OptiBiotix Health PLC (LON:OPTI) has extended its agreement with a distributor called Extensor Robert Buczek to a further 15 Eastern European and Central Asian countries.
Originally the tie-up with Extensor for its GoFigure consumer weight management product and functional ingredient SlimBiome covered Poland only.
The enhanced deal will see GoFigure taken to Ukraine, Estonia, Lithuania, Latvia, Kazakhstan, Kyrgyzstan, Tajikistan, Uzbekistan, Turkmenistan, Armenia, Azerbaijan, Georgia, Belarus, Moldova and Russia.
“The signing of a territory extension amendment to the original agreement shows a positive evolution of the relationship and increases the global reach of our trademarks thus contributing to increasing the value of our portfolio of trademarks," said Dr Fred Narbel, managing director of OptiBiotix's prebiotics division in a stattement.