{"id":772876,"date":"2023-07-27T00:04:28","date_gmt":"2023-07-27T04:04:28","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/zivo-commences-sales-of-its-proprietary-algal-biomass-as-human-food\/"},"modified":"2023-07-27T00:04:28","modified_gmt":"2023-07-27T04:04:28","slug":"zivo-commences-sales-of-its-proprietary-algal-biomass-as-human-food","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/zivo-commences-sales-of-its-proprietary-algal-biomass-as-human-food\/","title":{"rendered":"ZIVO Commences Sales of its Proprietary Algal Biomass as Human Food"},"content":{"rendered":"

<\/p>\n

ZIVO Commences Sales of its Proprietary Algal Biomass as Human Food<\/b><\/p>\n

Signs manufacturing agreement to grow and process algal biomass, enters into distribution agreement for branded DTC sales of Zivolife<\/i><\/b>TM<\/sup><\/i><\/p>\n

BLOOMFIELD HILLS, Mich.–(BUSINESS WIRE<\/a>)–Zivo Bioscience, Inc. (NASDAQ: ZIVO) (\u201cZIVO\u201d or the \u201cCompany\u201d),<\/b> a biotech\/agtech R&D company engaged in the development of therapeutic, medicinal and nutritional product candidates derived from proprietary algal cultures, announces the commercialization of its proprietary algal biomass as a food or food ingredient.<\/p>\n

\nZIVO has engaged an independent distributor, ZWorldwide, Inc., who will launch the product, branded ZivolifeTM<\/sup>, with an initial focus on North America. ZIVO and ZWorldwide are parties to an exclusive commercial agreement that is expected to result in ongoing product sales by ZIVO.<\/p>\n

\nZIVO also announces the signing of a contract manufacturing agreement with Alimenta Algae SAC (\u201cAlimenta Algae\u201d) to grow and process the algal biomass at facilities previously utilized by ZIVO for development in Peru. Alimenta Algae is the microalgae subsidiary of Grupo Alimenta, a global, multi-generational, family-run agribusiness with headquarters in Lima, Peru.<\/p>\n

\n\u201cZivolifeTM<\/sup> is the Company\u2019s first revenue-generating product, and its commercial availability and the establishment of a cohesive supply chain marks our entry into the global algae food market. After years of rigorous R&D and product testing, we\u2019re proud to make ZivolifeTM<\/sup> available to consumers who are looking for a sustainable, whole-food product that delivers a wide range of nutrients that contribute to their overall health. We look forward to growing the market for ZivolifeTM<\/sup>, launching more products based on our proprietary algae, and will also continue to aggressively pursue the opportunities we have in the biotech and pharma markets,\u201d said John Payne, CEO and Chairman of ZIVO Bioscience.<\/p>\n

\nThe global food and beverage microalgae market is projected to reach $247 million by 2033. The Company\u2019s dried algal powder is a whole-food entrant into this fast-growing and premium segment. The rapid growth in demand for plant-based protein sources is being driven by trends in healthy living, environmental sustainability and ethical considerations. The target market for ZivolifeTM<\/sup> is consumers of microalgae and so-called \u201cgreen drinks\u201d who would benefit from a whole-food supplement to their diet, as well as conscious consumers who value sustainable products with exceptional nutritional profiles.<\/p>\n

\n\u201cZWorldwide is delighted to partner with ZIVO Bioscience to bring ZivolifeTM<\/sup> to market for the first time. This is a premium product in the microalgae market as ZivolifeTM<\/sup> is a proprietary algae strain. Consumers are increasingly looking for nutrient-dense whole foods to supplement their diets. With our team\u2019s expertise in DTC sales, e-commerce and brand marketing we are looking forward to helping grow this exciting category in cooperation with ZIVO,\u201d said Greg Consiglio, Chairman of ZWorldwide.<\/p>\n

\n\u201cAlimenta Algae is looking forward to bringing our international agriculture expertise to support the scaleup of ZivolifeTM<\/sup>. Our prior experience with microalgae along with our commitment to food quality and safety will ensure that ZivolifeTM<\/sup> is a high-quality, premium product,\u201d said Vasco Masias, President of Grupo Alimenta and Alimenta Algae, SAC. \u201cAlimenta Algae has worked extensively with microalgaes through its pursuit of sustainable superfoods, and believes this partnership with ZIVO will bring much-needed products to the food market.\u201d<\/p>\n

\nZivolifeTM<\/sup> is natural, non-GMO and a source of plant-based protein, naturally occurring beta glucan and fiber. ZIVO\u2019s dried microalgae is a source of essential amino acids, polyphenols, iron, potassium and vitamins A, E and B12. ZivolifeTM<\/sup> supports digestive and gut health and helps to support a healthy immune system. It has a mild taste compared with other microalgae and has been tested as shelf stable for up to two years. ZivolifeTM<\/sup> is 100% made from ZIVO\u2019s proprietary microalgae. For more information about ZWorldwide and ZivolifeTM<\/sup>, please visit www.zivo.life<\/a>.<\/p>\n

