverages - eg nutritionally enhanced foods
The route to market for Phosphagenics’ nutraceutical products is through partnering with companies that have established distribution networks within the relevant market segments. Phosphagenics does not intend to become a direct marketer of products to consumers, and aims to manufacture and supply the active ingredients to its partners or distributors where commercially feasible.