Kerry Announces Partnership to Commercialize Renaissance Acrylamide-Reducing-Yeast Technology
Naas, Ireland and Vancouver, Canada, December 5, 2018 – Kerry, the Taste & Nutrition company, has signed a license agreement with Renaissance BioScience Corp to supply Renaissance’s Acryleast, a non-GMO acrylamide-reducing yeast enzyme, to food and beverage manufacturers*, commencing in Q1 2019.
Acryleast is a natural, non-GMO yeast enzyme that reduces acrylamide by up to 90% in a range of food and beverage products, including biscuits, crackers,French fries, potato crisps, coffee, infant food and more. This clean label, effective and versatile solution has no or minimal changes to manufacturing processes and no impact on flavour, aroma and texture.
This license agreement is quite timely given new EU acrylamide regulations, which came into effect in April 2018, and California’s Proposition 65, which requires “potentially harmful” warning labels relating to acrylamide (on food and beverage packaging or in food outlets).
Mike Woulfe, VP Business Development Enzymes, at Kerry comments, “We are delighted to announce Kerry’s partnership with Renaissance, an innovative life science company. Their non-GMO approach to acrylamide reduction fits very well with our clean-label strategy. We look forward to bringing this effective solution for acrylamide reduction of up to 90%, to food producers around the globe.”
Dr. Cormac O’Cleirigh, Chief Business Development Officer at Renaissance BioScience Corp comments: “Kerry is a world leader in the food and beverage industry and are an ideal partner for us to globalise Acryleast, our non-GMO acrylamide-reducing yeast enzyme. As anticipated, there has been very high interest from food manufacturers globally for Acryleast, given changing regulations and consumer pressure. We look forward to working with Kerry and leveraging their extensive global footprint to bring Acryleast to even more customers.”
*Orkla Food Ingredients has a license agreement with Renaissance BioScience Corp to promote their acrylamide-reducing yeast enzyme to the Nordic and Eastern European market.
Kerry, the Taste & Nutrition company, offers solutions that nourish lives all over the world. From humble beginnings as an Irish dairy co-operative, Kerry has grown into a large international food industry leader, with offices in 30 countries, 135 manufacturing facilities and an employer to over 25,000 people globally, including over 900 food scientists. We bring to the table our strong food heritage, coupled with 40 years of experience, global insights and market knowledge, culinary and applications expertise as well as our unique solutions to anticipate and address our customers’ needs. For more information, visit Kerry.com.
About Renaissance BioScience Corp.
Renaissance BioScience Corp., based in Vancouver, Canada, is a privately held applied life sciences company that develops novel, yeast-based, patent-protected technologies for the global food, beverage, nutrition, biofuel, agtech and pharmaceutical industries. Detailed information about the Renaissance group of companies can be accessed at www.renaissancebioscience.com.
For more information:
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Renaissance BioScience Corp.
Campbell & Company Strategies Inc.
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