OptiBiotix Health - License agreement for LPLDL® in Japan
Released
Released
Announcement PDF
RNS Number : 2614E
OptiBiotix Health PLC
03 July 2019
OptiBiotix Health plc
("OptiBiotix" or the "Company")
License agreement for LPLDL® in Japan
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. ("ProBiotix"), has signed a non-exclusive license agreement with
Tenshindo, Co. Ltd. ("Tenshindo") for the use of Lactobacillus plantarum LPLDL®
("LPLDL®") in cardiovascular food supplements in Japan.
Tenshindo is a manufacturer of functional food and cosmetics products founded in
Japan in 1986. LPLDL® will be the active ingredient in a novel cardiovascular health
product that Tenshindo will add to its current portfolio of over 50 products.
Tenshindo and ProBiotix will work together to obtain an authorised cardiovascular
health claim for LPLDL® from the Japanese authorities, based on the existing clinical
and market evidence on the strain.
This is the first end product application deal in Japan emerging from ProBiotix's
agreement with the local distributor EIWA Trading Corporation in February 2019 (RNS:
11 February 2019) to distribute LPLDL® in the country, and part of the Company's
strategy to include LPLDL® in a wide range of cardiovascular health supplements, and
in food, dairy, and beverage products across the world. EIWA and ProBiotix are
working together to replicate this model with different partners and different
applications in the Japanese market.
Dr. Luis Gosalbez, Business Development Director of OptiBiotix, commented:
"We are pleased to announce this deal with Tenshindo, which will mean our first LPLDL®
finished product placement on the Japanese market.
Obtaining an authorised cardiovascular health claim for LPLDL® from Japanese
authorities will not only be highly advantageous from the commercial point of view, but
also an important endorsement for ProBiotix's science. Tenshindo, with over 30 years of
experience in this market, are an excellent commercial and regulatory partner to make
the most of this opportunity."
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 / Ludovico Lazzaretti
finnCap (Broker)
Geoff Nash/ Scott Mathieson / Kate Bannatyne (Corporate
Finance)
Camille Gochez (Corporate Broking)
goetzpartners securities Limited
Ulrich Kinzel
Walbrook PR Ltd
Anna Dunphy
www.optibiotix.com
Contact via Walbrook
below
Tel: 020 7213 0880
Tel: 020 7220 0500
Tel: 0203 859 7725
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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