“I’m very pleased with this agreement,” said Henrik Dalboege, Executive Vice President, Health & Nutrition Division, Chr Hansen. “As a division, our strategy is to continue the recent year’s positive development through organic growth or through relevant acquisitions, and Urex is a perfect strategic fit for us.”
The Health & Nutrition Division experienced more than 20% organic growth in 2007/08 and has, according to the company, positive prospects for the future. The focus is on developing new products for the dietary supplement industry and the pharmaceutical industry, first and foremost with focus on probiotics.
Urex is a convenient oral probiotic concept clinically documented to restore and maintain a healthy vaginal flora, which may reduce the risk of infections. Over the last few years, nine clinical studies conducted in several countries have been published using the oral formulation and numerous others are currently under way.
“For probiotics, documentation is key and Urex–cap-5 is among the best documented probiotic concepts in the world,” added Dalboege. “Furthermore, the concept fits perfectly to our existing product portfolio within the category women’s health, and to our other probiotic solutions for gastrointestinal health and immune health.”
In 2004, Chr Hansen and Urex Biotech Inc entered into a strategic alliance on developing and promoting therapeutic solutions to women’s health issues based on proven probiotic strains.
“We’ve enjoyed a rewarding cooperation with Urex and we plan to continue our cooperation with the co-founder and internationally recognised probiotic researcher Dr Gregor Reid in the future, too,” said Dalboege.
Dr Gregor Reid said: “Dr Bruce and I accomplished what we set out to do with Urex, namely develop technology that could provide benefits for the urogenital health of women. But our hearts are in medical science and the time has come to return to those roots, leaving the business aspects of taking the lactobacilli to women around the world, in the safe hands of Chr Hansen.”
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