OptiBiotix Health (OPTI)

Sector:

Pharma and Biotech

Index:

FTSE AIM All-Share

 18.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 39.00
  • 52 Week Low: 6.00
  • Currency: UK Pounds
  • Shares Issued: 97.94m
  • Volume: 7,895
  • Market Cap: £17.63m

OptiBiotix Health reports successful results from hypertension study

By Josh White

Date: Wednesday 08 Jan 2020

LONDON (ShareCast) - (Sharecast News) - Life sciences business OptiBiotix Health announced on Wednesday that its fully-owned subsidiary ProBiotix Health, in partnership with Nutrilinea, has completed a successful human study for a new food supplement formulation containing 'LPLDL', and showed that the product could reduce high blood pressure, or hypertension.
The AIM-traded firm said the study was part of an agreement with Nutrilinea to fund the development, manufacture, and the carrying out of human studies for a new blood pressure product in return for 12 months exclusivity from the date the data was made available from the human study for the European market.

ProBiotix had exclusivity for the UK and all other markets outside Europe.

The three month study of 40 patients was carried out by the Center of Diabetes and Metabolic Diseases, Department of Internal Medicine and Therapeutics, University of Pavia and Fondazione IRCCS Policlinico San Matteo, Pavia, Italy, and showed statistically significant reductions in both systolic, diastolic blood pressure levels, and cholesterol levels.

OptiBiotix said the results of the study were consistent with ProBiotix's initial study conducted at the University of Reading, which showed a statistically significant reduction in both blood pressure and cholesterol in volunteers taking LPLDL.

The European Cardiovascular Society reported in 2016 that the combination of lowering LDL cholesterol and systolic blood pressure had the potential to "dramatically reduce" a person's lifetime risk of cardiovascular disease.

Hypertension was described as a global healthcare issue, and one of the strongest risk factors for almost all cardiovascular diseases.

The fact that it did not have obvious symptoms had led doctors to call hypertension a "silent killer", OptiBiotix said.

Studies conducted in Europe and in the United States suggested that, under new hypertension guidelines, a large percentage of the adult population may be considered hypertensive, totalling around 14 million people in the UK and more than 100 million in the US.

"We are very pleased to have partnered with Nutrilinea who covered the cost of the product development, manufacturing, and the human study," said ProBiotix chief executive officer Steve Prescott.

"Because hypertension affects millions of people globally and is a serious risk factor for cardiovascular disease, we are excited to offer a natural product that has been clinically proven to lower hypertension.

"Adding this new formulation to our portfolio of existing products that target cholesterol reduction, CholBiome and CholBiome x3, allows ProBiotix to offer a best in class cardiovascular health solutions to consumers."

At 1547 GMT, shares in OptiBiotix Health were up 0.74% at 56.92p.

Email this article to a friend

or share it with one of these popular networks:


Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

OPTI Market Data

Currency UK Pounds
Share Price 18.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 39.00
52 Week Low 6.00
Volume 7,895
Shares Issued 97.94m
Market Cap £17.63m

OPTI Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
60.16% above the market average60.16% above the market average60.16% above the market average60.16% above the market average60.16% above the market average
92.16% above the sector average92.16% above the sector average92.16% above the sector average92.16% above the sector average92.16% above the sector average
Price Trend
16.42% below the market average16.42% below the market average16.42% below the market average16.42% below the market average16.42% below the market average
33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average
Income Not Available
Growth
96.72% below the market average96.72% below the market average96.72% below the market average96.72% below the market average96.72% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average

OPTI Dividends

No dividends found

Trades for 13-May-2024

Time Volume / Share Price
11:38 1,500 @ 17.66p
10:08 3,000 @ 17.66p
09:41 3,106 @ 17.66p
08:11 82 @ 18.24p
08:00 4 @ 17.50p

OPTI Key Personnel

CEO Stephen O'Hara
Finance Director Graham Myers

Top of Page