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Pin to quick picksOptiBiotix Health Share News (OPTI)

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OptiBiotix Expands GoFigure Sales Across Eastern Europe, Central Asia

Tue, 24th Mar 2020 16:09

(Alliance News) - Life sciences firm OptiBiotix Health PLC on Tuesday said it has added more countries to a distribution agreement for GoFigure.

GoFigure is a weight management product, distributed by Extensor Robert Buczek, which also distributes SlimBiome in Poland alongside GoFigure.

OptiBiotix said GoFigure will now be distributed in countries across eastern Europe and central Asia, including Ukraine, Kazakhstan, Russia, and Belarus.

Fred Narbel, the managing director of OptiBiotix's Prebiotics unit, said: "We are very pleased to strengthen our partnership with Extensor to distribute our GoFigure range beyond the Polish borders as they have proven to be a very reliable commercial partner and have recently placed additional orders for GoFigure branded products to replenish their stocks.

"The signing of a territory extension amendment to the original agreement shows a positive evolution of the relationship and increases the global reach of our trademarks thus contributing to increasing the value of our portfolio of trademarks."

Shares in OptiBiotix were 0.7% higher late on Tuesday in London at 30.70 pence each.

By George Collard; georgecollard@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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(Sharecast News) - OptiBiotix Health announced the upcoming launch of LeanBiome in partnership with prominent sports nutrition brand Muscletech on Monday.

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OptiBiotix says market still "volatile" but partner sales improving

(Alliance News) - OptiBiotix Health PLC on Wednesday said sales from existing partners have improved in recent months, and that its move to focus on US and Asian markets is progressing well.

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OptiBiotix adds Tata Chemicals ingredient to obesity product in India

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OptiBiotix inks ingredient deal with Tata Chemicals

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