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Market Updates

LycoRed Group Acquires Vitan

LycoRed, Orange, NJ, has announced the acquisition of Vitan Ltd. based in the Dnepropetrovsk area of Ukraine. Vitan’s expertise is in fermentation of blakeslea trispora fungus to produce beta carotene biomass and other types of natural, GMO-freecarotenoid biomass. Beta carotene biomass is an essential raw material for production of beta-carotene-based products for various applications in food, food fortifications and dietary supplements. 

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