[USA] ZIVO Bioscience, Inc. ( OTCQB : ZIVO ), a company dedicated to the development and commercialization of nutritional compounds and bioactive molecules derived from its proprietary algal strains, and NutriQuest LLC, an innovative leader in animal health and nutrition solutions, announced the execution of a Letter of Intent to jointly develop and test animal nutrition products derived from the proprietary ZIVO algae strain.
Both firms have committed to enter into a definitive agreement that grants NutriQuest a worldwide license to market the products under its brand name. Product formulation and validation may begin as early as February 2017 in NutriQuest facilities.
This product initiative helps speed ZIVO’s entry into global markets and significantly enhances adoption of any new products emanating from the joint effort. NutriQuest has built a successful solutions-oriented practice with global reach, providing the credibility and market visibility that only a well-established brand name in animal health and nutrition can command.
A forthcoming announcement and regulatory filing regarding the summary of terms will be made available upon execution of the definitive agreement, which is expected in the next few weeks. ZIVO is ramping up production of algal biomass in preparation for the needs of the joint effort.
View original article at: ZIVO Bioscience and NutriQuest pursue new feed solutions for poultry and swine nutritional applications