FTSE 100 closes higher as sterling weakens against US dollar; Barclays plunges
The UK blue chip index closed down over 39 points at 7.486.
Company
OptiBiotix Health PLC
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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Optibiotix ties with Spain's Galenicum to extend reach of microbiome-based cholesterol reducer
Galenicum is one of Spain's leading pharmaceutical groups with an annual turnover of €100mln
FTSE 100 closes near flat as traders look for direction; Dow Jones surges
The UK blue chip index closed its account on Tuesday up 2.09 at 7,526.
Cholesterol drug failures spark big pharma interest in Optibiotix's microbiome-based alternative
The failures of these drugs has sparked interest in a possible combination with LP-LDL said Stephen O'Hara, Optibiotix's chief executive
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Investments and investor services
Future PLC raises expectations as chairman signals intention to bow out
Peter Allen will not be going back to the Future board room after February's AGM
US launch of new microbiome products generates plenty of interest, says Optibiotix
The event was attended by 16,500 ingredient buyers and suppliers from the supplement, beverage, functional food, personal care and sports nutrition industries
FTSE 100 barely changed after PM's speech; Centrica slides
Not much happening among the blue-chips but Image Scan and Future were among the big movers in the small caps sector
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Proactive news snapshot: MySQUAR, Bango, Rainbow Rare Earths
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Optibiotix Health to launch improved version of weight loss product Slimbiome
The new formulation is a single homogenous product, a development that reduces separation in transport
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Proactive news snapshot: Clinigen, Braveheart Investment, Alliance Pharma
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John Lewis of Hungerford serves up a treat for relieved investors
Some of the main news driven risers and fallers at 3.40pm…
OptiBiotix to hook-up with Bened Biomedical to open new routes into south-east Asia for its cholesterol reduction products
It's just a memorandum of understanding at the moment but the alliance looks an interesting one for OptiBiotix, as it takes it into the field of psycho-biotics – where bacteria in the gut communicates with the brain
FTSE 100 closes 21 pts lower as miners weigh
The heavyweight dragged on the FTSE 100, which closed down 20.99 points
OptiBiotix technology gaining commercial traction; more to come says broker
OptiBiotix is a pioneer in the human microbiome, which is essentially the bacteria that inhabits the gut and skin
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Proactive news snapshot: Stratex International, Chariot Oil & Gas, ValiRx …
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OptiBiotix inks sweet manufacturing deal with Indian food ingredients giant Tata Chemicals
The agreement gives Tata the exclusive rights to produce a sugar from OptiBiotix’s LP-LDL probiotic strain