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IN BRIEF: OptiBiotix Health subsidiary signs Asia Pacific agreement

ALN

OptiBiotix Health PLC - York-based probiotics developer tackling cardiovascular diseases and lifestyle conditions - Says its wholly owned subsidiary OptiBiotix Ltd has signed a services agreement with Nutraconnect Pte Ltd for the Asia Pacific region. Notes that Nutraconnect will develop and implement the go-to-market strategy for prebiotics ingredients SlimBiome and LeanBiome. ‘Nutraconnect is a nutraceutical business growth acceleration service headquartered in Singapore,’ the company says.

OptiBiotix Ltd Chief Executive Rene Kamminga comments: ‘Nutraconnect brings unique regulatory and commercial experience combined with an extensive distribution and agency network in the various countries in the region. This partnership will help expedite the commercialisation of our prebiotic technologies in strategic countries in the region.

‘At the same time, it will allow OptiBiotix to focus primarily on established key accounts and building up our North American presence and sales,’ Kamminga adds.

Current stock price: 17.51 pence

12-month change: down 68%

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