2010-07-29
Probi signs ten year license agreements with Danone
Probi and Danone, through its affiliates, have today signed exclusive license agreements with duration over 10 years, providing Danone with exclusive rights to use Probi’s Lp299v technology in probiotic fruit drinks and fruit juices for gut health outside North America. Danone has also signed an agreement to acquire 51 % of ProViva AB from Skånemejerier.
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2010-03-25
Probi’s dietary supplements for immune health to be launched in South Africa
Probi has signed a distribution agreement giving Camox Pharmaceuticals, one of the fastest growing pharmaceutical companies in South Africa, a right to sell Probi’s dietary supplement for immune health on the South African market. Probi’s immune product is clinically documented in immune health and common colds and will be sold in the form of a chewable tablet. The product will be launched in the third quarter of 2010.
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2010-01-27
2009 Profits increase despite decrease in turnover
- Net sales amounted to 65.5 (68.0) million SEK for the year and 15.8 (15.7) million SEK for the fourth quarter.
- EBIT amounted to 13.8 million SEK (10.2) for the year and 1.8 million SEK (2.5) for the fourth quarter, an increase of 35 percent for the year.
- Profit after tax amounted to 10.8 million SEK (8.0) for the year and 1.4 million SEK (1.4) for the fourth quarter.
- Earnings per share amounted to 1.15 SEK (0.85) for the year and 0.15 (0.15) for the fourth quarter.
- Cash flow amounted to 10.4 million SEK (13.9) for the year and -1.3 million SEK (5.7) for the fourth quarter.
- Bravo Friscus, a new probiotic juice with positive effects on the immune system, was launched with Skånemejerier in Sweden during autumn.
- Partnership with Bringwell to launch Probi’s dietary supplements for immune health and digestive health under Probi’s own brands on the Nordic market during 2010.
- Jarrow Formulas to launch Probi’s dietary supplement for digestive health in the US Health Food channel in 2010, through a new agreement with Institut Rosell.
- Merck KGaA to launch Probi’s dietary supplement for digestive health in Latin America in 2010, through a new agreement with Institut Rosell in January.
- Probi’s supply agreement with Kraft Foods terminated in 2009, which resulted in a decrease in Probi’s net sales compared to 2008, but triggered a payment of 5.4 million SEK in the second quarter of 2009 upon termination.
- Royalty proceeds from ProViva rose by 7 percent during 2009.
- The Board of Directors proposes dividend of 0.50 SEK per share.
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2010-01-13
Probi’s dietary supplement for gut health to be rolled out in Latin America by Merck
Probi’s partner Institut Rosell has signed an agreement giving the German pharmaceutical company, Merck KGaA, an exclusive right in the pharmacy channel to sell a dietary supplement based on Probi’s bacteria, Lp299v, in 13 countries in South and Central America. The first product launches will take place in 2010 and further markets will then be added gradually when regulatory approvals are granted.
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2009-12-15
Probi’s dietary supplement Lp299v for gut health to be launched in the US Health Food channel by Jarrow Formulas
Probi’s partner Institut Rosell have awarded nutritional supplement company Jarrow Formulas exclusive rights to sell a dietary supplement based on Probi’s bacteria, Lp299v in the Health Food channel in the US. The product will be launched in the first quarter of 2010.
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2009-12-03
Probi and Bringwell enter long-term partnership in the Nordic market
Probi has entered into a long-term partnership with Bringwell, the leading supplier of dietary supplements in the Nordic region. With Probi’s support, Bringwell will launch Probi’s new dietary supplement for immune health, and the dietary supplement for digestive health, which is already marketed in more than 25 countries.
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2009-08-27
Probi and Skånemejerier launch probiotic juice in Sweden that strengthens the immune system
Skånemejerier and Probi introduce a new probiotic juice in Sweden that strengthens the immune system – Bravo Friscus. Bravo Friscus is the world’s first probiotic juice scientifically proven to boost the immune system and to help against common colds. The launch in Sweden takes place in September and opens up great possibilities for Probi on the global immune market.
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