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Kraft Enters Innovation Deal

January 16, 2009: 04:52 PM EST
Kraft Foods Global Inc has teamed with Medisyn Technologies Inc in a bid to stay ahead of the game in innovative functional foods. The research and licensing partnership is expected to enable faster and less costly development of new functional food ingredients, says Medisyn. The arrangement covers "bioactive discovery with development and commercialization milestones, as well as post-commercialization payments”.
Karlene Lukovitz, "Kraft Fast-Forwards Functional Foods", January 16, 2009, © MediaPost Communications
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