OptiBiotix Health Plc (LON: OPTI) has entered into a non-exclusive agreement with Smart For Life.
- The Company has entered into a non-exclusive license agreement for its SlimBiome® trademark with Smart For Life, Inc.
- The agreement is also related to the launch of cookies containing OptiBiotix's SlimBiome® proprietary weight management technology in the USA and Canada.
- The company has also reported that the license is conditional on an annual minimum order quantity and the first order within thirty days of signing the agreement.
- Smart For Life develops and sells scientifically formulated weight management solutions.
- On 4th May 2020, at the time of writing, GMT 08:43 AM, OPTI shares were trading at GBX 58.50, up by 2.50 points or 4.46% against the previous day closing price.