July 27, 2018 / 11:46 AM / 20 days ago

BRIEF-Biosearch Signs Manufacturing And Supply Deal With Nestle

July 27 (Reuters) - Biosearch SA:

* SAYS IT SIGNS MANUFACTURING AND SUPPLY AGREEMENT WITH NESTLE FOR PATENTED PRODUCT “HEREDITUM LACTOBACILLUS FERMENTUM LC40®”

* DEAL INCLUDES ESTIMATED REVENUES OF 25 TO 30 MILLION EUROS IN FIRST 5 YEARS OF COMMERCIALIZATION OF PRODUCT

* CONTRACT WILL BE IN EFFECT INITIALLY UNTIL JULY 31, 2027, EXTENDABLE FOR PERIODS OF FIVE YEARS Source text for Eikon:

Further company coverage: (Gdynia Newsroom)

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