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"Application of water-soluble tomato concentrate in preparation of hair loss reducing and hair growing products"
https://patents.google.com/patent/CN116803404A/en
Another route to revenue.
Because the alliance agreement came to an end.
They might not have been given another option. But we have no idea what negotiations took place to come to the new agreement.
As for revenue.... I think this makes it clearer.
"Sales of the Fruitflow II SD ingredient in excess of £280k have been made in the six months after the Company's 31 March 2023 year end, confirmed sales orders in excess of £155k are currently being processed and the Company is dealing with numerous sales enquiries from existing and new customers for further direct sales of Fruitflow II SD in 2023 and beyond."
As Fruitflow is manufactured in the EU and shipped to the UK there should be no tariff when shipping back to the EU but that seems to be a bit of a grey area in some instances.
Link from results
https://www.bbc.co.uk/news/55648201
"The boss of M&S was using Percy Pigs as an example of a situation in which it was not yet clear whether a tariff needed to be paid.
The sweets are manufactured and packaged in Germany and then shipped to the UK - no tariffs are payable because of the trade deal.
They are then taken from the M&S warehouses and exported to stores in the Republic of Ireland, which is part of the EU.
Now, this is the complicated bit. Because they have left the EU and not been processed enough to count as being made in the UK, it may be that a tariff needs to be paid to get them back into the EU, despite them having been made in the EU in the first place.
If they had been unpacked and put on a cupcake, for example, there would be no tariff because they would have been transformed, but just storing them in the UK is not enough.
It's hard to see why this situation has emerged because it is not obviously in the interests of either the UK or the EU.
Easy answer is to warehouse FF in EU then no tariffs within EU
£280k for first six months with another £155k in the pipeline. Its only September, we have another 6 months of the financial year to go. Think you are being a bit mean at £509k :)
Ah ok. I wonder how the patent application is doing for that one. DSM has preferential access to the use this patent but i wonder how binding this partnership is remembering that it was based on DSM's study?
Sphinx, the new function claim was only submitted on the 29th of August (one month ago) once SAMR finally officially released the "Implementation Rules for New Functions and Product Technology Evaluation of Health Foods" on 28th August.
The Technical Specifications for Testing and Evaluation of Health Food (2003 Version) was abolished in July 2018 so we can hardly blame PXS or By-Health for the delay. The good thing was By-Health were ready and waiting.
Although there is no requirement to publish them I hope we get some (unofficial) figures for March to September.
What test results are we waiting on?
A bit of positivity in the results would go down a treat :)
Find out soon.
"The number of cardiovascular patients in my country has reached 330 million. These people should pay attention!"
"As the first company to apply for new functions, behind the approval document are countless sweats and sleepless nights by the By-Health R&D team."
https://www-163-com.translate.goog/dy/article/IFAPNQ6G05534E2F.html?_x_tr_sl=auto&_x_tr_tl=en&_x_tr_hl=en&_x_tr_pto=wapp
"The cardiovascular and cerebrovascular health market has an even higher year-on-year growth rate, hitting a high growth rate of 91% in Q1 of 2023."
"The growth rate of cross-border channels in the cardiovascular and cerebrovascular health market is even stronger, hitting a high growth rate of 97% in Q1 of 2023."
"Tomatoes received widespread attention as a nutrient-rich food at the recent Health and Nutrition Congress academic session."
"Water-soluble tomato concentrate, a tomato essence obtained through special processing, was also mentioned at the meeting. It is more easily absorbed by the body than regular tomatoes and has no risk of bleeding. "
https://zhuanlan-zhihu-com.translate.goog/p/657827019?_x_tr_sl=auto&_x_tr_tl=en&_x_tr_hl=en&_x_tr_pto=wapp
Would be nice to get the results on Monday morning but my guess is Friday.
As the date on the video says "Sep 21, 2023" I assume that its new.
Note that it also mentions the Gut-Heart Axis.
http://postimg.cc/23d96pCY
Don't forget By-Health is also a distributor for Fruitflow and might have already been selling it to other businesses.
Yes alfista, from the recent RNS we all know that......
"On 29 August 2023 it was announced in China that BYHEALTH had submitted: i) the first application under the Implementation Rules, seeking to obtain a new permitted health function claim for foods such as Fruitflow which help to 'maintain normal platelet aggregation function and benefit blood flow health'; and ii) some related product registration applications."
How many products they have registered (for Blue Cap) remains an unknown but I am sure B-H will require a sizable amount of FF for any product(s) launch.
Yep, firm news on revenue that will take us into profit.
Https://www-prnasia-com.translate.goog/story/418933-1.shtml?_x_tr_sl=auto&_x_tr_tl=en&_x_tr_hl=en&_x_tr_pto=wapp
PR Newswire
BY-HEALTH hosted a sub-forum at the Asian Nutrition Conference to convey the innovative trends in the dietary supplement industry
Professor Yang Yan of Sun Yat-sen University shared the clinical research results of water-soluble tomato concentrate, Qingluoxin, in maintaining normal platelet aggregation function. In the report, she introduced in detail the impact of platelet aggregation on cardiovascular health problems, as well as the randomized, double-blind, crossover design. In clinical studies, it was observed that Qingluoxin intervention significantly inhibited platelet excessive activation and aggregation, showing a positive impact on platelet function in middle-aged and elderly people.
I think the AGM date is normally released with the results.