Advanced Plant Pharmaceuticals Acquire Algae Technology Company GNE-India
Advanced Plant Pharmaceuticals, Inc. announced the signing of a Memorandum of Understanding to acquire a majority interest in GNE-India, an algae technology company which has the rights for using and distributing a unique and innovative system to grow algae quickly and efficiently for energy and food protein. GNE-India owns and retains the territorial rights for distribution and sales of the proprietary technology to both India and Sri Lanka.
