HBC and DKSH announce a Pan-Asian unique collaboration for distribution of HBC branded merchandise together with throughout China, India, Japan & Korea Oslo Inventory Trade:HBC

Ålesund, Norway, 8th December 2020

Hofseth BioCare (“HBC”) is delighted to announce it has signed a complete unique distribution contract with DKSH for HBC’s marine branded merchandise. The settlement covers ten  territories throughout Asia together with Thailand, Indonesia, Philippines, Malaysia, Vietnam, China, Japan, Korea, Taiwan and India. DKSH may also have the precise to promote “white labelled” completed merchandise throughout the territories on a non-exclusive foundation.

The distribution contract with DKSH follows quickly after the granting of a singular set of label claims for ProGo® in North America, centred across the prevention of iron deficiency anaemia. Bioactive Peptides™ are within the distinctive place of being the primary and solely non-iron containing product within the US market to keep up wholesome ranges of ferritin and haemoglobin. It’s also a part of a technique to empower world main distributors to lever the HBC science and distinctive elements to penetrate the enterprise to enterprise section on a worldwide foundation.

We consider there’s a huge alternative for our merchandise in Asia on condition that the regional palate is usually very predisposed to consuming fish and fish-derived merchandise. Nations similar to Malaysia and Indonesia have amongst the very best consumption of fish per capita on this planet. It’s no co-incidence that these nations have very low ranges of coronary heart illness and bronchial asthma, the place our merchandise unsurprisingly present vital well being advantages too. Moreover, our Bioactive peptides will probably be a greater different for hundreds of thousands of people that wrestle with damaging unintended effects or poor impact of conventional iron supplementation,” says Crawford Currie, Head of Medical R&D, in Hofseth BioCare.

This distribution settlement now gives HBC with a very world entry for the supply of its dietary and nutraceutical grade merchandise. DKSH’s exercise is the market growth, advertising and distribution of human & pharma grade uncooked supplies via in depth native networks, market intelligence and formulation experience. DKSH has the know-how to create distinctive recipes domestically in a very unparalleled method similar to their UHT pilot plant which might leverage product improvement to learn of HBC and their buyer base.

The merchandise included within the distribution settlement are:

a. ProGo® Vitamin – Salmon Protein Hydrolysate; a soluble peptide powder derived from the hydrolysis of the protein fraction of salmon off-cuts. The powder comprises greater than 97% hydrolysed protein, appropriate for sports activities, endurance and restoration diet and can be utilized in powder formulations, bars, drinks and tablets.

b. CollaGo® Collagen Peptides: A soluble Kind I & III Collagen Peptide powder to assist assist wholesome pores and skin, muscle mass and arteries. Current research have proven its profit for magnificence enhancement together with hair, pores and skin and nails as effectively rising power and wellbeing.

c. CalGo® Collagenic Hydroxyapatite: a collagen calcium powder containing 24% Kind II Collagen, 19% calcium hydroxyapatite and 9% elemental Phosphorus to assist bone and joint well being. It may be used as tablets, powders and different codecs.

d. OmeGo® Unrefined Salmon Oil containing all the weather current in complete salmon: Omega 3 (EPA, DHA and DPA), Omegas 5, 6, 7, 9 & 11, pure antioxidants and no added antioxidants with four years shelf life. It gives broad antioxidant and anti- inflammatory results and is useful for sustaining wholesome ldl cholesterol and cardiovascular perform. HBC has recognized a non-Omega fraction within the oil that attenuates eosinophil effector perform. Preclinical work in bronchial asthma is ongoing. The oil might be formulated in gentle gel caps and different codecs.

* “helps wholesome ferritin and haemoglobin ranges”, “helps preserve iron-rich blood”, “promotes power utilization”, “helps crimson blood cell manufacturing”, “helps gastrointestinal and immune system well being”, “assists in iron absorption out of your day by day weight loss program” **“helps preserve wholesome ranges of ferritin and haemoglobin”, “helps preserve wholesome ranges of blood elements required for oxygen transport”, “gives antioxidants for the upkeep of fine well being” and “helps promote wholesome pores and skin”

The HBC product vary is non-GMO, antibiotic-free with steam the one by-product of the manufacturing course of.

