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Company News Summary

Nufarm Welcomes First Regulatory Approval for Plant-Based Long Chain Omega-3

13 Feb 2018  |  12:21:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Nuseed omega-3 canola - Australian regulatory approval

Nufarm announced that approval has been granted for the production and use in feed and human consumption of the Company's proprietary omega-3 canola. Developed by Company's subsidiary Nuseed, in collaboration with the Commonwealth Scientific and Industrial Research Organisation (CSIRO) and the Grains Research and Development Corporation (GRDC), this omega-3 canola is the plant-based source of long-chain omega-3 fatty acids. The Australian Office of Gene Technology Regulator (OGTR) announced that Nuseed's omega-3 canola has been approved for cultivation and use in animal feed. Food uses of the omega-3 canola have been reviewed by Food Standards Australia NZ (FSANZ), with approval granted for sale and use in food in Australia and NZ.

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