Aristo launches Probi's probiotics in India Probi's partner Institut Rosell has signed an agreement with the pharmaceutical company Aristo Pharmaceuticals Ltd. to launch a dietary supplement based on Probi's probiotics Lp 299v on the Indian market. Launch is planned for the fall of 2007. With this agreement, Probi's probiotics are being launched in the world's three most populated countries. Aristo Pharmaceuticals Ltd. is a dynamic and rapidly growing pharmaceutical company that is aiming for a position among the top five pharmaceutical companies in India. “We are proud to expand the list of strategically important distributors with Aristo Pharmaceuticals”, says Per-Ola Forsberg, executive vice president of Probi. “High quality products, marketed by high quality distributors, will help to develop Probi´s share of the market substantially. With the new agreement, our probiotics will be launched in the world's three most populated countries: India, China and the US.” Including the agreement with Aristo Pharmaceuticals, marketing of dietary supplements containing Probi's probiotics is under way in fifteen countries. The majority of the agreements have been signed within the past twelve months. Considering the great interest shown by customers, prospects are good that the business area Dietary Supplements will, within a two-year period, reach the same sales level as shown by the business area Functional Food today. French-Canadian Institut Rosell is one of the leading suppliers of probiotic dietary supplements in the US and Europe. Probi and Institut Rosell are working the market in parallel in order to reach the most effective market penetration of Probi's bacteria Lp299v within dietary supplements. For further information please contact: Per-Ola Forsberg, executive vice president of Probi, ph: +46-46-286 89 26 or mobile +46-733-44 83 84 e-mail: per-ola.forsberg@probi.se Rolf Bjerndell, acting president of Probi, ph: +46-46-286 89 23 or mobile +46-705-15 30 09 e-mail: rolf.bjerndell@probi.se Olivier Clech, President, Institut Rosell, ph: +33 562 74 55 55 e-mail: oclech@lallemand.com About Probi Probi was founded in 1991 and is now one of the world's leading companies in the field of probiotic R&D. The company's research focuses on live microorganisms with scientifically demonstrated health-promoting effects. The main R&D fields are gastrointestinal disorders, the immune system, cardiovascular diseases, and stress and performance recovery. Probi's business is based on offering effective and thoroughly documented probiotic products and concepts, protected by comprehensive patents. This yields higher revenue levels than for the industry as a whole. Probi has enjoyed a consistent income stream from commercialised products since the mid-1990s. The customers comprise leading international companies in the fields of functional food, dietary supplements and clinical nutrition. The global market for probiotic products is showing good underlying growth while new insights into the benefits offered by probiotics are boosting the market still further. Increased documentation requirements and official regulation are two trends that tend to give Probi an edge on its competitors. Probi is based in Lund and has 17 employees. The Probi share is quoted on the Nordic Stock Exchange. Fore more information, please visit www.probi.com. About Aristo Aristo Pharmaceuticals Private Limited was incorporated in the year 1971.Aristo is now ranked twelfth (as per ORG-IMS, a globally renowned Market research firm) amongst 25,000 pharmaceutical companies in India. Aristo's turnover during the year 2005-2006 was Rs. 5.62 Billions (USD 125 million). Aristo has three large state-of-the-art factories in India. The products are approved by WHO-GMP Certification and SGS Belgium Certification. Aristo has about 3,000 employees. Aristo is keen to establish strategic alliances for marketing innovative products and to in-license research for new molecules for the Indian market. A partnership with Aristo gives instant access to well-knit marketing team of 1,700 professionals, distribution reach of over 2,500 stock-points and 75,000 chemists, and above all the goodwill of 150,000 members of the Indian medical fraternity. Aristo is uniquely positioned to manage the diversity of the Indian market since Aristo enjoys: • Leadership positions in the mass markets (Antibiotics, NSAIDs, Nutritional Supplements, Gastrointestinals) • Fast growth in speciality segments (Cardiovasculars, Antidiabetics, Gynaecologicals) • Dominant position in the rural markets • Emerging leadership in urban markets Aristo exports and imports pharmaceutical products to and from many countries. Aristo presently has business agreements with few companies in European and other countries. Aristo can be a guiding light to navigate through the complex but vast fast growing and attractive Indian market. About Rosell Institut Rosell is a French Canadian Company specializing in the selection, development, production and marketing of probiotic formulations for human nutrition and health. Expert in live microorganisms since 1934, Institut Rosell undertakes ambitious research programs so as to better understand the properties, modes of action and beneficial effects on health of these probiotic formulations. Institut Rosell is part of the Lallemand group, a privately owned company with head offices in Montreal, Canada, and Toulouse, France, and production facilities in various countries around the world. For more information, please visit www.institut-rosell.com or contact human@lallemand.com
Aristo launches Probi's probiotics in India
| Source: Probi AB