UTEK Corporation and Gadot Biochemical Industries, Ltd. Announce Strategic Alliance

UTEK Corporation (AMEX & LSE-AIM: UTK), a specialty finance company focused on technology transfer, and Gadot Biochemical Industries, Ltd. (TLV: GDBC.TA), a leading manufacturer of ingredients and fine chemicals for the food & beverage, cosmetic, detergent and pharmaceutical industries, are pleased to announce that they have signed a strategic alliance agreement. In line with its strategic goal to develop innovative solutions for the fortification and supplement industry, Gadot is seeking new technologies to produce new health ingredients as well as to improve its current production processes.

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