OptBiotix PLC “Development Agreement signed with Centro Sperimentale del Latte”

Stephen O’Hara, CEO of OptiBiotix LON:OPTI, commented: “This development agreement reflects the progress we have made with our OptiBiotic technology platform. Increasing the number of microbial species is an exciting extension of our existing programme which broadens the range of product and partner opportunities.  We are particularly pleased that CSL has recognised the opportunity presented by this work and has included its own strains in the development programme”.

OptiBiotix Health plc (AIM: OPTI), a life sciences business developing products to tackle obesity, high cholesterol and diabetes, has told DirectorsTalk that it has entered into a development agreement with Centro Sperimentale Del Latte to synthesise and purify novel oligosaccharides(carbohydrates that consists of a small number of sugars) from microbial strains. CSL which is based in Italy, researches, develops, manufactures and distributes probiotics, starter cultures, moulds and yeasts for the pharmaceutical, nutraceutical, dairy, food and agricultural sectors all over the world.

The agreement provides OptiBiotix with development funding for the programme and extends the Company’s OptiBiotic technology platform to a wider range of microbial species.

 

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