RANCHO SANTA MARGARITA, Calif., April 17, 2018 /PRNewswire/ -- SweeGen, a nature-based sweetener company, announced today that the Federal Commission for Protection Against Health Risks (COFEPRIS), led by Julio Sánchez y Tepoz, has approved SweeGen's next-generation, non-GMO Reb D sweetener derived from the stevia leaf for use in food and beverage categories already approved for steviol glycosides.
This follows a review of the composition and manufacturing process of SweeGen's non-GMO Reb D stevia leaf sweetener, with documentation submitted to the organization earlier this year. SweeGen's Reb D has received positive regulatory feedback from multiple countries in a short timeframe and is now approved in the US, Peru and Mexico, with pending world-wide approvals. The company's non-GMO Reb M stevia leaf sweetener already received approval by COFEPRIS in 2017. SweeGen uses a proprietary bio-conversion process to produce both of its high-purity sweeteners.
According to the OECD Health Statistics 2017, Mexico had one of the highest obesity rates worldwide. In June 2014, the country introduced a sugar tax and food and beverage manufacturers have since looked for ways to replace the sugar with zero-calorie alternatives. Reb D brings a clean sweetness from the stevia leaf, a great sugar-like taste and a sweetness time-intensity very similar to sugar. It can be used in a variety of applications such as dairy, bakery, table-top sweeteners, confectionary and beverages as well as nutritional foods and beverages.
"Consumers want great tasting alternatives to sugar that are plant-based and non-GMO," said Katharina Pueller, director, natural sweetener business of SweeGen. "By using our non-GMO Reb M and Reb D stevia sweeteners, food and beverage manufacturers in Mexico can now provide healthier, reduced-calorie products without compromising taste."
SweeGen (OTC: SWEE) is dedicated to the development, production and distribution of non-caloric sweeteners for the food, beverage and flavor industries. SweeGen's robust product pipeline, intellectual property portfolio, dedicated manufacturing capacity and R&D provide the company its foundation for innovation and delivery of high-quality sweeteners. For more information, please contact firstname.lastname@example.org or visit SweeGen's website www.sweegen.com.
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This press release contains forward-looking statements including statements regarding the future outlook and performance of SweeGen, Inc., and other statements based on current management expectations, estimates and projections. These statements are subject to a variety of risks and uncertainties, are not guarantees and are inherently subject to various risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. These risks and uncertainties include, without limitation, those that may be discussed from time to time in the company's filings with the Securities and Exchange Commission. The forward-looking statements included in this news release are only made as of the date of this release, and SweeGen, Inc. disclaims any obligation to publicly update any forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
SOURCE SweeGen, Inc.