Press release
21 February 2007
BioGaia signs agreement with Delta Medical
BioGaia AB has signed a distribution agreement with Delta Medical Promotions AG,
Switzerland, which gives Delta Medical exclusive rights to distribute BioGaia's
Probiotic drops in Ukraine and non-exclusive rights in Russia. The drops will be
sold under the BioGaia brand.
Delta Medical, which is strong in paediatric medicine, will sell BioGaia
Probiotic drops mainly through pharmacies and drugstores. The company has a
sales force of close to 300 medical representatives that promotes the products
directly to doctors.
”We see a great potential for our products in the highly populated countries of
former Soviet Union such as Russia and Ukraine. With Delta Medical's expertise
in the paediatric field, we are building a strong partnership for our most
rapidly growing product” says Peter Rothschild.
”BioGaia Probiotic Drops is a unique product that fits well with our paediatric
portfolio” says Will Wickham, General Director, Delta Medical.
The registration process will begin immediately and the launch is planned before
year-end.
Latest press releases from BioGaia:
2007-02-14 BioGaia AB Year-end report 2006
2007-01-16 BioGaia signs agreement with Semper
2007-01-09 Lactobacillus reuteri against colic
For additional information contact:
Peter Rothschild, president, telephone: +46 (0)8 - 555 293 00
Jan Annwall, executive vice president, telephone: +46 (0)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
health-enhancing effects. The class B share of the Parent Company BioGaia AB is
quoted on the small cap list of the Stockholm Stock Exchange.
www.biogaia.com