Business
Launch of weight management products
Launch of weight management products.
About this update from Optibiotix Health Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 6922B\n OptiBiotix Health PLC\n 12 October 2020\n \n \n \n OptiBiotix Health plc\n \n \n (\n \n \"OptiBiotix\" or the \"Company\")\n \n \n Launch of weight management products in Australia and New Zealand\n Shakes and bars containing OptiBiome® technology\n \n \n OptiBiotix Health plc (AIM: OPTI), a life sciences business developing compounds to tackle obesity, high cholesterol, diabetes and skincare,announces the launch of meal replacement shakes and bars containing OptiBiotix's OptiBiome® proprietary weight management technology under the Optislim®brand with Woolworths, ChemistWarehouse and on OptiPharm Pty Ltd's (\"OptiPharm\") online store in Australia and New Zealand. \n \n \n \n \n \n These simultaneous launches build on a licence agreement entered\n \n into in March 2020\n \n grant\n ing \n OptiPharm exclusive use of the OptiBiome® trademark in Australia, parts of Asia, New Zealand, Middle East, the Gulf States and North America\n (RNS: 31 March 2020) and subsequent extension of terms to include Europe (RNS: 5 August 2020). \n \n \n \n \n \n OptiPharm \n is\n a privately owned Australian company which has been operating for 24 years.\n \n OptiPharm's flagship brand\n ,\n Optislim®\n ,\n is the No. 1 Australian weight management brand incorporating shakes, soups \n and\n bars available as total (very low calorie diet) or partial (low calorie diet) meal replacements.\n \n \n \n \n \n \n Garry McDonald, Managing Director of OptiPharm, commented: \"We are delighted to announce the release of our Optislim®- Optibiome®range of meal replacement shakes & snack bars. Products will be available to Australian consumers from the week commencing 12 October 2020 via the Chemist Warehouse group and the Woolworths supermarket chain. Release will follow shortly throughout New Zealand with contracts currently being finalised for a number of regions throughout Asia. Essentially, we are revolutionising meal replacements utilising OptiBiome®, the award winning, patented ingredient from OptiBiotix. We look forward to a long and successful association with the OptiBiotix team.\"\n \n \n \n Dr. Fred Narbel,\n \n \n \n \n \n Managing Director of OptiBiotix's prebiotics division\n \n ,&...