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Pin to quick picksOptiBiotix Health Share News (OPTI)

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OptiBiotix inks deal with Nutrilinea for hypertension supplement

Mon, 20th May 2019 10:45

(Sharecast News) - Life sciences company OptiBiotix Health announces on Monday that its wholly-owned subsidiary ProBiotix Health has signed a license agreement with Nutrilinea for the use of its 'LPLDL' product in a food supplement for the reduction of high blood pressure, or hypertension.The AIM-traded firm said Nutrilinea would cover the cost of all product development, manufacturing and human studies in return for 12 months' exclusivity for the European market, with ProBiotix retaining exclusivity for the UK and all other markets outside Europe.It described Nutrilinea, based near Milan, as a manufacturer of food supplement formulations containing probiotics, with more than 15 years of experience in the development of products for the food and pharmaceutical industries in Europe and the United States.It was one of OptiBiotix's preferred manufacturers, and currently produced its 'CholBiome', 'CholBiomex3' and 'SlimBiome Medical' products.Nutrilinea had technology that enabled the production of multilayer tablets used in CholBiomex3, which would also be used for the new product.In an independent human study by the University of Reading, OptiBiotix noted that there was a "statistically significant reduction" in both blood pressure and cholesterol in volunteers taking LPLDL compared to a control group.The European Cardiovascular Society reported in 2016 that the combination of lowering LDL cholesterol and systolic blood pressure had the potential to "dramatically reduce" a person's lifetime risk of cardiovascular disease.Hypertension was a global healthcare issue, and was one of the strongest risk factors for almost all cardiovascular diseases.The fact that it did not have obvious symptoms had lead doctors to call hypertension a "silent killer", OptiBiotix explained.Studies conducted in Europe and in the United States suggested that, under new hypertension guidelines, a large percentage of the adult population could be considered hypertensive, with some 14 million people in the UK and more than 100 million in the US falling into that category."We are delighted to announce this deal with Nutrilinea who are covering the cost of product development, manufacturing and human studies, for a food supplement to reduce blood pressure," said OptiBiotix Health business development director Dr Luis Gosalbez."This broadens the use of LPLDL beyond cholesterol reduction and creates new market opportunities in the field of cardiovascular health."Dr Gosalbez described hypertension as a "global health issue", which was on the rise where there were "very few" active ingredients or supplements proven to lower blood pressure in humans."The development of a hypertension product containing LPLDL has the potential to address a large global market of unmet clinical need."
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23 Oct 2023 08:16

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(Sharecast News) - Life sciences developer OptiBiotix Health announced a significant agreement with Tata Chemicals on Monday, that would see its proprietary 'Fossence' product incorporated into their 'SlimBiome' and 'LeanBiome' product lines, specifically tailored for the Indian market.

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27 Sep 2023 13:10

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27 Sep 2023 11:03

OptiBiotix Health reports 'strong' progress in first half

(Sharecast News) - Life sciences company OptiBiotix Health reported a "strong" first half of trading on Wednesday, as sales revenue soared 195% to £0.35m.

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22 Sep 2023 15:38

OptiBiotix to launch three brands with Boots

(Sharecast News) - Life sciences company OptiBiotix Health announced a collaboration with major pharmacy and health retail chain Boots on Friday.

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22 Sep 2023 11:48

LONDON MARKET MIDDAY: FTSE 100 picks up on hopes BoE rates have peaked

(Alliance News) - Stock prices in London mostly picked up at midday Friday, after investors shook off the steep falls suffered on Wall Street.

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22 Sep 2023 10:24

OptiBiotix Health inks agreement with Boots to launch products online

(Alliance News) - OptiBiotix Health PLC on Friday said it has reached an agreement to launch its own brands of SlimBiome, GoFigure, and Snacksmart products online with Boots UK Ltd.

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29 Aug 2023 14:06

OptiBiotix reports solid progress across product lines

(Sharecast News) - OptiBiotix Health announced a number of commercial advancements in an update on Tuesday, disclosing its highest-ever brand-specific online sales levels in July.

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29 Aug 2023 14:00

OptiBiotix proclaims sales record as SlimBiome contracts progress

(Alliance News) - OptiBiotix Health PLC on Tuesday said it achieved record own-brand online sales in July, and that various partnerships are complete or in progress worldwide so far this year.

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28 Jun 2023 12:06

OptiBiotix annual results hurt by ProBiotix spin-off and order delays

(Alliance News) - OptiBiotix Health PLC on Wednesday said order delays and increased costs hurt annual performance.

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15 Mar 2023 14:34

OptiBiotix Health completes third human study for SlimBiome drug

(Alliance News) - OptiBiotix Health PLC on Wednesday said it has completed its third human study for its SlimBiome weight-loss drug.

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21 Feb 2023 14:15

OptiBiotix appoints CEO Stephen O'Hara as CEO of subsidiary

(Alliance News) - OptiBiotix Health PLC on Tuesday said that Rene Kamminga, Chief Executive Officer of subsidiary OptiBiotix Ltd, will leave the business next week Tuesday.

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5 Dec 2022 12:17

OptiBiotix raises GBP500,000 to fund direct-to-consumer product model

(Alliance News) - OptiBiotix Health PLC on Monday said it had raised GBP500,000 to invest in the company's direct-to-customer product model.

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(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

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24 Oct 2022 13:41

OptiBiotix Health gets approval to sell products in Saudi Arabia

(Alliance News) - OptiBiotix Health PLC on Monday said its exclusive distributor Nahdi Medical Co has received approval from the Saudi Food and Drug authority.

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17 Oct 2022 22:04

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(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

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