Investors

OptiBiotix Health India, a wholly owned subsidiary of OptiBiotix Health plc (AIM: OPTI), a life sciences business developing unique science and human study-based compounds that modulate the microbiome to address metabolic syndrome and diabetes, systemic low-grade inflammation, obesity, cardiovascular disease, high cholesterol and to support healthy aging, has signed an exclusive sales agreement with one of the leading hospital and pharmacy chain Apollo Hospitals Enterprises Limited ("Apollo") for the sales of its GoFigure weight management product range in India.

Apollo owns Apollo Pharmacies (https://www.apollopharmacy.in/) which is one of the largest and most trusted branded pharmacy network, with over 4,000 pharmacy outlets throughout India. The in-store launch is expected to take place in February 2022 and will progressively expand from there to other stores as well as online. India is a region of strategic interest to OptiBiotix with a middle class predicted to be the largest in the world by 2025 (The rising importance of the middle class in India - The Financial Express,  March 2021).

GoFigure is OptiBiotix's direct-to-consumer (D2C) range of weight management products which combines various meal replacement and healthy snacking options including its multi award winning weight management ingredient SlimBiome®. The initial product launch will consist of meal replacement shakes and powdered beverages and will be expanded over time.

This agreement is part of OptiBiotix' strategy to expand the geographical footprint of its pro- and prebiotic business with leading brands in the health & wellness market. It follows the recruitment of Dr Taru Jain as Business Director India earlier in the year (RNS: 19 January 2021) and the incorporation of OptiBiotix India in recent weeks (RNS: 17 November 2021).

René Kamminga, CEO of OptiBiotix Limited, commented: "We are very pleased to announce this agreement with Apollo, a leading pharmacy chain in India. Our GoFigure range of weight management products have been specifically formulated to support consumers aiming to reduce their weight and help them stick to their change in diet. We are very pleased that Apollo has selected GoFigure as its range of weight management products of choice to offer to its consumers. This launch is another important step in building sales and brand presence for OptiBiotix' solutions with major partners around the world."

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