Vancouver-based LeanLife is developing Omega-3 products as oil, powder or emulsion to be used as food additives. The company has developed a patented process to isolate Omega-3 fatty acids from flax (linen) seeds.
In February, LeanLife signed a letter of intent with Ecovatec to use its manufacturing facility in Abbotsford, British Columbia.
LeanLife expects the testing at the Ecovatec facility to start within a few weeks and said it will use the opportunity to validate a “new high-volume, high-efficiency” sanitary manufacturing process.
The testing process has the potential to create new intellectual property for the company to improve its patented process to isolate Omega-3 fatty acids from flax seeds and create products.
Following a successful trial run of the new process, samples will be evaluated by an ISO 17025 accredited lab operating with a Health Canada license to ensure product quality and specifications, said the company.
“The signing of this testing agreement is another significant step forward for LeanLife Health as it moves the company closer to the commercialization of its unique plant-based Omega-3 food products,” said LeanLife Health CEO Stan Lis. “It allows for the validation and potential improvement of LeanLife’s manufacturing process in a state-of-the-art facility; and the creation of the high-quality, lab-certified samples our customers have been requesting.”
Initial production at the Ecovatec facility using equipment and technology supplied by LeanLife in a toll-processing arrangement maintains protection of LeanLife’s intellectual property.
Using the Ecovatec facility with its own equipment allows LeanLife to avoid the overhead costs and capital required to acquire its own production facility while allowing for the commercialization of its plant-based food products.
“Following a definitive agreement for contract manufacturing, LeanLife intends to begin filling existing product orders, marketing to prospective customers and generating revenues,” said Lis.
The global market for food and beverages with the Omega-3 “wonder fat” is pegged at more than $106 billion, according to data firm Statista.
Contact Uttara Choudhury at [email protected]