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  5. OptiBiotix partner gets approval to make SlimBiome in India

Pin to quick picksOptiBiotix Health Share News (OPTI)

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Share Price Information for OptiBiotix Health (OPTI)

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Share Price: 17.50
Bid: 17.00
Ask: 18.00
Change: -0.25 (-1.41%)
Spread: 1.00 (5.882%)
Open: 17.75
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Low: 17.50
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OptiBiotix partner gets approval to make SlimBiome in India

Thu, 11th Apr 2019 11:16

(Sharecast News) - OptiBiotix Health announced on Thursday that it has received a licence from the Food Standards and Safety Authority India (FSSAI) for its weight management product 'SlimBiome' to be manufactured in the country.The AIM-traded firm said the approval was gained by its manufacturing partner Zeon Life Sciences for both SlimBiome itself, and SlimBiome-containing products.It said FSSAI licence approval involved both ingredient and quality verification to ensure the product and manufacturing process was of a high standard, and was an essential regulatory requirement to manufacture and distribute food products in India.The licence approval would allow Zeon to fulfil orders arising from OptiBiotix's recent visit to India for SlimBiome and SlimBiome-containing products in its own manufacturing site. Its board described it as a "strategic step" to add manufacturing in Asia to the supply chain, and extend the market opportunity for its patented weight management product into the Indian market with an established partner.Zeon boasted a number of large Indian and international healthcare companies such as Danone, GNC, Decathlon, Sun Pharma and Herbalife among its customers, and was awarded 'Nutraceutical Manufacturing Company of the Year' in 2017 by the Associated Chambers of Commerce and Industry of India."We are really pleased that Zeon has received FSSAI approval to manufacture SlimBiome in India," said OptiBiotix chief executive officer Stephen O'Hara."This allows them to fulfil partner orders and meet the needs of other partners interested in selling SlimBiome and SlimBiome-containing products in India."We have been really impressed with the professionalism of Zeon and the speed at which they are creating interest and orders for our products in India."O'Hara said achieving FSSAI approval rapidly was a significant achievement, describing it as an important step in completing the supply chain to meet the needs of existing and new corporate partners in India and southern Asia."This agreement is another step in a strategy designed to build multiple revenue streams from ingredient sales, and white label and own label branded consumer and pharmaceutical products across multiple channels with industry partners from around the world."
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31 Jul 2018 15:29

DIRECTOR DEALINGS: OptiBiotix Chairman Neil Davidson Buys Shares

LONDON (Alliance News) - Life sciences company OptiBiotix Health PLC said on Tuesday that Non-Executive Chairman Neil Davidson bought 103,000 shares on Monday at 98.6 pence each.Davidson in

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4 Jul 2018 12:48

OptiBiotix Health Promotes Research & Development Director To Board

LONDON (Alliance News) - Life sciences business OptiBiotix Health PLC has promoted its director of research & development to an executive board position.Sofia Kolyda joins the board of

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21 Jun 2018 10:54

OptiBiotix Health Pens Commercialisation Accord With Italy's ALFASIGMA

LONDON (Alliance News) - Life sciences firm OptiBiotix Health PLC on Thursday said it has signed an exclusive licensing agreement for food supplements containing its products.The deal has a

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18 Jun 2018 11:20

OptiBiotix Health Signs Manufacturing Agreement With John Morley Foods

LONDON (Alliance News) - OptiBiotix Health PLC said Monday it entered an exclusive agreement with John Morley Foods for the manufacturing and supply of SlimBiome-based muesli products in the which

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31 May 2018 10:32

OptiBiotix Secures Evaluation Deal With Dairy Firm To Test SweetBiotix

LONDON (Alliance News) - OptiBiotix Health PLC on Thursday said it signed an evaluation agreement for its SweetBiotix calorie free sweet fibres.The life sciences company did not name the it

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30 May 2018 12:00

OptiBiotix Health Raises GBP1.5 Million In Share Placing (ALLISS)

LONDON (Alliance News) - OptiBiotix Health PLC said Wednesday it raised GBP1.5 million through a share placing to fund new development opportunities.The company placed 2.4 million shares at

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23 May 2018 14:08

Optibiotix Health Swings To Annual Profit On Stock Listing Of Unit

LONDON (Alliance News) - Optibiotix Health PLC said Wednesday it made "strong progress" in the year ended November 2017 as it transitioned from a research and development into a life on

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16 May 2018 12:11

OptiBiotix Signs Five-Year Contract With Akums To Supply India Market

LONDON (Alliance News) - OptiBiotix Health PLC said Wednesday it entered a five-year exclusive contract with Akums Drugs & Pharmaceuticals Ltd to manufacture and supply products in company, on

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6 Mar 2018 12:58

OptiBiotix Signs LPLDL Agreement For Europe With Fine Foods

LONDON (Alliance News) - OptiBiotix Health PLC announced Tuesday a production and commercialisation agreement with Italian firm Fine Foods & Pharmaceuticals NTM deal gives

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3 Jan 2017 09:54

OptiBiotix Health invests £75,000 in The Health Weight Loss Company

(ShareCast News) - AIM-listed life science company OptiBiotix Health has increased its investment in its subsidiary, The Health Weight Loss Company, to support marketing and increase stock levels. The company made a £75,000 investment, which increases its stake in The Health Weight Loss Company to 6

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20 Oct 2016 11:03

OptiBiotix Health invests further in SkinBiotix

(ShareCast News) - OptiBiotix Health has increased its investment in majority-owned subsidiary SkinBiotix Ltd via a £400,000 Convertible Loan Agreement. The investment provides SkinBiotix funding to complete the development and human studies for its first product application, in addition to funding

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20 Oct 2016 11:01

Georgian Mining drill programme intercepts more copper and gold

(ShareCast News) - Georgian Mining Corporation reported on Thursday that continued drilling at the Kvemo Bolnisi Project in Georgia has intercepted additional significant near-surface copper and gold sulphide mineralisation. The AIM-traded firm said the significant new drill intercepts included KED0

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20 Oct 2016 08:15

OptiBiotix Invests Further GBP400,000 Into SkinBiotix Ahead Of IPO

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5 Oct 2016 11:43

OptiBiotix appoints Martin Hunt chairman of subsidiary SkinBiotix

(ShareCast News) - AIM-listed life science company OptiBiotix Health appointed industry veteran Martin Hunt chairman and director of its majority-owned subsidiary SkinBiotix. Hunt has experience in the life sciences sector from large multi-nationals to AIM-listed companies at MDY Healthcare, Videreg

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6 Sep 2016 08:58

OptiBiotix trumpets success of weight loss products

(ShareCast News) - OptiBiotix Health, a life sciences business developing compounds to tackle obesity, high cholesterol, diabetes and skin care, announced the results of an independent consumer survey of its GoFigure products on Tuesday. The AIM-traded firm said the products, in the form of meal rep

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