TerraVia Inc., a pioneer in algae-based food nutrition and speciality ingredients, and Nestlé Purina PetCare have announced that they are entering into a joint development agreement targeting the companion animal market, according to businesswire.com.
The agreement, which spans a number of years, will leverage certain commercially available algae-based advanced nutrition ingredients that TerraVia has developed as well as additional innovative ingredients and product concepts in TerraVia's development pipeline, reports businesswire.com.