Guilin Layn Natural Ingredients' (SHE:002166) sweetener, rebaudioside M2, has officially passed the US Food and Drug Administration's generally recognized as safe or GRAS certification, according to a Shenzhen Stock Exchange filing on Monday.
The product can be used as a food additive and dietary supplement. It passed the FDA's quality and safety review, the Chinese artificial sweeteners and natural flavors manufacturer said.
The company's shares closed less than 3% higher.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.