Just months after production first began, scientists have given Veramaris' algal oil generally recognized as safe approval. As part of the process, an expert panel analyzed the natural marine algal oil, which contains the vital EPA and DHA Omega-3 fatty acids.

GRAS is a Food and Drug Administration designation embedded in the U.S. Code of Federal Regulations.

Fish farmers in the U.S. now will be able to enrich their fish with domestically produced Veramaris' natural algal oil and reduce their reliance on an increasingly volatile supply of imported fish oils. It also provides consumers with more nutritious and healthy seafood.

The team at the Veramaris production facility in Nebraska has been ramping up production this year. The company has put in place special measures to ensure that the manufacturing process is not affected by COVID-19.

"We are all pleased that, as expected, our natural algal oil now has GRAS approval. It is another important milestone in our journey and means the U.S. aquaculture industry has a guaranteed source of algal oil in these very uncertain times," Karim Kurmaly, Veramaris CEO, said.

"I also want to thank the men and women at our site in Blair who are ensuring that despite of the restrictions imposed by coronavirus, we are able to continue to increase production to meet growing demand from our customers. We are grateful for all their efforts."

So far this year, the Blair site has produced almost twice the algal oil volumes as last year's entire production from across the three Veramaris sites.

Source: Veramaris, which is solely responsible for the information provided and is wholly owned by the source. Informa Business Media and all its subsidiaries are not responsible for any of the content contained in this information asset.