24th Mar 2020 16:09
(Alliance News) - Life sciences firm OptiBiotix Health PLC on Tuesday said it has added more countries to a distribution agreement for GoFigure.
GoFigure is a weight management product, distributed by Extensor Robert Buczek, which also distributes SlimBiome in Poland alongside GoFigure.
OptiBiotix said GoFigure will now be distributed in countries across eastern Europe and central Asia, including Ukraine, Kazakhstan, Russia, and Belarus.
Fred Narbel, the managing director of OptiBiotix's Prebiotics unit, said: "We are very pleased to strengthen our partnership with Extensor to distribute our GoFigure range beyond the Polish borders as they have proven to be a very reliable commercial partner and have recently placed additional orders for GoFigure branded products to replenish their stocks.
"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."
Shares in OptiBiotix were 0.7% higher late on Tuesday in London at 30.70 pence each.
By George Collard; [email protected]
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