RDC announces its investment to Semintha Nutraceuticals Ltd.

Photo: Dr. Jiankang Wang (Research Scientist) with Honourable Terry French Minister (Innovation, Business and Rural Development)

Photo: Dr. Jiankang Wang (Research Scientist) with Honourable Terry French Minister (Innovation, Business and Rural Development)

The Research & Development Corporation (RDC) announced its investment to Semintha Nutraceuticals Ltd. in assisting the investigation of formulation and commercialization of value-added health products containing birch tree sap and other natural biomass bio-actives. Through the Voucher project Semintha will engage the services of Bio|Food|Tech (BFT), a nationally accredited food and bio-processing lab owned by the Government of Prince Edward Island. BioFoodTech will provide technical assistance in developing a birch sap beverage product blended with fruit concentrate. The investment to this project is $12,437 with total project costs of $16,583.

Honourable Terry French, Minister of Innovation, Business and Rural Development, together with Glenn Janes, Chief Executive Officer of RDC, announced  the investments.

More details regarding RDC investment press conference see http://www.rdc.org/news/2014/news_03_05_2014.htm