Tekcapital's portfolio company Salarius files new patent
Anita Riotta
Company News
09:58, 12th August 2019

Tekcapital’s (TEK) FOLLOW portfolio company Salarius has filed an additional patent for “Improved Low Sodium Salt Composition” for its MicroSalt product. Shares are up nearly 2% following the news.

CEO of Salarius Victor Hugo Manzanilla argued that “in addition to MicroSalt's current disruptive technology which helps consumers reduce sodium consumption,” the new patent would represent “a step forward to help solve a critical challenge for snack manufacturers: improving salt adhesion to their food during shipping and display."

The issue of salt adhesion becomes one of increased manufacturing costs and sodium levels if not properly addressed, as producers will have to supplement the salt in their products just to ensure there will still be some salt attached to the snack when it reaches consumers.

The patent application is directly aimed at improving this adhesion, as MicroSalt is already shown to deliver a traditionally salty taste with “approximately 50% less sodium.”

For more news and updates on Tekcapital: FOLLOW

Disclaimer & Declaration of Interest

The information, investment views and recommendations in this article are provided for general information purposes only. Nothing in this article should be construed as a solicitation to buy or sell any financial product relating to any companies under discussion or to engage in or refrain from doing so or engaging in any other transaction. Any opinions or comments are made to the best of the knowledge and belief of the writer but no responsibility is accepted for actions based on such opinions or comments. Vox Markets may receive payment from companies mentioned for enhanced profiling or publication presence. The writer may or may not hold investments in the companies under discussion.

Comments
info
Login or register to post comments

Recent Articles
Watchlist