Provexis: Fruitflow Gets Further European Food Safety Approval

26th Jul 2010 07:33

LONDON (Dow Jones)--Provexis PLC (PXS.LN), a company which focuses on the discovery, development and licensing of scientifically-proven functional food, medical food and dietary supplement technologies, Monday announces a widening of the European Food Safety Authority (EFSA) opinion on the Company's lead product, Fruitflow. MAIN FACTS: -In order to ensure the broadest commercial opportunity for the technology, the Company submitted a supplementary dossier to gain formal approval for usage of Fruitflow in dietary supplement formats (which includes tablets, capsules and sachets). -EFSA has now approved this dossier, giving authority for the health claim to be extended to usage in dietary supplements. -This new approval, in addition to further endorsing Provexis' credentials in the development of scientifically-proven functional foods, also underpins the prospects for the commercial launch of the technology by DSM. -Shares closed Friday at 3.3 pence. By Iain Packham, Dow Jones Newswires; 44-20-7842-9269; [email protected] (END) Dow Jones Newswires July 26, 2010 02:33 ET (06:33 GMT)