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BioNeutra Global Corporation (BGA:CA) News

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 May 1, 2019 - 8:17 PM EDT
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Edmonton Based BioNeutra Global Corp. Joins the Business Giants of Canada on the Globe And Mail's 2019 List of the 'TOP 1000' for the 4th Consecutive Year

Edmonton Based BioNeutra Global Corp. Joins the Business Giants of Canada on the Globe And Mail's 2019 List of the 'TOP 1000' for the 4th Consecutive Year

(via TheNewswire)

EDMONTON, AB / TheNewswire / May 1, 2019. BioNeutra Global Corporation ("BioNeutra" or the "Company") (TSX-V: BGA) is proud to announce that for the 4th consecutive year, the Globe and Mail newspaper has included the Company among Canada's largest publicly traded companies on its list of the nation's 'Top 1000'.

BioNeutra has been ranked number eight (#8) among the 37 biotechs on the Globe's 'Top 1000'. This is the 34th year the Globe and Mail has published its prestigious ranking which includes the country's leading banks, retailers, food chains and publishers as well as companies engaged in sixteen other key business sectors including forestry, transportation, insurance, real estate, construction, telecommunications, entertainment, energy and mineral exploration and production. The list was the cover story of the newspaper's Report On Business magazine which was published on Friday, April 26, 2018.

BioNeutra President & CEO, Dr. Jianhua Zhu, says, "It's an honour to be included in a list which includes the top tier of Canada's traded companies. But we're especially proud to have been included since 2015 just after we became a publicly traded company." He adds, "I credit our dedicated employees who play a vital role in our success."

Mel Wong, president and CEO of the 170 member life sciences association - BioAlberta - says, "BioNeutra is a leading example of the strength, vibrancy and innovation of our provincial life sciences industry."

Canadian Business magazine and Macleans ranked BioNeutra as no. 55 on its prestigious ranking of Canada's 500 fastest growing companies with a 5-year revenue growth rate of 1,378%. Of 88 manufacturing companies on the list, BioNeutra was ranked no 10. BioNeutra was Alberta's 4th fastest growing company in 2018. Canadian Business magazine, the nation's oldest business publication, has been ranking the nation's fastest growing companies for 30 years.

BioNeutra is a multiple-award winning, sector leading life sciences company which manufactures a healthy, low calorie alternative to sugar called VitaFiber contributes to healthy digestion and weight management. It's produced using cereal starch such as pea or tapioca employing the Company's patented process to make it into syrup or powder. BioNeutra is a major Canadian exporter which sells VitaFiber to major manufacturers of protein bars, beverages, yogurts, ice cream and confectionaries on four continents. It's been approved for sale in 36 countries. It was developed at universities in three countries over 27 years as part of a multi-million dollar research program which included the University of Alberta.

The Canadian Government has included BioNeutra in a select group of 24 companies including Kraft, Nestle, General Mills, Danone, Unilever and Cargill who it describes as leaders among Canada's 750 functional food and natural health product companies. Earlier this year, BioNeutra was chosen a recipient of the Alberta Chambers of Commerce "Global Exporter of the Year" award.

Contact:

Warren Michaels

Vice President/Communications

BioNeutra Global Corporation

email: warren.michaels@bioneutra.ca

dir: 587-414-1144

Copyright (c) 2019 TheNewswire - All rights reserved.


Source: TheNewsWire (May 1, 2019 - 8:17 PM EDT)