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Commercial and scientific update

20 Jul 2022 07:00

RNS Number : 0234T
OptiBiotix Health PLC
20 July 2022
 

OptiBiotix Health plc

("OptiBiotix" or the "Company")

 

Commercial and scientific update

 

OptiBiotix Health plc (AIM: OPTI), a life sciences business developing compounds to tackle obesity, high cholesterol, diabetes and skincare, provides an update on recent scientific and commercial activities.

 

1. Launch of WellBiome at IFT, USA: The Company has developed a new formulation of WellBiome® as part of its health and wellness portfolio to support healthy ageing. The product has several European and USA health claims allowing on pack claims for heart health, bone health, cognitive health and metabolic health. The formulation is protected by a portfolio of trademarks and patents and was soft launched at IFT in Chicago, USA. The launch of WellBiome® is part of a strategy of extending the Company's product portfolio into other areas of healthcare.

 

2. Clinical Study with University of Hull: The Company is conducting a human intervention study with The University of Hull investigating the impact of WellBiome® on reducing post operative complications and hospital stay. The study is funded by the University of Hull with an intended start date either in Q4 2022 or Q1 2023, subject to NHS ethics approval. There is growing interest in the potential of prebiotics in post operative care as a means of reducing pain, surgical complications, and the length of hospital stay. Whilst exploratory, if successful, this study could open up opportunities for WellBiome® in healthcare.

 

3. LeanBiome® Certified as an Informed Ingredient for Sports: The Company is pleased to announce that it has received approval for LeanBiome® as an Informed Ingredient (see https://ingredient.wetestyoutrust.com/ingredient-search/optibiotix/leanbiome). This is an industry certification which demonstrates that LeanBiome® has been through rigorous independent testing by an authorised body to confirm that it is free from substances that are banned in sport. The risk of contamination with low levels of substances prohibited by the World Anti-Doping Agency (WADA) is a serious issue in sport. Certification of LeanBiome® as an informed ingredient is an important step in attracting major sports nutrition companies to incorporate LeanBiome® in their sports nutrition products.

 

 

4. SweetBiotix® Publication: The Company is pleased to announce the publication of a study on the prebiotic activity and sweetness of one of its SweetBiotix® products in a peer reviewed journal (see https://pubs.acs.org/doi/10.1021/acs.jafc.2c01363). The study reports that enzymatic synthesis of modified mogroside and galacto-oligosaccharides (GOS) from lactose was able to generate products which positively modulated the microbiome with a sweetness profile similar to sugar. The products sweetness, bulking and prebiotic fibre properties could make it a suitable replacement to sugar in everyday products. This is one of a number of SweetBiotix® products developed for different application types in food, beverages, and dairy. Publications by independent authors in peer reviewed journals are critical in establishing industry awareness and credibility in the Company's products and provide valuable marketing assets to support product launches.

 

5. New Product Development-Extruded Puffs: The Company has been developing low calorie, high prebiotic fibre puffs that make you feel full for longer and reduce your food cravings as an extension of its SlimBiome® and LeanBiome® ranges. Taste testing of four flavours has been successful and investors should start seeing these products launched online and with partners later this year. This is all part of an ongoing product development programme with partners to extend the range of products containing SlimBiome® and LeanBiome®.

 

My Protein Breakfast Smoothie: The Company was pleased to see the recent launch of a breakfast smoothie range containing LeanBiome® by The Hut Group as part of its MYProtein range.

 

Stephen O'Hara, CEO of OptiBiotix Health plc commented: "The Company has been working to develop new first-generation products like LeanBiome® and WellBiome® into the sports nutrition and health and wellbeing market respectively, extend its product range for SlimBiome®, and provide scientific publications to support partners launching second generation products like SweetBiotix® and our microbiome modulators. This is all part of a process of gradually increasing the range of products, applications, and territories creating the potential to open larger market opportunities putting the Company in a strong position for future growth in this exciting area of healthcare."

 

The Directors of the Company are responsible for the release of this announcement.

 

For further information, please contact:

 

OptiBiotix Health plc

www.optibiotix.com

Neil Davidson, Chairman

Contact via Walbrook below

Stephen O'Hara, Chief Executive

 

 

Cairn Financial Advisers LLP (NOMAD)

Tel: 020 7213 0880

Liam Murray / Jo Turner / Ludovico Lazzaretti

 

Cenkos Securities plc (Broker)

Tel: 020 7397 8900

Callum Davidson / Neil McDonald

Michael Johnson / Russell Kerr (Sales)

 

Walbrook PR Ltd

Mob: 07876 741 001

Anna Dunphy

 

About OptiBiotix - www.optibiotix.com

OptiBiotix Health plc (AIM: OPTI), which was formed in March 2012, brings science to the development of compounds which modify the human microbiome - the collective genome of the microbes in the body - in order to prevent and manage human disease and promote wellness.

