07-08-16 BioGaia signs further agreement with Ferring Pharmaceuticals


BioGaia signs further agreement with Ferring Pharmaceuticals

BioGaia has signed an agreement with the Swiss bio-pharmaceutical company
Ferring Pharmaceuticals. The agreement gives Ferring exclusive rights to sell
BioGaia´s Probiotic Drops in Mexico, Brazil and Greece. 

BioGaia´s patented Reuteri products provide a simple, safe and effective way of
improving gut health. In a series of clinical trials, the company has shown
Reuteri´s 
strong positive effects on colic (see the January 2007 issue of Pediatrics) and
its ability to prevent infections caused by bacteria and yeasts. The products
will be sold under the BioGaia brand. The registration process will start
immediately and launch will take place as soon as approval is obtained, which
is estimated to be during 2008. 

Ferring already sells BioGaia Probiotic Drops in Spain (“Reuteri Gotas”),
Portugal, Canada and the Czech Republic and have the rights to sell BioGaia
Probiotic Drops in a number of countries in the Middle East. 

”Our existing collaboration with Ferring´s strong marketing organisation and
their well-established relations with doctors, particularly paediatricians, has
led to excellent results in those countries where the products are already
launched. With this new contract we will make our entry into the promising
Latin American market” says Peter Rothschild, President BioGaia AB. 

Ferring has more than 2500 employees, offices in more than 40 countries 
and markets products in approximately 70 countries. 





Latest press releases from BioGaia:
2007-08-09	BioGaia signs agreement for oral health products in South Africa
2007-08-07	BioGaia signs agreement for oral health products in Finland
2007-06-20	BioGaia signs agreement for China



For additional information contact: 
Peter Rothschild, President, telephone: +46 8 - 555 293 00, 
Jan Annwall, Executive vice President, telephone: +46 8 - 555 293 00
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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 probiotic,
health-enhancing effects. The class B share of the Parent Company BioGaia AB is
quoted on the Small Cap list of the Nordic Stock Exchange in Stockholm. 

www.biogaia.com