Neptune Announces Research Agreement Aimed at New Medical and Wellness Cannabinoid-based Products

LAVAL, QUÉBEC--(Marketwired - Jan. 19, 2018) - Neptune Technologies & Bioressources Inc. ("Neptune" or the "Corporation") (NASDAQ:NEPT)(TSX:NEPT) today announced an exclusive research agreement with the purpose of developing new medical and wellness targeted cannabinoid-based products, such as cannabidiol ("CBD"), combined with krill oil whose combination use would be exclusive to Neptune. The new products will be aimed at the growing number of federal jurisdictions worldwide that have or will legalize cannabinoids, such as Canada, for medicinal and/or adult use.

As Neptune is rapidly executing on its strategy and business plan, the Corporation will fund research and development ("R&D") activities in order to clinically support the benefits of cannabinoids in combination with krill oil. As indicated by prior research, the Corporation believes the unique properties of krill oil lend the ability to enhance absorption of orally-administered lipid-soluble compounds, which could be especially beneficial for molecules such as CBD. Neptune's research activities will also include other oils, ingredients and technologies such as MaxSimil®, a patented omega-3 fatty acid delivery technology that may enhance the absorption of lipid-based nutraceuticals, and a variety of other marine and seed oils.

"We are proud to have reached an exclusive research agreement with one of the largest krill oil providers in the world. We are confident that our R&D efforts with cannabinoids can lead to the development of new formulations for medical and wellness products addressing health issues such as pain, sleep, anxiety and stress. As the regulatory frameworks for medical cannabis use and legalization of cannabinoids in Canada and other jurisdictions around the world progress, our key competitive and distinctive advantages remain our scientific, regulatory, extraction, formulation and global commercialization capabilities," said Jim Hamilton, President & CEO of Neptune.

About Neptune Technologies & Bioressources Inc.

Neptune is a wellness products company, with more than 50 years of combined experience in the industry. The Company formulates and provides turnkey solutions available in various unique delivery forms, offers specialty ingredients such as MaxSimil®, a patented ingredient that may enhance the absorption of lipid-based nutraceuticals, and a variety of other marine and seed oils. Neptune also sells premium krill oil directly to consumers through web sales at www.oceano3.com. Leveraging our scientific, technological and innovative expertise, Neptune is working to develop unique extractions and formulations in high potential growth segments such as medical and wellness cannabinoid-based products.