 

OptiBiotix has an extensive R&D programme working with leading academics in the development of microbial strains, compounds, and formulations which are used as active ingredients and supplements. More than twenty international food and healthcare supplement companies have signed agreements with OptiBiotix to incorporate their human microbiome modulators into a wide range of food products and drinks.

 

OptiBiotix is also developing its own range of consumer supplements and health products. The Company's current areas of focus include obesity, cardiovascular health, and diabetes. 

 

 

Caution regarding forward looking statements

Certain statements in this announcement, are, or may be deemed to be, forward looking statements. Forward looking statements are identified by their use of terms and phrases such as ''believe'', ''could'', "should" ''envisage'', ''estimate'', ''intend'', ''may'', ''plan'', ''potentially'', "expect", ''will'' or the negative of those, variations or comparable expressions, including references to assumptions. These forward-looking statements are not based on historical facts but rather on the Directors' current expectations and assumptions regarding the Company's future growth, results of operations, performance, future capital and other expenditures (including the amount, nature and sources of funding thereof), competitive advantages, business prospects and opportunities. Such forward looking statements reflect the Directors' current beliefs and assumptions and are based on information currently available to the Directors.

 

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UPDEALXNFSLAEFA
Date   Source Headline
4th Jul 20182:07 pmRNSResult of AGM
4th Jul 20187:00 amRNSDirectorate Change
26th Jun 20187:00 amRNSAgreement with global corporate for SweetBiotix®
21st Jun 20187:00 amRNSExclusive license agreement for LPLDL®
18th Jun 20187:00 amRNSManufacturing agreement with Morley Foods
14th Jun 20187:00 amRNSExercise of Options and Issue of Equity
11th Jun 20187:00 amRNSNotice of AGM
7th Jun 20187:00 amRNSUS launch of LPLDL® with Seed Health
31st May 20187:00 amRNSSweetBiotix® agreement with global dairy company
30th May 20187:00 amRNSPlacing and Issue of Equity
23rd May 20187:00 amRNSFinal Results
22nd May 20187:00 amRNSLP-LDL agreement for USA
18th May 20187:00 amRNSSlimBiome® wins award at Vitafoods 2018
16th May 20184:40 pmRNSHolding(s) in Company
16th May 20187:00 amRNSExclusive manufacturing and supply agreement
8th May 20187:00 amRNSLaunch of extended range of products at Vitafoods
1st May 20187:00 amRNSLP-LDL? news media interest in USA
30th Apr 20187:00 amRNSNotice of Results
24th Apr 20187:00 amRNSSlimBiome non-exclusive UK distribution agreement
19th Apr 20187:00 amRNSAppointment of Head of Online Sales and Marketing
18th Apr 20187:00 amRNSCholBiome exclusive distribution agreement
5th Apr 20187:00 amRNSNew patent filings for SweetBiotix
27th Mar 20187:00 amRNSScientific and commerical update
8th Mar 20187:00 amRNSLaunch of Slimbiome in Nutri-bites
6th Mar 20187:00 amRNSLPLDL® Exclusive European License Agreement
28th Feb 20187:00 amRNSOptiBiotix Capital Reorganisation
6th Feb 20187:00 amRNSExercise of warrant and issue of equity
1st Feb 20182:22 pmRNSDirector's dealing
30th Jan 20183:03 pmRNSExercise of warrant and issue of equity
25th Jan 201811:45 amRNSResult of Meeting
23rd Jan 20187:00 amRNSSweetBiotix® development: human taste studies
17th Jan 20187:00 amRNSPresentation of data at European Conference
8th Jan 20183:12 pmRNSShareholder Circular and Notice of General Meeting
8th Jan 20187:00 amRNSDirectorate Changes
14th Dec 20173:35 pmRNSExercise of warrant and issue of equity
12th Dec 20177:00 amRNSManufacturing, supply & profit sharing agreement
5th Dec 20177:00 amRNSProposed directorate changes
28th Nov 20177:00 amRNSCapital reorganisation
17th Nov 20173:06 pmRNSExercise of Warrant and Issue of Equity
8th Nov 20177:00 amRNSSlimBiome® commercial & product development update
1st Nov 20177:00 amRNSManufacturing, supply & profit sharing agreement
26th Oct 20177:00 amRNSPresentation of research
24th Oct 20177:00 amRNSLPLDL® supply agreement with Galenicum
4th Oct 20177:00 amRNSSuccessful launch of products at Supply Side West
19th Sep 20177:00 amRNSTechnical, regulatory & commercial update
13th Sep 20177:00 amRNSStrategic partnership with Bened Biomedical
11th Sep 201712:00 pmRNSHolding(s) in Company
7th Sep 20177:00 amRNSInvited to present at Expoquimia in Barcelona
6th Sep 20179:30 amRNSInvestor evening
5th Sep 20177:00 amRNSManufacturing Agreement with Tata Chemicals

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