Better Choice Research Partner, Aimia Pet HealthCo Inc., Signs Second R&D Partnership Agreement with KGK Science for Development of GLP1 Supplement for Pets
16 Novembro 2023 - 4:30PM
Better Choice Company (NYSE: BTTR) (“Better Choice” or the
“Company”), a pet health and wellness company, today announced its
research partner, Aimia Pet HealthCo. Inc. (APH), has signed a
memorandum of understanding (MOU) with KGK Science Inc. (KGK) for
the development of a GLP1 supplement for pets.
The MOU sets out the basis for KGK to commence
research and development of a GLP1 supplement for use in companion
animals. Combining a GLP1 supplement with Better Choices’ Halo
branded toppers or treats for dogs and cats to treat obesity and
other health issues associated with overweight pets is an area of
growing interest as more than half of dogs and cats worldwide are
classified as overweight or obese.
KGK is a leading Canadian researcher
organization that provides high-quality clinical research trials
and expert regulatory support to several industries. For over 25
years, KGK has successfully helped hundreds of companies with
custom designed clinical trials and claim substantiation strategies
to move products efficiently into global markets. KGK is one of the
most reliable resources for brands looking for an experienced,
trustworthy team of scientific researchers, consultants, and
regulatory specialists to develop customized claim substantiation
and path-to-market strategies.
“We are pleased to make progress with our
R&D partners APH and KGK. We see the use of the GLP1 supplement
as a significant opportunity for the pet health industry and are
assembling top tier partners to help Better Choice and our brands,
including Halo, become pioneers in this sector,” commented Michael
Young, Chairman of the Board of Directors of Better Choice.
About Better Choice Company
Inc. Better Choice Company Inc. is a rapidly growing pet
health and wellness company focused on providing pet products and
services that help dogs and cats live healthier, happier and longer
lives. We offer a broad portfolio of pet health and wellness
products for dogs and cats sold under our Halo brand across
multiple forms, including foods, treats, toppers, dental products,
chews, and supplements. We have a demonstrated, multi-decade track
record of success and are well positioned to benefit from the
mainstream trends of growing pet humanization and consumer focus on
health and wellness. Our products consist of kibble and canned dog
and cat food, freeze-dried raw dog food and treats, vegan dog food
and treats, oral care products and supplements. Halo’s core
products are made with high-quality, thoughtfully sourced
ingredients for natural, science-based nutrition. Each innovative
recipe is formulated with leading veterinary and nutrition experts
to deliver optimal health. For more information, please visit
https://www.betterchoicecompany.com.
Forward Looking Statements
This press release contains forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. The words “believe,” “may,” “estimate,”
“continue,” “anticipate,” “intend,” “should,” “plan,” “could,”
“target,” “potential,” “is likely,” “will,” “expect” and similar
expressions, as they relate to us, are intended to identify
forward-looking statements. The Company has based these
forward-looking statements largely on our current expectations and
projections about future events and financial trends that we
believe may affect our financial condition, results of operations,
business strategy and financial needs. Some or all of the results
anticipated by these forward-looking statements may not be
achieved. Further information on the Company’s risk factors is
contained in our filings with the SEC. Any forward-looking
statement made by us herein speaks only as of the date on which it
is made. Factors or events that could cause our actual results to
differ may emerge from time to time, and it is not possible for us
to predict all of them. The Company undertakes no obligation to
publicly update any forward-looking statement, whether as a result
of new information, future developments or otherwise, except as may
be required by law.
Company Contact:Better Choice Company Inc.Kent
Cunningham, CEO
Investor Contact:KCSA Strategic
CommunicationsValter Pinto, Managing DirectorT:
212-896-1254Valter@KCSA.com
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