Business
Extension of LPLDL® into Dairy Products
Extension of LPLDL® into Dairy Products.
About this update from Optibiotix Health Plc
[{"type":"text","content":"\n \nRNS Number : 6863C OptiBiotix Health PLC 12 February 2020 \n\nOptiBiotix Health plc\n(\"OptiBiotix\" or the \"Company\")\n \nExtension of LPLDL® into Dairy Products\n \nOptiBiotix Health plc (AIM: OPTI), a life sciences business developing compounds to tackle obesity, cardiovascular disease and diabetes, announces that its wholly-owned subsidiary ProBiotix Health Ltd. (\"ProBiotix\"), has signed a licencing agreement with Granja Pocha S.A. (\"Granja Pocha\") for the inclusion of ProBiotix's patented probiotic strain LPLDL® into a functional yogurt product in Uruguay, South America.\n \nUnder the terms of the agreement, SACCO S.r.l., which helped develop the yogurt formulation, will supply ProBiotix's cholesterol and blood pressure-reducing probiotic strain Lactobacillus plantarum LPLDL®, under a non-exclusive licence to Granja Pocha for inclusion into fermented milk products, such as yogurts, in Uruguay, with the aim of maximising the financial return for both Granja Pocha and ProBiotix. There are no minimum sales targets in the licencing agreement.\n \nGranja Pocha, was founded in 1980 in the main dairy basin of the Río de la Plata, Juan Lacaze, department of Colonia, Uruguay. Since 2013, they have sold products under the Colonial brand, including dulce de leche, cheeses, and yogurts. Granja Pocha describe themselves as having become one of Uruguay's largest and most respected dairy producers over the years.\n \n \nSteve Prescott, CEO of ProBiotix, commented: \"We are pleased to announce this agreement with Granja Pocha, which will expand LPLDL®'s presence into South America and extends its use into dairy products. Granja Pocha was chosen as our partner to create a functional yogurt containing LPLDL® because of their technical expertise in dairy, track record of successfully launching new products, and extensive knowledge of the local market. The work carried out by Granja Pocha is a significant milestone as it extends the use of LPLDL® into functional foods, in this case dairy, which may be replicated in other territories. Functional foods like this yogurt containing ProBiotix's LPLDL® provide a unique format for customer to receive the cholesterol reducing benefits of LPLDL® and capitalises on a growing industry trend towards functional foods.\"\n \nThis ann...