15th Dec 2021 22:09
OptiBiotix Health PLC - York, England-based life sciences company - Signs exclusive supply agreement with Saudi Arabian Nahdi Medical Co for the sales of its GoFigure and SlimBiome Medical weight management product range in the country.
The in-store launch is planned for the first half of 2022, and will include seven products which is part of the GoFigure and SlimBiome range.
"Our SlimBiome Medical and GoFigure range of weight management products have been specifically formulated to support consumers aiming to reduce their weight, help them stick to their change in diet and improve their gut microbiome at the same time. We are very pleased that Nahdi selected our science backed differentiated range of products as the primary choice to offer its consumers to help address the rising rates of obesity seen across the KSA," says Rene Kamminga, CEO of OptiBiotix Ltd.
Current stock price: 42.50 pence, up 3.7% on Wednesday
Year-to-date change: down 27%
By Dayo Laniyan; [email protected]
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