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Provexis & DSM Nutritional Products Develop Alliance Agreement for Fruitflow®

Provexis plc, the life-science business that discovers, develops and licenses scientifically-proven functional food, medical food and dietary supplement technologies, is pleased to announce it is developing a long-term alliance agreement with DSM Nutritional Products providing global rights to Fruitflow® technology.

Stephen Moon, CEO of Provexis said "We are delighted with this important step towards our new Agreement with our strategic partner DSM. We firmly believe that the expertise, scale and reputation of DSM will underpin the commercial success of Fruitflow®. DSM has existing relationships with key companies globally in food, beverage and consumer healthcare. This coupled with its substantial sales force made this the best strategic fit for Provexis and will enable us to build Fruitflow® into a significant global functional food brand. Provexis and DSM are currently assessing further projects which may develop
the scope of the Agreement further.”

AIM-listed Provexis is focused on the discovery, development and licensing of technologies for the functional food, dietary supplement and medical food sectors, and have a research and development laboratory at the MerseyBIO Incubator in Liverpool.

The company has additional biotechnology developments, including a joint venture with the University of Liverpool to develop an extract of plantain which aids the treatment of inflammatory bowel disease, and an early stage technology under option from University of Manchester for the
prevention and treatment of peptic ulcers.

DSM Nutritional Products is the world's leading supplier of vitamins, carotenoids and other fine chemicals to the feed, food, pharmaceutical and personal care industries. The business has sales of about EUR 2 billion and a long tradition as a pioneer in the discovery of new products, new formulations and attractive applications for all industry segments.




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