All systems go for stevia as EU regulators finally give sweetener the thumbs up
With the European Commission finally issuing the green light for the sale of steviol glycosides in Europe, stevia has been top of mind on both sides of the Atlantic this month.
However, the firm grabbing most of the publicity – for good and for ill – has been GLG Life Tech, which saw sales plummet 92% in the third quarter after end customers complained about aftertaste problems when formulating with the sweetener.
The firm, which has also been accused of failing to disclose certain information required under federal securities laws, did however end the month on a more positive note after signing a deal with International Flavors and Fragrances (IFF) for its rebaudioside C (Reb C) stevia extract.
