Business
Avivagen Secures Largest-Yet Order of OxC-beta™ Livestock
Avivagen Secures Largest-Yet Order of OxC-beta™ Livestock.
About this update from Avivagen, Inc.
[{"type":"text","content":"Avivagen Inc. (TSXV:VIV) (“Avivagen”), a life sciences corporation focused on developing and commercializing products for livestock, companion animal and human applications that safely enhance and support immune function, thereby supporting general health and performance, has received its largest yet order for OxC-beta™ Livestock from UNAHCO, its long-standing partner in the Philippines. The three-tonne order represents a 50% increase from the previous largest order by UNAHCO and brings its total to date of OxC-betaTM Livestock to more than 18 tonnes.“Since its November 2016 purchase of 150 kilograms for use in swine feed, UNAHCO’s demand for the product has grown significantly. The steady growth in UNAHCO’s use of OxC-beta reflects increased adoption across the company’s line of swine feed combined with expanded applications in the company’s various premixes which today includes use in both broilers and sows,” said Kym Anthony, Chief Executive Officer of Avivagen Inc. “The growth in UNACHO’s use of the product is based on the success of its OxC-beta-containing swine feed combined with ongoing product testing demonstrating a growing list of species and performance parameters that are positively affected by OxC-betaTM .”The UNAHCO relationship has served as a tested and successful adoption model for Avivagen and its customers. Initial small orders are distributed by feed producers quickly, followed by growing and more consistent demand with expanded use and application of OxC-betaTM Livestock following shortly thereafter. With approvals and new orders recently secured in Malaysia, Mexico, Thailand and Taiwan, and approval in Brazil expected in the near future, Avivagen believes this adoption model will continue driving increased demand and applications from both current and future OxC-betaTM Livestock customers globally.The fact that UNAHCO’s largest order of OxC-betaTM Livestock to date comes amidst the ongoing Coronavirus pandemic, a time when worldwide food production is under enormous stress, is evidence of the critical impact that the product has on the health and productivity of food producing animals. OxC-beta has proven to be a safe and highly effective feed additive for swine, broiler and dairy feeds, with growing adoption in major production markets.About AvivagenAvivagen is a life sciences corpo...