The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksOptiBiotix Health Share News (OPTI)

Share Price Information for OptiBiotix Health (OPTI)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 18.00
Bid: 17.50
Ask: 18.50
Change: 0.00 (0.00%)
Spread: 1.00 (5.714%)
Open: 18.00
High: 18.00
Low: 18.00
Prev. Close: 18.00
OPTI Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

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."
More News
22 Sep 2020 10:05

OptiBiotix enters new licensing deal with HiLife Vitamins

(Sharecast News) - Life sciences company OptiBiotix Health has entered into a non-exclusive license agreement for 'SlimBiome Medical' with HiLife Vitamins & Herbs, it announced on Tuesday.

Read more
17 Sep 2020 17:05

IN BRIEF: OptiBiotix Signs Distribution Deal For LPLDL In Brazil

IN BRIEF: OptiBiotix Signs Distribution Deal For LPLDL In Brazil

Read more
17 Sep 2020 08:57

OptiBiotix Health strikes deal with Ayalla in Brazil

(Sharecast News) - Life sciences company OptiBiotix Health announced on Thursday that its wholly-owned subsidiary ProBiotix Health has entered into an exclusive distribution agreement with Ayalla Marketing, for the distribution of its cholesterol reducing probiotic 'LPLDL' as an ingredient and as four finished products within the 'CholBiome' portfolio, for Brazil.

Read more
15 Sep 2020 22:08

UK TRADING UPDATE SUMMARY: Mortgage Advice Bureau Launches Later Life

UK TRADING UPDATE SUMMARY: Mortgage Advice Bureau Launches Later Life

Read more
15 Sep 2020 08:49

OptiBiotix signs manufacturing deal with unnamed US firm

(Sharecast News) - Life sciences company OptiBiotix Health has entered into an agreement with an unnamed US company, it announced on Tuesday, for the large-scale manufacture and commercialisation of a number of 'SweetBiotix' products.

Read more
11 Aug 2020 12:36

UK TRADING UPDATE SUMMARY: Codemasters On Up As Finds Right Formula

UK TRADING UPDATE SUMMARY: Codemasters On Up As Finds Right Formula

Read more
5 Aug 2020 19:16

UK TRADING UPDATE SUMMARY: Regional REIT Valuation Dips In First Half

UK TRADING UPDATE SUMMARY: Regional REIT Valuation Dips In First Half

Read more
5 Aug 2020 15:42

OptiBiotix Health extends terms of licence agreement with OptiPharm

(Sharecast News) - Life sciences company OptiBiotix Health has extended the terms of its original exclusive licence agreement for 'OptiBiome' with OptiPharm, it said on Wednesday, which was initially announced on 31 March.

Read more
23 Jul 2020 18:02

UK TRADING UPDATE SUMMARY: Gear4music Strikes Right Note As Sales Jump

UK TRADING UPDATE SUMMARY: Gear4music Strikes Right Note As Sales Jump

Read more
20 Jul 2020 15:30

IN BRIEF: OptiBiotix Reports Sales Surge From Weight Loss Products

IN BRIEF: OptiBiotix Reports Sales Surge From Weight Loss Products

Read more
20 Jul 2020 09:25

OptiBiotix sees serious surge in sales in first half

(Sharecast News) - OptiBiotix Health said on Monday that invoiced sales of its 'LPLDL' and 'SlimBiome' products as ingredients or final products totalled £0.74m in the first half of its financial year, representing a 398% year-on-year increase.

Read more
16 Jul 2020 13:57

UK TRADING UPDATE SUMMARY: LoopUp Set To Beat Expectations For 2020

UK TRADING UPDATE SUMMARY: LoopUp Set To Beat Expectations For 2020

Read more
14 Jul 2020 20:12

IN BRIEF: OptiBiotix Extends Terms To Include WellBiome In Germany

IN BRIEF: OptiBiotix Extends Terms To Include WellBiome In Germany

Read more
6 Jul 2020 16:56

IN BRIEF: OptiBiotix Expands WellBiome Distribution Pact

IN BRIEF: OptiBiotix Expands WellBiome Distribution Pact

Read more
2 Jul 2020 16:15

UK Shareholder Meetings Calendar - Next 7 Days

UK Shareholder Meetings Calendar - Next 7 Days

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.