Launch of Supplement Chews

 

TIDMONG 
 
RNS Number : 3770M 
Oxford Nutrascience Group PLC 
24 May 2010 
 

 
                          Oxford Nutrascience Group plc 
                    ("Oxford Nutrascience" or "the Company") 
    Validation of technology with launch of supplement chews and signing of 
                            manufacturing agreement 
Oxford Nutrascience announces the launch of two new chewy confectionery products 
that use its proprietary fortified chewy confectionery system ("the 
technology"). One chew is a cranberry supplement and the other is a children's 
confectionery chew containing prebiotic fibre, omega-3 and vitamins A,C,D and E. 
 
The launch of the chews provides further validation of the Company's proprietary 
technology which uses soluble fibres to enable  functional ingredients such as 
vitamins and minerals to be added without compromising taste, texture and 
stability. Importantly the technology also deliversconfectionery that is high in 
fibre yet reduced in sugar and fat. 
 
The Company has pending UK and European patent applications for the technology 
and these two new products are the first applications of the Company's 
technology to be brought to market. 
 
The two products will be available to consumers during the second half of 2010 
as part of the Group's own product range and are being made available to other 
over-the-counter consumer healthcare companies seeking to use Oxford 
Nutrascience's confectionery technology. 
The launch of the chews follows the recent signing of an exclusive manufacturing 
agreement with Lamy Lutti, one of the largest confectionery manufacturer's in 
Europe which produces 53,000 tonnes of confectionary products a year and has a 
turnover of approximately EUR130 million. The Company formally signed the 
agreement with Lamy Lutti on 21 May 2010. 
In addition to the two new chews announced today, Lamy Lutti is working with 
Oxford Nutrascience to develop more exciting new chews using the Company's 
unique proprietary technology. The partnership with Lamy Lutti provides a 
scaleable production facility and also allows the Company to expand its chew 
development capability. Further chews are due to be brought to market during 
2011. 
Nigel Theobald, Chief Executive, Oxford Nutrascience Group Plc commented: 
"The launch of these two new chews is part of Oxford Nutrascience's stated 
strategy of exploiting our nutraceutical and taste-masking technology by 
increasing our range of vitamin chews. At last week's Vitafoods trade show in 
Switzerland we had exciting levels of enquiries in our chews from both 
distributors and international over-the-counter consumer healthcare companies 
who are interested in working with our technology. 
"Lamy Lutti have proven that they are able to manufacture our chews on a mass 
scale without any detrimental affect on the nutritional benefits, taste or 
chewing sensation of the final product. Our ability to attract a company of Lamy 
Lutti's calibre reflects the integrity of our technology and the opportunity for 
our chews." 
                                    - Ends - 
For further information: 
www.oxfordnutrascience.com 
 
Oxford Nutrascience Group Plc 
Nigel Theobald, Chief Executive                           [phone] 
Mark Way, Investor and Media Relations              [phone] 
 
ZAI Corporate Finance (Nominated Adviser) 
Ray Zimmerman                                                [phone] 
Sarang Shah                                                     [phone] 
 
 
About Oxford Nutrascience Group Plc 
·      Oxford Nutrascience is a UK consumer healthcare company that develops 
chewy confectionery, chewable tablets and liquid suspensions to allow medicines 
and vitamin supplements to be taken in a more pleasant and convenient way. 
 
·      Oxford Nutrascience has developed technology for the use of soluble 
fibres in medicine delivery systems that disperse and solubilise medicines, 
improve taste and mouth feel, simplify processing and eliminate additives, 
incorporate prebiotic health benefits. 
 
·      Chews: Oxford Nutrascience currently produces Ellactiva , a calcium chewy 
supplement sold in the UK and in the Middle East, and plans to launch new chews 
to complement this existing product. 
 
·      Chewable tablets and liquid suspensions: The target market for Oxford 
Nutrasciences' Chewitabs(TM) and liquid suspension delivery systems are 
over-the-counter ("OTC") pain relieving drugs, indigestion preparations and 
cough and cold medicines. 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
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