Featured in the Explorer Project Promoting Green Technology
Oslo, 3 March 2021 – Arctic Bioscience is featured in the government initiated Explorer Project. On a mission to make Norway a sustainability pioneer globally, Innovation Norway launched The Explorer – a marketplace promoting green technology. All companies presented have solid ESG footprints and solutions linked to specific Sustainable Development Goals.
“Arctic Bioscience is a forward-thinking, innovative company, and we are committed to sustainability throughout the entire value chain. It is exciting to be a part of Norway’s green transition," says Ole Arne Eiksund, CEO of Arctic Bioscience.
An ESG Footprint to be Proud of
The team has developed technology that allows us to utilize the unique chemical composition of herring roe. This raw material was previously considered waste from herring fillet production. With our proprietary extraction methods, herring roe is now utilized to create high-quality extracts for both nutraceutical products and pharmaceutical development. This leaves a robust ESG footprint we are proud of.
“We are proud of our ESG footprint and pleased to be recognized for the value we create. The Explorer will be an important arena promoting green growth, and we are excited to be a part of it”, says Eiksund.
In 2020 Arctic Bioscience received the annual Siva-award for promoting green growth. The award was announced by the Minister of Industry and Trade, Iselin Nybø.
About Arctic Bioscience
Arctic Bioscience is a biotech company founded based on specialised know-how and competence on the unique properties of bioactive marine compounds, and has developed a proprietary platform technology that serves two unique businesses developing products for pharmaceutical and nutraceutical application. The Company is strategically located in Ørsta on the West Coast of Norway providing direct access to the raw material, and is led by a team with 30+ years of pharma and marine extracts experience.