Stevia First Corp. (STVF) Announces Signed Agreement with GRAS Associates for Product Regulatory Approval Process
Stevia First, an early-stage agribusiness based in California's Central Valley growing region, today announced that the company has entered into a non-disclosure agreement with GRAS Associates, LLC. The agreement will apply mainly to discussions intended to expedite the regulatory approval of the company's stevia extracts, particularly those manufactured through fermentation-based processes. GRAS is an acronym which stands for "Generally Recognized As Safe". Originally used in the 1958 Food Additives Amendment to the Federal Food Drug and Cosmetic Act (FD&C Act), the phrased made exempt certain food ingredients from the definition of food additive. Having already successfully prepared and submitted 17…