Biotechnology for Commercial Production of Edible Nostoc as a New Aquatic Crop Plant

Award Information
Agency:
Department of Agriculture
Branch
n/a
Amount:
$75,000.00
Award Year:
2003
Program:
SBIR
Phase:
Phase I
Contract:
2003-33610-13034
Agency Tracking Number:
2003-00102
Solicitation Year:
n/a
Solicitation Topic Code:
n/a
Solicitation Number:
n/a
Small Business Information
Algaen Corporation
3488 Bramlet, Clemmons, NC, 27012
Hubzone Owned:
N
Socially and Economically Disadvantaged:
N
Woman Owned:
N
Duns:
n/a
Principal Investigator:
Fan Lu
(336) 716-4609
lf123onc@yahoo.com
Business Contact:
Fan Lu
Chief Scientist Officer
(336) 716-4609
LF123ONC@YAHOO.COM
Research Institution:
n/a
Abstract
NON-TECHNICAL SUMMARY: Nostoc commune is an edible cyanobacterium forming the spherical macrocolony, which is used as a potent herbal medicine and dietary supplement. Due to its nutraceutical and pharmacological value, the N. commune has received increasing attention, and the market demand has grown drastically during the last decade. However, low yield and unstable quality caused by inadequate production methods has prevented the further expansion of Nostoc commune in nutraceutical and pharmaceutical markets. In Algaen Corporation, we propose that Nostoc commune could be explored as a new crop plant used for nutrition food and herbal medicine by cultivating in a suitable photobioreactor on a commercial scale, using innovations in microalgal biotechnology. The technology developed from this project will enable us to launch commercial production of high quality edible Nostoc commune as an effective while affordable herbal medicine and dietary supplement, which has a current market of $50 million annually.

* information listed above is at the time of submission.

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