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

License agreement for LPLDL®

7 May 2019 07:00

RNS Number : 0835Y
OptiBiotix Health PLC
07 May 2019
 

OptiBiotix Health plc

("OptiBiotix" or the "Company")

 

License agreement for LPLDL® in personalised nutrition applications

 

OptiBiotix Health plc (AIM: OPTI), a life sciences business developing compounds to tackle obesity, cardiovascular disease and diabetes, announces that its fully-owned subsidiary ProBiotix Health Ltd., has signed a license agreement with Instituto Español de Nutrición Personalizada, S.A. ("IENP") for the use of Lactobacillus plantarum ("LPLDL®") in personalised food supplements in Spain.

 

The agreement grants IENP non-exclusive rights to manufacture and market food supplements containing OptiBiotix's cholesterol and blood pressure-reducing probiotic strain LPLDL® in Spain for a period of three years. IENP is the precision nutrition branch of CAPSA Food, one of the largest food conglomerates in Spain, owner of leading dairy brands such as Central Lechera Asturiana and Larsa, with annual revenues of over €700m. In 2017, they were awarded 'Leading company in the Food Sector' with the ORO +500 SEAL of European Excellence and the Reptrak first prize for the company with the best reputation in Spain by the Reputation Institute (see https://www.capsafood.com/company/awards)

 

IENP have developed an innovative genomic test to analyse the gut microbiome, the bacteria living in the intestine, to detect imbalances which may potentially lead to different health conditions. Based on results, customers are placed on different, targeted food supplement regimens to take their microbiome composition back to healthy. IENP have developed COL-15, a microbiome-modulating food supplement commercialised under the "39ytú" brand. IENP will use their extensive network to market the product in supermarkets, department stores, pharmacies, and online across Spain.

 

Personalised nutrition is a nascent field which holds the promise to revolutionise the way food, health and wellness are conceived. According to Reseach And Markets (2018), the global market for personalised nutrition is expected to grow by CAGR ca. 10% to USD$50bn by 2025, with food supplements its fastest-growing segment.

 

Dr. Luis Gosálbez, Business Development Director of OptiBiotix, commented: "We are delighted to enter the field of personalised and precision nutrition, one of the fastest-growing and highest-value sectors within the food industry. We chose IENP due to its industry reputation, decades of experience in the Spanish food market, and its ability to rapidly launch products and build sales. Within two years of launch, we now have products being sold by numerous partners in over 30 countries around the world. This builds revenues and increases the value of our trademarked and patented assets, like LPLDL®, as it grows into a global brand. We see this agreement as another step to growing revenues, market presence, and brand value of LPLDL®, the 'Intel' inside a wide range of products in consumer and pharmaceutical markets around the world."

 

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

 

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)

Liam Murray / Jo Turner

Tel: 020 7213 0880

 

finnCap (Broker)

Geoff Nash/ Scott Mathieson / Kate Bannatyne (Corporate Finance)

Camille Gochez (Corporate Broking)

 

Tel: 020 7220 0500

 

Walbrook PR Ltd

 

Tel: 020 7933 8780 or optibiotix@walbrookpr.com

Anna Dunphy

Mob: 07876 741 001

 

 

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 program 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.

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.
 
END
 
 
AGRBSGDURBGBGCX
Date   Source Headline
30th Apr 20247:00 amRNSManufacturing agreement with KAG Industries
15th Apr 20248:49 amRNSHolding(s) in Company
25th Mar 20247:00 amRNSPlacing, Subscription and Director Dealing
18th Mar 202411:36 amRNSHolding(s) in Company
13th Mar 20247:00 amRNSPartnership agreement with Morepen for SlimBiome
8th Mar 20244:09 pmRNSHolding(s) in Company
27th Feb 20247:00 amRNSStrategic and commercial update
9th Feb 20247:00 amRNSChange of auditor
5th Feb 20247:00 amRNSPresentation at ProBiota 2024
30th Jan 20247:00 amRNSSweetBiotix Update
15th Jan 20247:00 amRNSLaunch of LeanBiome in Muscletech
4th Dec 20237:00 amRNSDirectorate Change
28th Nov 20237:00 amRNSDistribution agreement for SlimBiome
24th Nov 20237:00 amRNSHolding(s) in Company
22nd Nov 20237:00 amRNSBBSRC Grant for WellBiome®
1st Nov 20237:00 amRNSCommercial update
23rd Oct 20237:00 amRNSLicense agreement with Tata Chemicals
19th Oct 20233:02 pmRNSHolding(s) in Company
27th Sep 20237:00 amRNSHalf-year Report
22nd Sep 20237:00 amRNSPlanned launch of OptiBiotix products with Boots
29th Aug 20237:00 amRNSCommercial update
31st Jul 202312:51 pmRNSHolding(s) in Company
26th Jul 202312:34 pmRNSResult of AGM
19th Jul 20237:00 amRNSSweetBiotix® overview
28th Jun 20237:00 amRNSFinal Results
4th May 20237:00 amRNSInvestor update
21st Mar 20237:00 amRNSChange of Broker
15th Mar 20237:00 amRNSSlimbiome study results
21st Feb 20237:00 amRNSDirectorate Change
30th Jan 20234:28 pmRNSHolding(s) in Company
5th Dec 20227:00 amRNSIssue of Equity – Subscription
10th Nov 202211:30 amRNSInvestor update
1st Nov 20227:00 amRNSLaunch of GoFigure products on Tmall China
24th Oct 20227:00 amRNSApproval of GoFigure products
17th Oct 20227:00 amRNSNew health claims for SlimBiome in Australia
17th Oct 20227:00 amRNSNew health claims for SlimBiome in Australia
28th Sep 20227:00 amRNSHalf-year Report
26th Sep 20227:00 amRNSLaunch of novel prebiotic in Europe and Africa
20th Sep 20227:00 amRNSLaunch of GoFigure range with Apollo Hospitals
14th Sep 20227:00 amRNSNew commercialisation partner in Asia Pacific
24th Aug 20224:41 pmRNSSecond Price Monitoring Extn
24th Aug 20224:35 pmRNSPrice Monitoring Extension
24th Aug 20222:06 pmRNSSecond Price Monitoring Extn
24th Aug 20222:00 pmRNSPrice Monitoring Extension
24th Aug 202211:06 amRNSSecond Price Monitoring Extn
24th Aug 202211:00 amRNSPrice Monitoring Extension
24th Aug 20229:05 amRNSSecond Price Monitoring Extn
24th Aug 20229:00 amRNSPrice Monitoring Extension
24th Aug 20227:00 amRNSTrading update
26th Jul 202212:31 pmRNSResult of AGM

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.