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Aussie Biotech Signs Deal With Pharmanex

By Dan Mitchell, MLM Blog Correspondent


From HighBeam Research:

NewCustomLeadLogo SYDNEY, June 17 Asia Pulse - Biotech firm VRI BioMedical Ltd (ASX:VRI) has taken an order for its first product as part of a global supply agreement with United States-based Pharmanex.

VRI said the initial Pharmanex order for PCC, the company's exclusive probiotic isolates, would generate revenues of $A750,000 ($US417,375).

The order is part of a substantial global supply agreement that VRI has negotiated with Utah-based Pharmanex, it said.

The company said PCC was being contract manufactured in the USA and supplied by VRI as finished product in capsules.

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