RNS continued4 Oct 2017 08:52
Stephen O'Hara, CEO of OptiBiotix, commented: "We are extremely pleased with the very high level of interest from both national and multinational companies interested in our products and the opportunity to meet with senior US and Asian decision makers at Supply Side West. We are particularly pleased by the commitment shown by our partners who have invested significant financial resources in providing exhibition space, appointed and trained new personnel, and developed new products at their own cost, to support the commercialisation of our products. We believe this reflects the high level of confidence in the commercial potential of our products. As we build the range of applications and geographic scope of LPLDL® and SlimBiome® with new manufacturing and distribution partners; the scale of the opportunity enlarges allowing us to fully exploit the revenue generating potential of our products. If successful, this low risk, low cost approach to accessing multiple consumer healthcare and pharmaceutical markets around the world with multiple products has the potential to cumulatively generate substantive revenues in the forthcoming years across all platforms."