Why responsible innovation means asking whether yesterday's formulations still reflect today's best science—not just launching the next new ingredient.
|Articles|August 24, 2011
Cyanotech Profits Rise for Natural Astaxanthin, Spirulina
Net sales are up 54% for microalgae supplier Cyanotech Corp. (Kailua-Kona, HI) compared to last year, the company recently announced.
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Net sales are up 54% for microalgae supplier
The first quarter of fiscal year 2012 (ending June 30, 2011) brought in $5,950,000 compared to $3,856,000 during the same quarter for fiscal year 2011.
Cyanotech produces
“The significant increases in packaged product sales are attributed to our focus on the growing consumer market for health and nutrition supplement products, combined with recent media reports regarding the benefits of both astaxanthin and spirulina,” the company said in a recent press statement.
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