Thomas Sul, Co-Head Enterprise Unit Efficiency Supplies and Member of DKSH’s Govt Committee feedback: “The brand new partnership with HBC is a good match. DKSH will get entry to the progressive, sustainable and science-based product vary of Hofseth BioCare they usually in flip entry to our established buyer base, our community of innovation facilities and our in-depth business data. We’re wanting ahead to a profitable partnership with HBC.

That is great settlement for HBC and for the long-term progress of our enterprise as we enter a partnership with one world’s longest established nutraceutical and pharmaceutical distributors throughout Asia for elements and completed merchandise. We take confidence from the truth that a number of DKSH enterprise items throughout Asia see sturdy urge for food for our distinctive marine derived providing. The Asian market is a pure match us given their pure enjoyment for fish. Additionally, but once more this collaboration pays testomony to the investments in R&D and science the corporate has made within the final 15 years in that we’ve got “one thing totally different” to supply customers. We at the moment are represented globally throughout all continents for B2B distribution. The not too long ago accredited well being claims for ProGo have grabbed the eye of main gamers in a short time. DKSH has the infrastructure and know-how to passport these claims into every nation within the area effectively. As probably the most dominant participant in Asia, we’re privileged to work with them additionally of their geographic space of power,” says CEO Roger Hofseth at Hofseth BioCare ASA. 

About Hofseth BioCare ASA:

HBC is a Norwegian biotech firm that develops high-value elements and completed merchandise at present concentrating on the patron well being market. Analysis is ongoing to determine the person components inside the merchandise that modulate irritation and the immune response with pre-clinical research in a number of clinics and college analysis labs in a number of nations. Lead scientific and pre-clinical candidates are in improvement for the safety of the Gastro-Intestinal (GI) system in opposition to irritation, together with ulcerative colitis and the orphan situation necrotising enterocolitis, as a Medical Meals to assist deal with age-related Sarcopenia, and as a remedy for Iron Deficiency Anemia, all utilizing peptide fractions of Salmon Protein Hydrolysate. Preclinical trial work with the oil is ongoing to ameliorate lung irritation in eosinophilic bronchial asthma and COPD (“people who smoke lung”) in addition to scientific work in COVID.

The corporate is based on the core values of sustainability, traceability and optimum utilization of pure sources. By an progressive hydrolysis know-how, HBC can protect the standard of lipids, proteins and collagen-calcium from contemporary salmon off-cuts. Hofseth BioCare’s headquarters are in Ålesund, Norway with branches in Oslo, London, Zürich, Chicago, Menlo Park and Tokyo.

HBC is listed on Euronext Develop Oslo with ticker “HBC”. Extra details about Hofseth BioCare at hofsethbiocare.com and fb.com/hofsethbiocare

About DKSH:

DKSH is the main Market Growth Companies supplier with a deal with Asia. The Group helps firms to develop throughout the Enterprise Models Healthcare, Shopper Items, Efficiency Supplies and Know-how. The service portfolio covers sourcing, market insights, advertising and gross sales, eCommerce, distribution and logistics in addition to after-sales providers. Publicly listed on the SIX Swiss Trade, the Group operates in 36 markets with 33,350 specialists, producing internet gross sales of CHF 11.6 billion in 2019. With its Swiss heritage, DKSH has been deeply rooted in Asia Pacific since 1865. The DKSH Enterprise Unit Efficiency Supplies distributes specialty chemical substances and elements for meals, pharmaceutical, private care and numerous industrial functions. With 46 innovation facilities and regulatory assist worldwide, we create cutting-edge formulations that adjust to native rules. With round 1,100 specialists, the Enterprise Unit generated internet gross sales of CHF 1.zero billion in 2019.

This info is topic to the disclosure necessities pursuant to Part 5-12 of the Norwegian Securities Buying and selling Act

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