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FUCOPRO SIGNED

Fucoxanthin production from microalgae Isochrysis galbana - a solution to solve the global obesity

Total Cost €

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EC-Contrib. €

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Partnership

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 FUCOPRO project word cloud

Explore the words cloud of the FUCOPRO project. It provides you a very rough idea of what is the project "FUCOPRO" about.

obesity    overweight    meet    reported    national    population    parts    arena    adult    solutions    expression    concentration    commercial    adults    seaweed    rapid    foodstuff    million    cultivation    contamination    reactor    algalif    50    brown    play    commercially    modulate    worldwide    gene    climate    seasonal    disruptions    turn    fucoxanthin    optimal    time    photo    obese    prevent    house    full    designed    qualities    delivers    significantly    first    global    successfully    epidemic    sustainable    alone    isochrysis    niche    takes    astaxanthin    ensures    weight    thereof    pure    fat    expenditure    hinder    algal    lost    accumulation    productivity    microalgae    macroalgae    iacute    yield    supply    lower    roughly    natural       galbana    antioxidant    market    industry    reached    iceland    optimizing    highest    annually    rate    protein    2014    proportions    easily    bio    compound    revolutionary    scalable    world    2016    healthcare    consuming    individual    euros    billion    harvesting    pbr    countries    solution    650   

Project "FUCOPRO" data sheet

The following table provides information about the project.

Coordinator
ALGALIF ICELAND EHF 

Organization address
address: BOGATROD 10
city: REYKJANESBAER
postcode: 262
website: n.a.

contact info
title: n.a.
name: n.a.
surname: n.a.
function: n.a.
email: n.a.
telephone: n.a.
fax: n.a.

 Coordinator Country Iceland [IS]
 Project website https://algalif.com
 Total cost 71˙429 €
 EC max contribution 50˙000 € (70%)
 Programme 1. H2020-EU.3. (PRIORITY 'Societal challenges)
2. H2020-EU.2.3. (INDUSTRIAL LEADERSHIP - Innovation In SMEs)
3. H2020-EU.2.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies)
 Code Call H2020-SMEInst-2018-2020-1
 Funding Scheme SME-1
 Starting year 2018
 Duration (year-month-day) from 2018-12-01   to  2019-03-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    ALGALIF ICELAND EHF IS (REYKJANESBAER) coordinator 50˙000.00

Map

 Project objective

Obesity has already reached epidemic proportions. In 2016 more than 1.9 billion adults worldwide were overweight, thereof 650 million obese. In Europe alone weight problems and obesity are increasing at a rapid rate with over 50% of EU's population overweight in 2014. Alone, adult obesity takes up roughly 7% of national healthcare expenditure of individual countries and is estimated to cost the EU 70 billion euros annually through healthcare costs and lost productivity. Current solutions are not working. This is where Algalif's revolutionary solution - a commercial fucoxanthin production from the microalgae Isochrysis galbana - comes into play. Through current product of astaxanthin, Algalíf Iceland has developed a niche in the global microalgae arena in optimizing cultivation parameters. The in-house designed photo-bio-reactor (PBR) cultivation system, with full contamination control and no supply disruptions, ensures optimal growth of the microalgae. Currently, it delivers the highest industry reported yield of a pure product (7%). This sustainable production method will be adapted to the production of fucoxanthin - a natural antioxidant with unique qualities to modulate specific gene and protein expression which in turn can prevent fat accumulation. The unique qualities of the compound are known but current methods of harvesting fucoxanthin from brown seaweed (macroalgae) hinder market growth due to; 1) concentration of fucoxanthin is significantly lower than in microalgae; 2) harvesting is time-consuming and seasonal; 3) seaweed is foodstuff in many parts of the world; 4) it is not sustainable due to climate change. Algalíf's production has high concentration of fucoxanthin, it is sustainable, cost-effective and easily scalable to meet increasing market needs. If successfully brought to market, it will be the first commercially available fucoxanthin product from Isochrysis microalgae.

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The information about "FUCOPRO" are provided by the European Opendata Portal: CORDIS opendata.

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