Business
Avivagen Secures New Sales of OxC-beta™ in Taiwan and Thailand
Avivagen Secures New Sales of OxC-beta™ in Taiwan and Thailand.
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 signed two orders to purchase to sell OxC-beta™ in Asia. A new flow of orders has been secured with Top Feed, one of Thailand’s leading commercial feed mills, and a purchase order secured with a new client Fwusow, one of Taiwan’s leading feed producers and integrators.With more than 100 years of experience, Fwusow is a leader in producing food for companion animals including dogs, cats and ornamental fish, as well as livestock. The company’s dog food is the #1 selling brand in Taiwan. Following the purchase Fwusow plans to develop and launch a new line of dog food that will highlight “Powered by OxC-beta” branding on the packaging. Use in Fwusow’s high profile brand of dog food will not only raise industry awareness of the product, it will also facilitate the introduction of OxC-beta into the company’s lines of integrated and commercial livestock feeds in the future.Originally Avivagen’s first customer in Thailand with its first purchase of OxC-betaTM Livestock in 2018, Top Feed, a high respected producer of poultry and swine feeds has consistently and continuously increased both the frequency and size of its orders. The company’s order frequency and size has grown from 25kgs every six months up to 50kgs each month for the last four months. This significant increase in size and frequency of Top Feed’s orders is typical of the product use trajectory seen with several of our customers, and confirms our strategy of allowing new customers to test small amounts at first, leading to significant increases in use and frequency thereafter.“We are very excited to be working with two of Asia’s most important companion animal and livestock feed producers, further growing the footprint for OxC-beta in both Thailand and Taiwan,” said Kym Anthony, C.E.O. of Avivagen. “Top Feed has been an important and valued customer for Avivagen for several years, and its consistent growth in both order frequency and size is evidence of the positive impact that OxC-beta Livestock is having as a part of its product line. With Fwusow’s plans for a high-quality new line of dog foods,...