Health & Fitness
Fri, March 1, 2013Thu, February 28, 2013Wed, February 27, 2013Tue, February 26, 2013Mon, February 25, 2013Sun, February 24, 2013Sat, February 23, 2013Fri, February 22, 2013Thu, February 21, 2013Wed, February 20, 2013Tue, February 19, 2013Mon, February 18, 2013Sun, February 17, 2013Fri, February 15, 2013Thu, February 14, 2013Wed, February 13, 2013Tue, February 12, 2013Mon, February 11, 2013Sun, February 10, 2013Fri, February 8, 2013Thu, February 7, 2013Stellar Biotechnologies Exceeds Aquaculture Capacity Goals
Published in Health and Fitness on Tuesday, February 19th 2013 at 5:16 GMT by Market Wire
February 19, 2013 08:05 ET
Stellar Biotechnologies Exceeds Aquaculture Capacity Goals
Facility Expansion and Cultivation Innovations Ensure Supply Leadership
PORT HUENEME, CA--(Marketwire - Feb 19, 2013) - Stellar Biotechnologies, Inc. ("Stellar" or "the Company") (
For the year ending 2012, Stellar exceeded its aquaculture hatchery goal by nearly 30%, the combined result of expanded facilities and new methods related to the cultivation of the Giant Keyhole Limpet (Megathura crenulata).
The Giant Keyhole Limpet is a scarce sea mollusk and the sole source for KLH, a vitally important, immune-stimulating protein
Following expansion of Stellar's physical plant in 2011, the Company developed new and proprietary methods for cultivating limpets that ensures unprecedented survival rates of this important natural resource. Stellar's hatchery innovations and controlled conditions have optimized the Company's production; increasing yields and setting the stage for long-term KLH capacity while reducing environmental impact.
The net result, given sufficient funding, is to accelerate Stellar's projected KLH production capacity to as much as 5 kilograms per year within the next four years, to 20 kilograms per year a few years later.
"This positions Stellar as the only company that will be capable of supplying GMP grade KLH that can meet the anticipated long-term demand within the pharmaceutical industry," said Frank Oakes, President and CEO. "This is a testament to our customer focus and operational excellence."
"Exceeding aquaculture capacity ahead of schedule means we will be prepared to ensure scalable supplies of the highest quality KLH for our pharmaceutical partners," said Brandon Lincicum, Stellar Executive Director of Aquaculture.
For more information:
Visit [ www.StellarBiotech.com ] and the KLH knowledge base [ www.KLHSite.com ].
About Stellar Biotechnologies, Inc.
Stellar Biotechnologies, Inc. (
Forward Looking Statements
There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Readers should not place undue reliance on such statements. Except in accordance with applicable securities laws, the Company expressly disclaims any obligation to update any forward-looking statements or forward-looking statements that are incorporated by reference herein. This news release does not constitute an offer to sell, or a solicitation of an offer to buy any of the Company's securities set out herein in the United States, or to, or for the benefit or account of, a U.S. Person or person in the United States. Neither TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of these releases.
