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SIS Science In Sport Plc

15.75
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Science In Sport Plc LSE:SIS London Ordinary Share GB00BBPV5329 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 15.75 15.50 16.00 15.75 15.75 15.75 2,685 08:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Health & Allied Services,nec 63.77M -10.91M -0.0640 -2.46 26.83M

Science in Sport PLC SIS granted patent for novel WHEY20

30/05/2017 7:02am

RNS Non-Regulatory


TIDMSIS

Science in Sport PLC

30 May 2017

 
 For immediate release   30th May 2017 
 
 

SCIENCE IN SPORT PLC

("SiS" or the "Company")

SIS granted patent for novel WHEY20

Science in Sport plc (AIM: SIS), a leading sports nutrition company that develops, manufactures and markets sports nutrition products for professional athletes and sports enthusiasts, is pleased to announce it has received a Certificate of Grant of Patent for WHEY20 reflecting the unique features and benefits of the product.

SiS launched its novel WHEY20 protein gel ('WHEY20') in January 2016, which helps athletes' maintain muscle mass and can also promote muscle growth. Sales of WHEY20 have been ahead of forecast in the first year and this year sees a relaunch with two new flavours.

The production of WHEY20 required several technical challenges to be overcome and marks a significant breakthrough in the creation of a ready-to consume high-quality protein. WHEY20's unique composition provides consumers with a portable, highly concentrated source of whey protein (20g) that does not require refrigeration. These unique features give WHEY20 widespread appeal in the sports and health and gym markets.

Whey protein is central to the WHEY20 formulation as this protein is rich in essential amino acids, especially the branched chain amino acids (BCAAs). The composition of whey protein is almost identical to muscle tissue, this makes it the ideal protein source for athletes who wish to maintain muscle tissue, or increase muscle mass .

Several gels on the market contain collagen. This has a very different amino acid content to human muscle and is nutritionally inferior to whey protein. Most existing whey protein products on the market are powders, which have to be mixed by the consumer. Some ready to drink products provide a convenient source of whey protein, but often require refrigeration and invariably they have a lower whey protein content than WHEY20.

SiS Chief Executive Stephen Moon commented:

"Science and innovation underpins everything we do and we are delighted to continue to be at the cutting edge of developments in sports science and the manufacturing process of products, whilst building a portfolio of patents. We have a very strong innovation pipeline for 2017 onwards, continuing to work on further innovation to fuel professional athletes and sports enthusiasts."

For further information:

 
 
    Science in Sport PLC                   +44 (0) 20 7400 3700 
  Stephen Moon, CEO 
  Elizabeth Lake, Finance Director 
 
    Cenkos Securities - NOMAD and 
    Broker                                 +44 (0) 20 7397 8900 
  Bobbie Hilliam 
 
 
  Yellow Jersey PR - Financial PR 
  Felicity Winkles                        +44 (0) 7748 843 871 
  Harriet Jackson                         +44 (0) 7544 275 882 
 
 

Notes for editors

About Science in Sport plc

Science in Sport plc is a leading sports nutrition company that develops, manufactures and markets sports nutrition products for professional athletes and sports enthusiasts. SiS is a strong brand in the elite athlete community - in the 2016 Rio Olympics, 34 medal-winning athletes or teams used SiS products (compared with 24 in 2012).

The SiS core product ranges include: SiS GO, comprising energy powders, isotonic gels, energy bars and hydration tablets; SiS REGO, including protein-based recovery powders and bars; and SIS Protein, products specifically designed to contribute to athletes' lean muscle mass growth and maintenance. SiS products are sold in a range of retail channels, including specialist sport retailers, major grocers, high street retailers and e-commerce websites.

SiS is currently the official sports nutrition supplier to professional cycling team Team SKY, British Cycling and USA Cycling. SiS is also the official sports nutrition partner to Liverpool FC. In addition, Olympians Sir Chris Hoy MBE, and Katarina Johnson Thomson are Brand Ambassadors and Mark Cavendish MBE is an Elite Sports Consultant to the brand.

SiS was founded in 1992 and is headquartered in Hatton Garden, London. Its manufacturing facility is in Nelson, Lancashire.

SiS shares are traded on the AIM market of the London Stock Exchange under the ticker symbol SIS.

For further information, please visit www.scienceinsport.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

May 30, 2017 02:02 ET (06:02 GMT)

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