RE: Google Scholar Flagged this4 Dec 2021 18:22
everhopeful, its not an MOU but a long term strategic co-operation framework agreement and it lasts for 10 years, subject to extension and termination clauses.
They don't have the monopoly but do have the exclusive rights to act as the distributor of Fruitflow and sell Fruitflow based functional food and dietary supplement finished products in Mainland China, Hong Kong, Macau, Taiwan and Australia.
Provexis will be responsible for the manufacture, supply and sale of its Fruitflow heart-health functional food ingredient to By-Health.
What comes out of the negotiations with DSM is anyone's guess atm.