Weight loss products firm based in York provides upbeat update

The York-based firm says it continues to focus on growing sales of its first-generation functional ingredients LPLDL, SlimBiome, OptiBiome and LeanBiome whilst it develops its pipeline of second-generation products.

OptiBiotix added that it now has a solid foundation having built a recurring revenue base from business to business sales of its first-generation ingredients. This has delivered profitable independent trading divisions and a healthy balance sheet placing the company in a strong position for sustained growth in the years ahead.

Stephen O'Hara, CEO of OptiBiotix Health, said: "This strategic and commercial update demonstrates the strong progress OptiBiotix has made against its stated aims.

"We are particularly pleased at concluding three commercial agreements at the end of 2021 with well-known national and international partners which create the potential for volume sales and help enhance the reputation of OptiBiotix and its products around the world.

"We believe new product launches in 2022, the extension of territories with existing partners, new product platforms, and the commercial realisation of our development pipeline, allow us to look forward with confidence to further commercial progress of the Group in the current year and beyond."

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