OptiBiotix Health - License agreement for LPLDL®
Released
Released
Announcement PDF
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
growing revenues, market presence, and brand value of LPLDL®,
'Intel'
inside
a
wide
range
in consumer and pharmaceutical markets around the world."
of
to
the
products
This announcement contains inside information for the purposes of Article 7 of EU
Regulation 596/2014.
For further information, please contact:
OptiBiotix Health plc
Stephen O'Hara, Chief Executive
Cairn Financial Advisers LLP (NOMAD)
Liam Murray / Jo Turner
finnCap (Broker)
Geoff Nash/ Scott Mathieson / Kate Bannatyne
(Corporate Finance)
Camille Gochez (Corporate Broking)
Walbrook PR Ltd
Anna Dunphy
www.optibiotix.com
Contact via Walbrook
below
Tel: 020 7213 0880
Tel: 020 7220 0500
Tel: 020 7933 8780 or
optibiotix@walbrookpr.com
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
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