Kurs & Likviditet
Beskrivning
Land | Norge |
---|---|
Lista | OAX Equities |
Sektor | Hälsovård |
Industri | Bioteknik |
2022-01-12 09:00:00
12.1.2022 08:59:59 CET | Aqua Bio Technology ASA | Inside information
Restorsea LLC has informed Aqua Bio Technology ("ABT") that they have decided to
renew the prevailing Supply, License, and Exclusivity Agreement dated July 3,
2014 between ABT, Restorsea, LLC and Restorsea Holdings, for five additional
years. Restorsea has elected not pay the USD 2.5 million renewal fee necessary
to extend the exclusivity rights under the agreement. The next renewal date for
five year additional supply under the agreement will be March 19, 2027. ABT will
look into the prospects of also commercializing products coming from the
hatching fluid technology on its own following the expiry of the exclusivity
period in March 2022.
****
For further information, please contact Håvard Lindstrøm, CEO, telephone +47 941
32 288.
This information is subject to the disclosure requirements in Regulation EU
596/2014 article 19 number 3 and the Norwegian Securities Trading Act § 5-12.
Aqua Bio Technology (ABT) is developing and commercializing sustainable
biotechnology for use in skin care products. ABT's cosmetics ingredients are
effective and they provide the cosmetics industry with natural alternatives to
traditional ingredients. ABT is also marketing and distributing natural skin
care products developed by partners towards consumers and professional users.
ABT's focus on commercialization and development of natural ingredients and
natural skin care products has been, and will continue to be, an important part
of the company's strategy going forward. Aqua Bio Technology is listed on
Euronext Expand.
DISCLOSURE REGULATION
This information is subject of the disclosure requirements pursuant to section
of 5-12 of the Norwegian Securities Trading Act.
CONTACTS
* Håvard Lindstrøm, 004794132288, hl@aquabiotech.no
ABOUT AQUA BIO TECHNOLOGY ASA
Aqua Bio Technology (ABT) is developing and commercializing sustainable
biotechnology for use in skin care products. ABT's cosmetics ingredients are
highly effective and they provide the cosmetics industry with natural
alternatives to traditional ingredients. ABT is also marketing and distributing
natural skin care products developed by partners towards consumers and
professional users. Aqua Bio Technology is listed on Euronext Expand.
ATTACHMENTS
Download announcement as PDF.pdf -
https://kommunikasjon.ntb.no/ir-files/17847556/1117/1489/Download%20announcement
%20as%20PDF.pdf