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Pin to quick picksOptiBiotix Health Share News (OPTI)

Share Price Information for OptiBiotix Health (OPTI)

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OptiBiotix to launch SlimBiome Medical in UK market this month

Wed, 24th Apr 2019 11:28

(Sharecast News) - Life sciences business OptiBiotix Health announced the launch of its weight management product 'SlimBiome Medical' to the UK market on Wednesday.The AIM-traded firm said SlimBiome Medical, which is a CE-marked medical device, offered a "healthy, hunger-free" weight management solution designed for use by itself, or as part of a calorie-restricted diet, to reduce hunger and help users achieve sustainable weight loss.Independent clinical studies showed SlimBiome reduced hunger, cravings for sweet and savoury foods, and fat intake.It would be available in boxes of 30 single dose sachets, and for purchase from the company's online store, from 29 April.The board said the commercial launch followed its announcement that SlimBiome was granted medical device status and a CE-mark in November, as well as the appointment of Nutrilinea as a manufacturer in the same month, and three-year distribution agreements for Greece and Cyprus in December and Bulgaria in April.OptiBiotix also reported pre launch sales of SlimBiome Medical to Bridge4 Health - a "unique" health and wellbeing centre based in Leicester.Bridge4 Health would conduct a three-month SlimBiome Medical field trial involving its gym members to support healthy sustained weight loss.The early deals and sales orders so soon after achieving medical device registration reflected the "high level" of interest received in the product from an industry which recognised the value of products with "strong science" and published human studies, the board explained.It added that the online sale of SlimBiome Medical as a final product was another example of OptiBiotix's strategy of building multiple revenue streams from ingredient sales, white label and own label branded consumer products, across multiple sales channels.The channel would provide a new route to market for SlimBiome, allowing the firm to generate immediate revenues while building sales with international and retail partners from SlimBome as an ingredient, medical device, and in white label or branded 'GoFigure' final products.OptiBiotix said it anticipated further commercial agreements for SlimBiome, SlimBiome Medical, and GoFigure products in international markets in the months ahead."SlimBiome Medical is a innovative product transforming the way weight loss is traditionally approached as it delivers a sustainable, science-backed weight control system which offers dieters additional support to sustain and/or maintain weight loss," said managing director of the OptiBiotix prebiotics division Fred Narbel."We are delighted to be able to bring this product to the UK market through our online store which allows us to build early revenues at high margin through direct to consumer sales."
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23 Oct 2023 08:16

OptiBiotix inks ingredient deal with Tata Chemicals

(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

EARNINGS: Safestyle suffers amid "difficult" trading conditions

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

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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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2 Nov 2022 16:20

TRADING UPDATES: Alternative Income assets rise; Ironveld signs deal

(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

TRADING UPDATES: Chapel Down happy with crop; Woodbois trading strong

(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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