OptiBiotix Health said it had entered into a one-year exclusive distribution agreement with a South African partner for its consumer weight-management products in South Africa and neighbouring countries.
The agreement granted the partner, which the company did not name, exclusive rights to import, market and distribute its GoFigure range of products containing its SlimBiome weight-management technology.
This agreement had been accompanied by minimum order quantities to be placed within three and 12 months of signing to retain exclusivity.