FDBusiness.com

AB-BIOTICS Lands in North America

 Breaking News
  • Coca-Cola to Acquire Minority Stake in Sports Performance Brand Coca-Cola is taking a minority ownership stake in BODYARMOR, a fast-growing line of premium sports performance and hydration beverages. Through this strategic relationship, BODYARMOR will remain an independent company and gain access to the expansive Coca-Cola bottling and distribution system. The initial investment, which will be part of the Coca-Cola North America Venturing & Emerging Brands [...]...
  • UK Restaurants Toil in Summer Heat, While Pubs Make Hay July’s heatwave was good news for Britain’s pubs but heaped more pressure on the country’s restaurant chains, latest figures from the Coffer Peach Business Tracker show. Managed pub and bar groups saw collective like-for-like sales rise 2.7% against last July, while sales across restaurant groups plummeted, down a substantial 4.8% in like-for-like trading. Overall, the differing [...]...
  • Protein Solution Cuts Cream Cheese-making Process From 20 Hours to Just 30 Minutes Arla Foods Ingredients is launching one of the world’s fastest cream cheese manufacturing processes. Traditionally, cream cheese-making is a complex procedure that can take up to 20 hours and generates significant amounts of acid whey meaning it is inefficient, expensive and occupies valuable space on the production line. But thanks to a new whey protein ingredient [...]...
  • Qualvis Creates Distinctive Packaging For Thomas Fudge’s Rebrand Leading carton manufacturer, Qualvis, has recently produced a full packaging rebrand for artisan baker, Thomas Fudge’s. Covering their full sweet and savoury biscuit line-up of 7 packs, together with a new range of flatbreads, the packaging includes a fresh logo design and updated illustrations featuring beautiful, bold and colourful graphics by design agency, Big Fish. With [...]...
  • Valeo Foods Acquires Tangerine Confectionery For £100 Million Valeo Foods Group, the acquisitive Irish and international food business, is reported to have purchased Tangerine Confectionery of the UK for £100 million (€112 million) from Blackstone Group. The deal adds popular UK confectionery brands such as Dip Dab, Fruit Salad and Blackjack to Valeo Foods Group’s growing portfolio, and will increase annual turnover to [...]...

AB-BIOTICS Lands in North America

AB-BIOTICS Lands in North America
August 03
10:35 2012

Spanish biotech company AB-BIOTICS has entered the North American market after signing a license agreement with Aceto Corporation. The deal gives exclusive distribution rights to Aceto Corporation for AB-BIOTECS’ cholesterol-lowering probiotic AB-LIFE in the United States and Canada.

AB-BIOTICS estimates the contract value is nearly Eur3.5 million over the contract period: three and a half years. AB-LIFE will be released in the next six months in the North American market, with great sales potential as over 100 million adults in the US alone have total blood cholesterol values higher than normal (200mg/dl), according to the American Heart Association.

The contract marks a significant milestone for AB-BIOTICS, since the United States and Canada are two priority markets for the company’s internationalisation plan.

With 65 years of experience in the distribution of pharmaceutical and nutritional ingredients, Aceto Corporation’s profile makes it an ideal partner to accompany AB-BIOTICS in its entry into the US market. Aceto Corporation distributes components for global firms in the pharmaceutical, nutraceutical, agricultural and chemical industries. It also has a strong sales network in China and India, which opens for AB-BIOTICS the door to a possible future entry into the Asian market.

The agreement with Aceto Corporation is the fifth international license agreement signed by AB-BIOTICS so far this year. The probiotic AB-LIFE already has license agreements in Mexico, Brazil and Venezuela through the pharmaceutical companies Armstrong Laboratories, LETI Laboratories and BIOLAB, respectively, while the Slovenian firm INSPHARMA has the distribution rights of the product in Southeast Europe (Slovenia, Croatia, Bosnia-Herzegovina, Serbia, Montenegro, Macedonia and Albania. In Spain, AB-LIFE is marketed by LACER Laboratories under the trade name “Primacol with Lactobacillus AB-LIFE.

 

CAPTION:

Sergi Audivert  and Miquel Angel Bonachera, co-founders and chief executives of AB-BIOTICS.

About Author

mike

mike

Related Articles



Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • September 5, 2018Int'l Food Products and Processing Technologies Exhibition (WorldFood Istanbul)
  • September 12, 2018Packaging Innovations & Luxury Packaging London 2018
  • September 15, 2018iba
  • September 25, 2018PPMA Show 2018
AEC v1.0.4

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber





Subscribe Here



Advertisements