OptiBiotix focused on expanding its roster of larger partners
The human microbiome-focused company is an expert in developing compounds to tackle obesity, cardiovascular disease and diabetes
Company
LON:OPTI
OptiBiotix Health Plc is a life sciences company operating in one of the most progressive areas of biotechnological research. Developing and commercialising technologies that modulate the human microbiome – the collective genome of the microbes in the body – the company identifies and develops prebiotic formulations and compounds for use in food ingredients and supplements that can impact on human physiology and metabolism, deriving potential health benefits.
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The human microbiome-focused company is an expert in developing compounds to tackle obesity, cardiovascular disease and diabetes
"The company has been working to develop new first-generation products like LeanBiome and WellBiome into the sports nutrition and health," Stephen O'Hara, OptiBiotix Health’s chief executive, said
It is teaming up with Switzerland's Firmenich to develop products and ingredients based on its SweetBiotix technology
Cenkos's investment thesis is that OptiBiotix's share price represent fair value for its stakes in SkinBio and ProBiotix, with the underlying OptiBiotix business thrown in for free
Cenkos advised investors to 'buy' the stock, saying growth is supported by commercial agreements with large partners and a substantial pipeline of opportunities
The focus of the newly-independent business is human microbiome-modulating compounds that tackle cardiovascular disease and other lifestyle conditions
OptiBiotix shareholders will receive a distribution in specie of ProBiotix shares once the float is completed at the end of this month
Zac Sniderman is taking on the role of business development and sales director in North America, Shiraz Butt is to be the company’s e-commerce director and Karl Burkitt the marketing director
Gross profit up 36% last year to £1.2mln as prebiotic and probiotic businesses add commercial agreements
In equity research, the hypecycle is used to describe the movement of markets and sectors as well as individual stock
Chief executive Stephen O'Hara and his team provided a comprehensive strategic over of the business progress and plans
The life sciences company said 96% of consumers taking CholBiomeX3 reported a reduction in their total cholesterol levels
OptiBiotix is a pioneer of probiotics and prebiotics that work synergistically with the human microbiome, the ecosystem of bacteria found largely in the gut. Its discoveries have been or are being developed to tackle obesity, cardiovascular
After six weeks, the study indicated a 28.4% reduction in so-called bad cholesterol.
The accreditation "supports our commercial strategy of selling final product solutions to partners in the retail channel containing our science-backed pro and prebiotic ingredients," said CEO René Kamminga
A store launch of an initial seven products from the OptiBiotix range is planned for the first half of next year
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The company said it has appointed Christopher Nother as a part time consultant to support the growth of its LPLDL product, while it has also recruited Taru Jain to its management team to focus on growing sales in Asia
The agreement is with Fondazione Edmund Mach - Centro Ricerca e Innovazione, based in Trento, Italy, and the University of Southampton
Brinsmead has worked in the pharmaceutical industry for over 30 years, holding executive leadership roles with ICI, and Zeneca, before becoming chairman of AstraZeneca Pharmaceuticals UK, President of AstraZeneca UK and Ireland