...pleased to announce that it has entered into a non-disclosure agreement with GRAS Associates, LLC, including discussions intended to expedite the regulatory approval of the Company's stevia extracts, particularly those manufactured through fermentation-based processes.
GRAS is an acronym for the phrase "Generally Recognized As Safe". The phrase was used in the 1958 Food Additives Amendment to the Federal Food Drug and Cosmetic Act ("FD&C Act") to exempt certain food ingredients from the definition of food additive.
GRAS Associates, LLC CEO & CO-Founder Robert McQuate, Ph.D. states that, "We are pleased to have this interaction with Stevia First as they advance plans to obtain GRAS status. We are very familiar with the stevia industry and related technologies, and so the path to compliance is clearly delineated. We look forward to the process and a positive outcome."
Company CEO Robert Brooke also comments, "By introducing GRAS Associates into the process, we can gain significant access to knowledgeable scientific expertise that is directly familiar with the regulatory approval process. For us, the goal is all about moving rapidly ahead towards commercialization, and such GRAS approvals are a key component for widespread market adoption."