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Share Name Share Symbol Market Type Share ISIN Share Description
Optibiotix Health Plc LSE:OPTI London Ordinary Share GB00BP0RTP38 ORD 2P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +3.00p +3.92% 79.50p 78.00p 81.00p 80.00p 76.50p 76.50p 256,595 12:20:57
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Health Care Equipment & Services 0.5 -1.9 -2.3 - 68.00

OptiBiotix Health PLC License agreement for LPLDL®

07/05/2019 7:00am

UK Regulatory (RNS & others)


Optibiotix Health (LSE:OPTI)
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2 Months : From Apr 2019 to Jun 2019

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TIDMOPTI

RNS Number : 0835Y

OptiBiotix Health PLC

07 May 2019

OptiBiotix Health plc

("OptiBiotix" or the "Company")

License agreement for LP(LDL) (R) 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 ("LP(LDL) (R)") 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 LP(LDL) (R) 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 EUR700m. 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 LP(LDL) (R), as it grows into a global brand. We see this agreement as another step to growing revenues, market presence, and brand value of LP(LDL) (R), 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)                                              Tel: 020 7220 0500 
  Camille Gochez (Corporate Broking) 
 
   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.

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May 07, 2019 02:00 ET (06:00 GMT)

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