Brief: aXichem And Iovate Sign Supply And Research Agreement
16/06/2022 10:39
June 16 (Reuters) - aXichem AB (publ) AXIC.ST :
* AXICHEM AND IOVATE SIGN SUPPLY AND RESEARCH AGREEMENT FOR
NUTRITION MARKET IN U.S AND CANADA
* AXICHEM AND IOVATE WILL COLLABORATE IN AREAS OF RESEARCH,
DEVELOPMENT AND COMMERCIALIZATION OF PRODUCTS CONTAINING
AXICHEM'S CAPSAICIN ANALOGUE PRODUCT, AXIVITE
* ESTIMATES A WHOLESALE VALUE OF THIS AGREEMENT WITH IOVATE
TO
AMOUNT TO ABOUT 5 MILLION USD DISTRIBUTED OVER NEXT THREE YEARS
Source text for Eikon: ID:nWkr34rPT9
Further company coverage: AXIC.ST
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