Skip to main content

PureCircle and Almendra Resolve U.S. Patent Litigation

Written by Customer Service on . Posted in Public Companies.

CHICAGO, Jan. 20, 2021 (GLOBE NEWSWIRE) — PureCircle and Almendra reached an amicable settlement in a patent dispute in the United States relating to Almendra’s Steviarome® products and use thereof.
As of December 31, 2020, PureCircle and Almendra voluntarily resolved the litigation with all claims and counterclaims subsequently being dismissed.As part of the settlement, Almendra signed a license agreement with PureCircle, which allows Almendra to continue selling its Steviarome® flavor ingredients worldwide. All other terms of the agreement remain confidential.Enquiries:Jackson Pillow, PureCircle Communications Manager
Email: Jackson.Pillow@purecircle.com 
Phone: +1 (630) 256 8394Kimberly Hunter, Almendra CFO
Email: Kimberly.H@almendra.com
Phone: +1 (708) 926-5403About PureCirclePureCircle is the leading producer and innovator of great-tasting stevia sweeteners and flavor modifiers for the global beverage and food industry. PureCircle combines advanced R&D with full vertical integration from farm to high-quality, great-tasting innovative stevia ingredients.The Company collaborates with farmers who grow its proprietary stevia varieties, and with food and beverage companies which seek to improve their low- and no-calorie formulations using plant-based, non-GMO ingredients.For more information, visit: www.purecircle.comAbout AlmendraAlmendra is a privately held natural sweetener and flavor ingredients company focused on the food and beverage industry’s need for great tasting natural, clean label solutions.The company’s teamwork, innovation, IP and know-how allow it to develop industry-leading sweet taste solutions and to deliver flavors with modulating properties that address complex taste challenges of sugar reduced foods and beverages.Headquartered in Singapore, Almendra manufactures in Thailand for sale to customers around the globe.More information about Almendra is available at www.almendra.comA photo accompanying this announcement is available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/3b6be781-a468-4f29-bd06-2bba8bd4ef8b

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.