Company Profile

Algaen Corporation
Profile last edited on: 2/1/19      CAGE: 47SC9      UEI: QVLCAHL1KA74

Business Identifier: Exploring pharmaceutical uses of a protein derived from algae
Year Founded
2002
First Award
2003
Latest Award
2016
Program Status
Inactive
Popularity Index
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Location Information

925 West Northwest Boulevard
Winston-Salem, NC 27101
   (336) 577-4354
   algaencorp@gmail.com
   www.algaen.com
Location: Single
Congr. District: 05
County: Forsyth

Public Profile

Housed in the NC Biotech Center, Algaen Corporation is focused on utilizing microalgae to develop, produce, and market cutting-edge products and innovative technologies for nutraceutical and pharmaceutical applications. he firm has developed a biofuel production system using oil rich microalgae as a feedstock. Principals are also looking at nutraceutical products involving omega-3 fatty acids and astaxanthin. The effort is to employ product development capabilities and innovative manufacturing technologies to commercialize microalgae-based high-value products for human health and nutrition. Achieved products include AlgaBerry™, natural antioxidant-astaxanthin, and omega-3 fatty acids. By using microalgae as an alternative expression system for production of recombinant therapeutic proteins, vaccines and enzymes, the firm are able to produce high quality protein products with cheaper cost in large quantit

Extent of SBIR involvement

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Synopsis: Awardee Business Condition

Employee Range
1-4
Revenue Range
Less than .5M
VC funded?
No
Public/Private
Privately Held
Stock Info
----
IP Holdings
N/A

Awards Distribution by Agency