Singapore Polytechnic R&D agreement
Released
Released
Announcement PDF
ACN 009 104 330
1 May 2025
Company Announcements Pla6orm
Australian Securi:es Exchange
Singapore Polytechnic R&D agreement – Development of ProbioAc Green Seaweed Water Kefir
Beverage
Highlights
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R&D Project to develop a health-promoAng beverage that supports blood sugar management
Focus on pleasant taste and strong consumer appeal
Science-driven product development whilst achieving outcomes aligned with TradiAonal
Chinese Medicine
R&D program undertaken by Temasek Polytechnic, overseen by Company’s R&D consultant
The Board of BPH Global Ltd (ASX: BP8) (Company), is pleased to advise the execu:on of an
outsourcing research and development consultancy agreement with Singapore Polytechnic (SG Poly).
Pursuant to the agreement, the Company’s wholly owned, Singapore-based subsidiary Stemcell
United Pte Ltd (BP8 Singapore) has engaged SG Poly to provide R&D services to the BP8 Group
(ConsulAng Agreement) for the development of a Green Seaweed Water Kefir probio:c drink
incorpora:ng ingredients extracted from green seaweed (Project). SG Poly’s Future Food Lab, part of
the Department of Technology, Innova:on and Enterprise, will lead the R&D program under the
direc:on and oversight of the Company’s R&D consultant, Gaia Mariculture Pte Ltd (Gaia).
Managing Director Ma\hew Leonard said: “BP8 is pleased to partner with Singapore Polytechnic on
this exci:ng ini:a:ve to develop a green seaweed-based probio:c beverage. This collabora:on
represents a significant step forward in our commitment to delivering innova:ve, health-focused
products rooted in natural, sustainable ingredients. By leveraging Singapore Polytechnic’s advanced
research capabili:es and technical exper:se, we aim to create a func:onal beverage that not only
supports blood sugar management but also aligns with the principles of Tradi:onal Chinese
Medicine. We look forward to the outcomes of this partnership and its poten:al to enhance
consumer wellness through science-driven product development.”
The Company’s objecAves and business model
A key R&D objec:ve of the Company is to develop consumable products infused with seaweedderived nutraceu:cals aimed at achieving outcomes aligned with Tradi:onal Chinese Medicine.
The objec:ve of the Project is to develop a health-promo:ng beverage that supports blood sugar
management, while also offering a pleasant taste and strong market appeal. The development
process involves formula:ng an op:mal blend of ingredients and fine-tuning the fermenta:on
process to enhance the beverage’s probio:c and an:-hyperglycemic proper:es. Addi:onally, the
project includes comprehensive shelf-life tes:ng to ensure product safety, stability, and consumer
acceptability through microbiological, physicochemical, and sensory analyses.
The Project’s work plan ac:vi:es and deliverables include:
• Project commencement briefing to par:cipa:ng students;
• Development of research proposal, literature review, and methodology;
• Product formula:on and op:misa:on;
• Physicochemical characteriza:on of the product;
• Milestone updates; and
• Final presenta:on and assessment
Other material terms of the SG Poly Consultancy Agreement
Other material terms of the Consul:ng Agreement are as follows:
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The project is expected to be carried out over an es:mated dura:on of eighteen (18) weeks
commencing 1 May 2025.
In considera:on of SG Poly providing the R&D services in accordance with the Consul:ng
Agreement, BP8 Singapore will pay SG Poly SGD$1,000 + GST (Project Fee). The Project Fee is
payable in two instalments: (i) SGD$763 + GST on the commencement date; and (ii) SGD$327
+ GST on comple:on of the project.
All Project intellectual property is the property of BP8 Singapore.
BP8 Singapore must:
o provide all seaweed to be used in the Project;
o pay the costs of all work undertaken (at the request of BP8 Indonesia) by a third
party, accredited laboratory services provider for any microbiological and/or
verifica:on of NIP (Nutri:onal Informa:on Panel) analyses; and
o pay the cost of any addi:onal ingredients that BP8 requires be added to the
beverage (if any).
About Singapore Polytechnic
Established in 1954, SG Poly is the first polytechnic in Singapore and a leading ins:tu:on of higher
learning renowned for its strong focus on applied learning and industry collabora:on. SG Poly offers
a wide range of diploma and con:nuing educa:on programs across disciplines such as engineering,
life sciences, informa:on technology, design, and business. SG Poly is commi\ed to innova:on and
hands-on learning, and supports na:onal priori:es in research and development, including food
innova:on, sustainable technologies, and digital transforma:on. Its dedicated research centres and
laboratories, such as the Future Food Lab, work closely with industry partners to translate scien:fic
research into real-world solu:ons.
- END Authorised for lodgement by the Board of the Company
For further informa<on, please visit our website at www.bp8global.com or contact:
Mr Paul Stephenson
Chairman
BPH Global Ltd
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