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Extraction of fat soluble compounds from biological material

Reference number
Coordinator SwePharm AB
Funding from Vinnova SEK 500 000
Project duration May 2014 - January 2015
Status Completed
Venture Challenge-Driven Innovation – Stage 1 initiation

Purpose and goal

Development of new products based on biological materials is hampered due to lack of production that is quality assured. Initiatives has been taken to create a platform for production of lipid soluble components; based on interaction between partners in order to adjust processes to industrial requirements of quality, to test green technologies and to investigate market aspects for export. The constellation has been increased to cover both pharmaceutical ingredients and technical oils.

Results and expected effects

The results show important factors for ability to compete correlated to refinement of biological materials and processes for lipid extraction; - focus on high-value ingredients - quality assured processes for production - biological origin as a growth factor; 13-17% yearly growth for some product segments - environmental growth factors; green technology create values for the customer - processes that on the long term handle GMO-materials, a pre-requisite for same biological technical oils

Approach and implementation

During the project the competence for market analyses has been enforced and key factors in order to achieve the goals in the phase of collaboration has been identified. New partners are included in the constellation and will participate in the activities planned for the collaboration phase. E.g. the competences to effectuate the results and technical entrepreneurship have been enforced. The constellation now also includes the application of technical oils. A first version of a technical agreement has been set in place as a legal guidance for the collaboration in the next step.

The project description has been provided by the project members themselves and the text has not been looked at by our editors.

Last updated 25 November 2019

Reference number 2014-00654

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