Business
SlimBiome® commercial & product development update
SlimBiome® commercial & product development update.
About this update from Optibiotix Health Plc
[{"type":"text","content":"\n \nRNS Number : 8284V OptiBiotix Health PLC 08 November 2017 \n\nOptiBiotix Health plc\n(\"OptiBiotix\" or the \"Company\")\n \nSlimBiome® commercial and product development update\n \nOptiBiotix Health plc (AIM: OPTI), a life sciences business developing compounds to tackle obesity, high cholesterol, diabetes and skin care provides the following product development and commercial update on its SlimBiome® product platform.\n \nSlimBiome® Product and Application Development\nFurther to the manufacturing and supply agreement with Knighton Foods announced on 1 November 2017, OptiBiotix is launching a new improved version of its SlimBiome® product platform. The product development has been achieved using Knighton's specialised powder technology which makes SlimBiome® easier to dissolve, greatly enhancing ease of use, flavour and mouthfeel. This will provide a range of new product and application opportunities with partners in the bakery (e.g. in store bakeries), snacking, food service (e.g. coffee shops) and beverage categories and meet growing consumer demand for 'on the go' products.\n \nSlimBiome® Product Range Extension\nThe new improved SlimBiome® will be sold as an ingredient in white label format, and in OptiBiotix's own brand GoFigure® range of shakes and bars. New flavours and additions to the SlimBiome® and GoFigure® product range will be introduced in early 2018 including morning muesli pots, healthy bites and coffee and tea blends as part of a healthy lifestyle brand. This creates the opportunity for multiple revenue streams from sales of ingredients to food manufacturers, white label products to large retailers, and branded products in multiple presentations to meet the needs of a diverse range of national and international markets. This is all part of a series of ongoing developments with a number of international partners and large retailers to extend SlimBiome's® application into a broader range of 'Health & Wellbeing' food a...