BioGaia has signed an agreement with Delta Medical Promotions A.G.,
Switzerland which gives the company exclusive rights to sell
BioGaia's Probiotic Drops in Kazakhstan and BioGaia's Probiotic
tablets in Ukraine and Kazakhstan.
The drops have already been successfully launched in Ukraine by Delta
Medical." We have been positively surprised by the rapid success that we have
achieved in the Ukrainan market. This agreement means that the
BioGaia's brand will be exposed in yet another market and that we can
offer a broader product line in these countries", says Peter
Rothschild, President, BioGaia AB."We see the addition of tablets as a natural step to build on our
successful launch of the BioGaia Probiotic drops in Ukraine.
Kazakhstan is a strategic market of 16 million people and we believe
BioGaia is well positioned to achieve significant market share" says
William Wickham, General Director, Delta Medical.
Latest press releases from BioGaia:
2008-11-10 Product from BioGaia counteracts bleeding gums by
interacting with the immune system
2008-10-23 BioGaia AB Interim report 1 January - 30 September 2008
2008-10-08 BioGaia invests in LifeTop Cap in new subsidiary
For additional information contact: Peter Rothschild, Managing
Director, telephone: +46 8 - 555 293 00,
Jan Annwall, Deputy Managing Director telephone: +46 8 - 555 293 00
BioGaia is a biotechnology company that develops, markets and sells
probiotic products with documented health benefits. The products are
primarily based on the lactic acid bacterium Lactobacillus reuteri
(Reuteri), which has probiotic, health-enhancing effects. The class B
share of the Parent Company BioGaia AB is quoted on the Small Cap
list of the Nordic Stock Exchange in Stockholm.
www.biogaia.com
