date:Feb 19, 2013
Grovepoint, a private investment company headquartered in the UK, has acquired a majority stake in Algatechnologies of Israel, who specilaise in the commercial cultivation of microalgae and who manufacture AstaPure, a natural astaxanthin.
Astaxanthin is said to be a powerful natural antioxidant with health benefits in several health conditions related to joint and muscle function, skincare health, cardiovascular health and more. Astaxanthin is already established in Japanese health food product