LONDON (Alliance News) - Venture Life Group PLC said Monday it has signed a new distribution agreement with an existing partner for two new products in its NeuroAge range of food supplements.
Elpen AE, which already has the rights to distribute the NeuroAge product in Greece, will now have distribution rights for NeuroAge NRG and NeuroAge Sleep.
The company said it expects the products to be launched in Greece in the first quarter of 2015.
No financial details of the new agreement were disclosed.
"The signing of this agreement by Elpen is not only an endorsement of our product development strategy but it also reflects the strong start that NeuroAge has achieved in Greece since its market launch," said Chief Executive Jerry Randall in a statement.
Shares in Venture Life were trading up 0.4% at 99.90 pence Monday morning.
By Hana Stewart-Smith; hanassmith@alliancenews.com; @HanaSSAllNews
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Venture Life (VLG)