- Introductory purchase orders secured with Forrajes Tesistan and
Prolea
- Membership in ANFACA and AMEPA to provide extended access to
feed mills and farms throughout Mexico
Avivagen Inc. (TSXV:VIV, OTCQB:VIVXF) (“Avivagen”), a life
sciences corporation focused on developing and commercializing
products for livestock, companion animal and human applications
that safely enhance and support immune function, thereby supporting
general health and performance, is pleased to announce multiple
introductory purchase orders for OxC-betaTM Livestock with new
clients in Mexico. Along with the new orders, Avivigen has also
announced that it has joined both Asociación Nacional de
Fabricantes de Alimentos Para Consumo Animal. S.C (ANFACA) and
Asociación Mexicana de Productores de Alimentos, A.C. (AMEPA) in
Mexico, following a strategic plan developed with Meyenberg
International Group., a consulting company with offices in
Guadalajara and Mexico City, specializing on helping companies to
expand globally.
Avivagen has secured purchase agreements with two new customers
in Mexico, each for an introductory order of 50kgs. The orders have
been secured with:
- Forrajes Tesistan, a member of ANFACA and the owner of numerous
swine farms and a commercial feed mill.
- Prolea, a large member of AMEPA and owner/manager of a number
of dairy, poultry and swine farms in Northern Mexico. Prolea also
owns and operates a commercial feed mill.
“We are very excited to expand the reach of OxC-betaTM Livestock
in Mexico through these new client agreements and important
alignments with ANFACA and AMEPA,” says Kym Anthony, Chief
Executive Officer, Avivagen Inc. “We are optimistic that, as we
have seen with other established customers like UNAHCO (based in
the Philippines), and recently with Industrias Melder (based in
Mexico), these introductory orders will lead to additional and
larger orders from these customers. We are excited to begin
establishing what we hope will be long-standing relationships with
Tesistan and Prolea.”
ANFACA and AMEPA represent two of the most important and
influential livestock feed and dairy production associations in
Mexico, further extending the reach of OxC-betaTM Livestock in the
important and growing feed production region. Each organization
will offer OxC-betaTM Livestock to its members as well as conduct
new trials for further usage in the region.
“As one of the fastest growing feed production markets
worldwide, Mexico presents a significant ongoing opportunity for
Avivagen,” adds Anthony. “As the trusted and established voices of
the feed and dairy industries across Northern Mexico, we anticipate
that our memberships with ANFACA and AMEPA will enable us to
broaden and deepen our customer base and greatly extend the reach
and usage of our proprietary and industry-leading alternative to
antibiotics to a much wider market throughout the country.”
Guadalajara-based ANFACA is an important Livestock Producer and
Supplier Association consisting of member-companies in the Jalisco
region of Mexico, the country’s leading agriculture production
state. The association’s membership base includes poultry, swine
and dairy producers. Mexico-City-based AMEPA is an influential
Mexico City-based feed millers association representing member
companies including Gramosa and large dairy operators in Northern
Mexico.
About Avivagen
Avivagen is a life sciences corporation focused on developing
and commercializing products for livestock, companion animal and
human applications. By unlocking an overlooked facet of β-carotene
activity, a path has been opened to safely and economically support
immune function, thereby promoting general health and performance
in animals. Avivagen is a public corporation traded on the TSX
Venture Exchange under the symbol VIV and on the OTCQB Exchange in
the U.S. under the symbol VIVXF, and is headquartered in Ottawa,
Canada, based in partnership facilities of the National Research
Council of Canada and Charlottetown, Prince Edward Island. For more
information, visit www.avivagen.com. The contents of the website
are expressly not incorporated by reference in this press
release.
About OxC-beta™ Technology and OxC-beta™ Livestock
Avivagen’s OxC-beta™ technology is derived from Avivagen
discoveries about β-carotene and other carotenoids, compounds that
give certain fruits and vegetables their bright colours. Through
support of immune function the technology provides a non-antibiotic
means of promoting health and growth. OxC-beta™ Livestock is a
proprietary product shown to be an effective and economic
alternative to the antibiotics commonly added to livestock feeds.
The product is currently available for sale in the United States,
Philippines, Taiwan, New Zealand, Thailand, Mexico, Brazil,
Australia and Malaysia.
Avivagen’s OxC-beta™ Livestock product is safe, effective and
could fulfill the global mandate to remove all in-feed antibiotics
as growth promoters. Numerous international livestock trials with
poultry and swine using OxC-beta™ Livestock have proven that the
product performs as well as, and, sometimes, in some aspects,
better than in-feed antibiotics.
Forward Looking Statements
This news release includes certain forward-looking statements
that are based upon the current expectations of management.
Forward-looking statements involve risks and uncertainties
associated with the business of Avivagen Inc. and the environment
in which the business operates. Any statements contained herein
that are not statements of historical facts may be deemed to be
forward-looking, including those identified by the expressions
“aim”, “anticipate”, “appear”, “believe”, “consider”, “could”,
“estimate”, “expect”, “if”, “intend”, “goal”, “hope”, “likely”,
“may”, “plan”, “possibly”, “potentially”, “pursue”, “seem”,
“should”, “whether”, “will”, “would” and similar expressions.
Statements set out in this news release relating to the continued
distribution and acceptance of Avivagen’s technology, anticipated
growth in demand for Avivagen’s products, the possibility for
OxC-beta™ Livestock to replace antibiotics in livestock feeds as
well as fill a critical need for health support in certain
livestock applications where antibiotics are precluded, the size of
market opportunities. the potential for a longer term relationship
with or additional orders from Forrajes Tesistan and Prolea, and
the anticipated benefits from Avivagen joining ANFACA and AMEPA are
all forward-looking statements. These forward-looking statements
are subject to a number of risks and uncertainties that could cause
actual results or events to differ materially from current
expectations. For instance, these initial orders may not result in
new orders for Avivagen’s products, demand for Avivagen’s products
may not continue to grow and could decline, Avivagen’s products may
not gain market acceptance or regulatory approval in new
jurisdictions or for new applications and may not be widely
accepted as a replacement for antibiotics in livestock feeds, new
market access may not occur in the timeline or manner expected by
Avivagen, the market opportunities may not be as large as Avivagen
anticipates, Forrajes Tesistan and Prolea are under no obligation
to place further orders with Avivagen and the anticipated benefits
of membership with ANFACA and AMEPA may not be achieved due to many
factors, many of which are outside of Avivagen’s control. Trial
results described above may not be indicative of anticipated
results of using Avivagen’s products in all cases. Readers are
referred to the risk factors associated with the business of
Avivagen set out in Avivagen’s most recent management’s discussion
and analysis of financial condition available at www.SEDAR.com.
Except as required by law, Avivagen assumes no obligation to update
the forward-looking statements, or to update the reasons why actual
results could differ from those reflected in the forward-looking
statements.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Copyright © 2020 Avivagen Inc. OxC-beta™ is a trademark of
Avivagen Inc.
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version on businesswire.com: https://www.businesswire.com/news/home/20201006005235/en/
Avivagen Inc. Drew Basek Director of Investor Relations 100
Sussex Drive, Ottawa, Ontario, Canada K1A 0R6 Phone: 416-540-0733
E-mail: d.basek@avivagen.com
Kym Anthony Chief Executive Officer 100 Sussex Drive, Ottawa,
Ontario, Canada K1A 0R6 Head Office Phone: 613-949-8164 Website:
www.avivagen.com
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