OptiBiotix
Health
plc
("OptiBiotix"
or the "Company")
Launch of products on Amazon India
OptiBiotix Health plc
(AIM: OPTI), a life
sciences business developing compounds to tackle obesity, high
cholesterol,
diabetes and
skincare, announces the launch of multiple SlimBiome®
containing products under OptiBiotix's GoFigure® brand on Amazon
India.
India is already the most populous
nation on Earth, anticipated to have the world's largest cohort of
medium to high level income consumers by 2035. With obesity
prevalence currently measured at 40.3%, India represents a huge
area of opportunity for weight management products.
OptiBiotix's wholly owned
subsidiary, OptiBiotix India, will sell GoFigure® products via Amazon and continue to
sell in store through Apollo Pharmacies and Apollo's own website
across India as part of a multi-channel approach. Launching meal
replacement and flavoured shots on Amazon India is part of a
planned strategy to invest in high growth markets and increase
final product sales to customers through ecommerce channels. This
multichannel approach complements our core business-to-business
activities by raising the awareness of SlimBiome® containing
products across multiple channels and partners.
The Amazon India launch has
coincided with a rebrand of packaging and relaunch with Apollo
pharmacies. The new packaging is more colourful allowing it to
stand out and Tata's Fossence®
branding is more prominent on pack. The
Gofigure® products are made in India by local manufacturers and include
ingredients such as Tata's
proprietary Fossence® which
bring the assurance and familiarity of a branded ingredient from a
well-known and respected local source to the attention of Indian
consumers.
Stephen
O'Hara, CEO of OptiBiotix, commented: "Launching products on Amazon
India is another
step forward in building a presence for the Company's products in
the strategically important Indian market. We are now building
SlimBiome's® presence across India via our own brand products
through Amazon India and via Apollo pharmacies, and as private
label partnerships following the recent launch by Dr Morepen. This
initial launch will include four products with subsequent launches
taking place throughout 2025 dependent on sales
progress."
The Directors of the Company are
responsible for the release of this announcement.
For further
information, please contact:
OptiBiotix Health plc
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www.optibiotix.com
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Neil Davidson, Chairman
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Contact via Walbrook
below
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Stephen O'Hara, Chief
Executive
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Peterhouse Capital Limited (Broker)
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Tel: 020
7220 9797
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Duncan Vasey / Lucy
Williams
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Walbrook PR Ltd
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Mob: 07876
741 001
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Anna Dunphy
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About OptiBiotix - www.optibiotix.com
OptiBiotix Health plc (AIM: OPTI),
which was formed in March 2012, brings science to the development
of compounds which modify the human microbiome - the collective
genome of the microbes in the body - in order to prevent and manage
human disease and promote wellness.
OptiBiotix has an extensive R&D
programme working with leading academics in the development of
microbial strains, compounds, and formulations which are used as
active ingredients and supplements. More than twenty international
food and healthcare supplement companies have signed agreements
with OptiBiotix to incorporate their human microbiome modulators
into a wide range of food products and drinks.
OptiBiotix is also developing its own
range of consumer supplements and health products. The Company's
current areas of focus include obesity, cardiovascular health, and
diabetes.
This communication is a "Reach" announcement.
Reach is a non-regulatory news service. By using this service an
issuer is confirming that the information contained in this
announcement is of a non-regulatory nature. Information required to
be notified under the AIM Rules for Companies, Market Abuse
Regulation or other regulation would be disseminated as an RNS
regulatory announcement and not on RNS Reach.