\nZivolifeTM<\/sup> is cultivated at a single-source, sustainable aquaculture facility in the foothills of the Peruvian Andes Mountains using proprietary cultivation processes developed in partnership with ZIVO. The partnership has established quality-control testing at facilities in Ica, Peru, Ft. Myers, Florida and certified third-party laboratories. ZivolifeTM<\/sup> will initially be available in limited quantities as ZIVO scales up production. For more information about Grupo Alimenta, please visit www.alimenta.pe<\/a>.<\/p>\n

\nThe revenue received under the agreements described in this news release is expected to fund ZIVO\u2019s ongoing development of therapeutic and pharmaceutical product candidates. ZIVO Bioscience is currently working to complete its latest coccidiosis treatment study in broiler chickens as part of its efforts to secure a corporate partnership for this application.<\/p>\n

About ZIVO Bioscience<\/b><\/p>\n

\nZIVO Bioscience is a research and development company with an intellectual property portfolio comprised of proprietary algal and bacterial strains, biologically active molecules and complexes, production techniques, cultivation techniques and patented or patent pending inventions for applications in human and animal health. Please visit www.zivobioscience.com<\/a> for more information.<\/p>\n

Forward-Looking Statements<\/b><\/p>\n

\nExcept for any historical information, the matters discussed in this press release contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Although ZIVO believes that we have a reasonable basis for each forward-looking statement, we caution you that these statements are based on a combination of facts and factors currently known by us and our expectations of the future, about which we cannot be certain. Our actual future results may be materially different from what we expect due to factors largely outside our control, including risks that our strategic partnerships may not facilitate the commercialization or market acceptance of our products; risks that our products may not be ready for commercialization in a timely manner or at all; risks that our products will not perform as expected based on results of our pre-clinical and clinical trials; our ability to raise additional funds; uncertainties inherent in the development process of our products; changes in regulatory requirements or decisions of regulatory authorities; the size and growth potential of the markets for our products; the results of clinical trials, our ability to protect our intellectual property rights and other risks, uncertainties and assumptions, including those described under the heading \u201cRisk Factors\u201d in our filings with the Securities and Exchange Commission. These forward\u2013looking statements speak only as of the date of this press release and ZIVO undertakes no obligation to revise or update any forward\u2013looking statements for any reason, even if new information becomes available in the future.<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20230726035045\/en\/<\/a><\/span><\/p>\n

ZIVO Bioscience
\n<\/b>
Keith Marchiando, Chief Financial Officer
\n
(248) 452-9866 x130
\n
kmarchiando@zivobioscience.com<\/a><\/p>\n

LHA Investor Relations
\n<\/b>
Tirth T. Patel
\n
(212) 201-6614
\n
tpatel@lhai.com<\/a><\/p>\n

KEYWORDS:<\/b> Peru United States South America North America Michigan<\/p>\n

INDUSTRY KEYWORDS:<\/b> Research Technology Agritech Fitness & Nutrition Biotechnology Health Agriculture Natural Resources Science Food Tech<\/p>\n

MEDIA:<\/b><\/p>\n\n","protected":false},"excerpt":{"rendered":"

ZIVO Commences Sales of its Proprietary Algal Biomass as Human Food Signs manufacturing agreement to grow and process algal biomass, enters into distribution agreement for branded DTC sales of ZivolifeTM BLOOMFIELD HILLS, Mich.–(BUSINESS WIRE)–Zivo Bioscience, Inc. (NASDAQ: ZIVO) (\u201cZIVO\u201d or the \u201cCompany\u201d), a biotech\/agtech R&D company engaged in the development of therapeutic, medicinal and nutritional product candidates derived from proprietary algal cultures, announces the commercialization of its proprietary algal biomass as a food or food ingredient. ZIVO has engaged an independent distributor, ZWorldwide, Inc., who will launch the product, branded ZivolifeTM, with an initial focus on North America. ZIVO and ZWorldwide are parties to an exclusive commercial agreement that is expected to result in ongoing product sales by ZIVO. ZIVO … <\/p>\n

Continue reading “ZIVO Commences Sales of its Proprietary Algal Biomass as Human Food”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-772876","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nZIVO Commences Sales of its Proprietary Algal Biomass as Human Food - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/zivo-commences-sales-of-its-proprietary-algal-biomass-as-human-food\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ZIVO Commences Sales of its Proprietary Algal Biomass as Human Food - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"ZIVO Commences Sales of its Proprietary Algal Biomass as Human Food Signs manufacturing agreement to grow and process algal biomass, enters into distribution agreement for branded DTC sales of ZivolifeTM BLOOMFIELD HILLS, Mich.–(BUSINESS WIRE)–Zivo Bioscience, Inc. (NASDAQ: ZIVO) (\u201cZIVO\u201d or the \u201cCompany\u201d), a biotech\/agtech R&D company engaged in the development of therapeutic, medicinal and nutritional product candidates derived from proprietary algal cultures, announces the commercialization of its proprietary algal biomass as a food or food ingredient. ZIVO has engaged an independent distributor, ZWorldwide, Inc., who will launch the product, branded ZivolifeTM, with an initial focus on North America. ZIVO and ZWorldwide are parties to an exclusive commercial agreement that is expected to result in ongoing product sales by ZIVO. 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