BioGaia has started delivery of products according to the development
and sales agreement that was signed 2003 with one of China's largest
dairies. The delivery concerns BioGaia's patented straw, LifeTop
Straw.
BioGaia's straw can contain different types of sensitive ingredients
which lie protected in the straw. The straw is later applied to
drinks packages. This makes it possible to produce drinks with
sensitive ingredients with long shelf-life. The LifeTop Straw which
has now being delivered to China contains Lactobacillus acidophillus."China is a large and important market and the volumes we will
deliver during the coming year are very interesting. If the launch is
successful, it may be a question of very large volumes" says Peter
Rothschild, President BioGaia AB.
LifeTop Straw is produced by BioGaia's 50% owned company TwoPac AB in
Eslöv. Due to the increased demand for LifeTop Straw, TwoPac AB has
built a further machine for production which more than doubles the
production capacity.
Latest press releases from BioGaia:
2008-12-03 BioGaia signs distribution agreement in Ireland and the
Middle East.
2008-11-13 BioGaia expands collaboration in Ukraine and Kazakhstan
2008-11-10 Product from BioGaia counteracts bleeding gums by
interacting with the immune system
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
