OptiBiotix signs UK online distribution agreement for SlimBiome Medical
BioEnergiser has been granted the right to sell SlimBiome Medical online in the UK
Company
LON:OPTI
OptiBiotix Health Plc is a life sciences company operating in one of the most progressive areas of biotechnological research. Developing and commercialising technologies that modulate the human microbiome – the collective genome of the microbes in the body – the company identifies and develops prebiotic formulations and compounds for use in food ingredients and supplements that can impact on human physiology and metabolism, deriving potential health benefits.
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BioEnergiser has been granted the right to sell SlimBiome Medical online in the UK
The agreement is with BioEnergiser, a sales and marketing specialist that also has a mail order and direct-to-TV operation as well as home shopping channels
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The plan is also to obtain an authorised cardiovascular health claim for the OptiBiotix technology
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Opti’s LPLDL strain is to be mixed with Kappa Bioscience’s K2VITAL vitamin to create a new vascular health product
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Three-year deal guarantees market exclusivity for local partner if it hits minimum sales targets
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"We are delighted that Stephen has joined ProBiotix Health at such an exciting stage of its development and hope that under his leadership it can grow to become a substantive and valuable business in the years ahead," said Stephen O'Hara, t
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The commercial debut of SlimBiome Medical will be made at a conference called Vitafoods Europe 2019, being held in Geneva
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“As existing deals contribute to full-year revenues, partners continue to grow sales with new product launches, and as new agreements continue to be signed we anticipate further revenue growth in 2019,” said chief executive, Stephen O’Hara
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The weight loss product will be available to buy from Opti's website in boxes of 30 single-dose sachets from 29 April
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Stephen O'Hara, OptiBiotix’s CEO commented: "Achieving FSSAI approval so quickly is a significant achievement and is an important step in completing the supply chain"
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The partner company, which was not named, had “an established track record” of taking new products to pharmacies and wholesalers via its distribution network in the country
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The company has reached an outline deal with a US company and is in talks with a potential global partner
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Swiss giant DKSH has the exclusive right to sell SlimBiome in Italy and Spain for the next three years
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OptiBiotix chief executive Stephen O’Hara said: “This is a significant achievement and a major commercial milestone as it expands the potential applications of LPLDL from use as a supplement to use as a functional ingredient"
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OptiBiotix attended the ProBiota meeting in Copenhagen (pictured below)
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The company is teaming up with SilvExpo, a local pharmaceutical and nutraceutical business
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