York-based life sciences business Optibiotix has signed an exclusive manufacturing and supply agreement with an Indian Healthcare company.
The agreement with Zeon is for the use of OptiBiotix’s weight management technology SlimBiome.
The partnership was facilitated by the Department for International Trade and Mark Field, minister of state for Asia and the Pacific, UK Foreign and Commonwealth Office, was present at the official signing ceremony held on 2 March at St Regis in Mumbai.
OptiBiotix chief executive Stephen O’Hara said: “Our rapid expansion into India through this partnership with Zeon demonstrates the kinds of opportunities that are available to UK industry here.
“We believe that our partnership with Zeon is an important step in facilitating the needs of existing and new corporate partners in India and Southern Asia and anticipate further announcements in due course.”
Mark Field added: “This collaboration between OptiBiotix and Zeon is a really exciting start. We hope it will pave the way for real advances in the way to prevent and manage chronic lifestyle ailments like diabetes and obesity.”
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