OptiBiotix Health extends manufacturing pact with Sacco

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Dietry supplements group OptiBiotix Health said subsidiary ProBiotix had signed a new global manufacturing and supply agreement with Sacco.

The pact modified and extended an existing relationship between the companies through to the end of 2023.

It changed an original profit-sharing agreement to a manufacture and supply agreement, with pricing discounts for increasing sales volumes.

'This allows the company to benefit from a reduced price of goods as sales volumes grow and provide more evenly distributed income throughout the year,' OptiBiotix said.

At 9:12am: (LON:OPTI) Optibiotix Health Plc share price was +1p at 43.5p