The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksOptiBiotix Health Regulatory News (OPTI)

Share Price Information for OptiBiotix Health (OPTI)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 18.00
Bid: 17.50
Ask: 18.50
Change: 0.00 (0.00%)
Spread: 1.00 (5.714%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 18.00
OPTI Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Launch of LeanBiome with global nutrition leader

1 Dec 2021 07:00

RNS Number : 1039U
OptiBiotix Health PLC
01 December 2021
 

OptiBiotix Health plc

("OptiBiotix" or the "Company")

 

Launch of LeanBiomeTM with global leader in beauty & nutrition brands

 

OptiBiotix Health plc (AIM: OPTI), announces the launch of a new sports nutrition product range branded LeanBiomeTM alongside a new supply & licensing agreement with a leading global player in beauty & nutrition ("the Partner"). This agreement grants the Partner a license to manufacture and sell finished products containing LeanBiomeTM across Europe, Australia and Asia.

 

OptiBiotix is a life sciences business developing patented science and human study-based compounds that modulate the microbiome to address metabolic syndrome and diabetes, systemic low-grade inflammation, obesity, cardiovascular disease, high cholesterol and supports healthy aging.

 

The Partner is a British e-commerce company which specialises in taking beauty and nutrition brands direct to consumer ("D2C") through its proprietary e-commerce platform across the globe. The Partner's technology, brand building expertise, and global infrastructure allows it to reach millions of customers around the world. They own the largest D2C sports nutrition brand globally.

 

LeanBiomeTM is a scientifically formulated sports nutrition ingredient which has been developed by OptiBiotix that supports athletes seeking to increase lean muscle mass to change their body composition. LeanBiomeTM contains a patented combination of fibres, prebiotics and minerals aimed specifically at supporting the microbiome diversity of athletes on a high protein diet. LeanBiomeTM adds unique differentiation to a new premium product line of the Partner and will get on-pack recognition. The new product line of the Partner is aimed at increasing lean muscle mass which is scheduled to be rolled out from January 2022 in Europe and Asia. If the product line is successful, it is expected to be introduced to the North American market in due course. The agreement is expected to generate approximately £1m in annualised and recurring turnover for the Company starting in 2022. First orders worth £200k have been placed and are on schedule for delivery in early December 2021.

 

There is growing scientific evidence of an anecdotal link between the microbiome and athletic performance (Do microbes affect athletic performance? (nature.com).

 

This agreement is part of OptiBiotix's strategy to offer pro- and prebiotic solutions aimed at modulating the microbiome that allow leading brands to differentiate their health & wellness products.

 

René Kamminga, CEO of OptiBiotix Limited, commented: "We are very pleased to announce this agreement with the Partner and its sports nutrition division. LeanBiomeTM has been specifically formulated with the needs of athletes in mind and builds on our core expertise in functional ingredients with effect on the microbiome to achieve health effects. The Partner is a formidable company to partner with and we are pleased that LeanBiomeª has been selected as the preferred source of differentiation for their new product line. This launch is another important step in building sales and brand presence for OptiBiotix' solutions with major partners around the world."

 

This announcement contains information which, prior to its disclosure, was considered inside information for the purposes of the UK Market Abuse Regulation and the Directors of the Company are responsible for the release of this announcement.

 

 

For further information, please contact:

 

OptiBiotix Health plc

www.optibiotix.com

Stephen O'Hara, Chief Executive

Contact via Walbrook below

 

 

 

 

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

 

   

 

 

Caution regarding forward looking statements

 

Certain statements in this announcement, are, or may be deemed to be, forward looking statements. Forward looking statements are identiÞed 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 reßect the Directors' current beliefs and assumptions and are based on information currently available to the Directors.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
AGRDBLFXFFLLFBZ
Date   Source Headline
3rd Feb 20144:31 pmRNSFurther re Open Offer
30th Jan 20144:37 pmRNSOffer Document Posted
30th Jan 20144:36 pmRNSAnnual Financial Report
28th Nov 20137:00 amRNSChange of Name
26th Nov 20137:00 amRNSChange of Rule 26 Website Address
25th Nov 201311:57 amRNSHolding(s) in Company
20th Nov 20131:21 pmRNSHolding(s) in Company
18th Nov 201312:53 pmPRNNotice of GM and Directorate Change
1st Nov 20134:05 pmPRNPosting of Circular
8th Aug 20137:00 amPRNUpdate
2nd Aug 20137:00 amPRNIssue of Equity - Conversion of Debt, Directors Dealing
25th Apr 20137:00 amPRNHalf-yearly Report
14th Mar 201311:19 amPRNResult of AGM, General Meeting and Issue of Equity
19th Feb 20137:00 amPRNNotice of General Meeting, AGM and Placing
31st Jan 20133:09 pmPRNFinal Results
6th Dec 201212:38 pmRNSNew Contract Win
15th Oct 20128:21 amRNSNew Product Approvals
12th Oct 20127:00 amPRNUpdate and Directorate Changeange
14th Sep 201211:30 amRNSProduct Approval
6th Sep 20127:00 amPRNNew Product Sales
3rd Sep 201210:54 amPRNChange of Adviser
3rd Sep 20128:55 amRNSNew Product Announcement
2nd Jul 20123:56 pmPRNTotal Voting Rights
18th Jun 201211:49 amPRNResult of General Meeting
14th Jun 201210:32 amPRNFurther re placing, update and grant of options
1st Jun 20123:22 pmPRNTotal Voting Rights
24th May 20127:00 amPRNPosting of Circular and change of registered office
22nd May 201211:30 amPRNPlacing and update
30th Apr 201212:00 pmPRNHalf-yearly Report
29th Feb 20121:20 pmPRNTotal Voting Rights
8th Feb 20127:01 amPRNIssue of Equity
8th Feb 20127:00 amPRNTrading Update
24th Jan 20127:00 amPRNHolding(s) in Company
19th Dec 201112:10 pmPRNResult of Annual General Meeting and Statement
2nd Dec 20117:00 amPRNDirectorate change and update
31st Oct 20112:16 pmPRNPosting of report and accounts
28th Oct 20117:00 amPRNFinal Results
23rd Sep 201110:38 amPRNShare Price Movement and Update
9th Sep 20117:00 amPRNFirst Day of Dealings

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.