Wednesday 26 February 2020

Aptorum Group begins commercialisation of menopause dietary supplement in Hong Kong

KUALA LUMPUR, Feb 25 -- Pharmaceutical company, Aptorum Group Limited (Aptorum Group) has announced the commercialisation of its dietary supplement for women undergoing menopause and experiencing related symptoms.

The supplement is made with the bioactive ingredient extracted Chinese yam powder containing ‘DOI’, which is Aptorum Group’s non-hormonal approach intended to meet certain growing consumer nutritional trends and concerns.

It is estimated that 1.2 billion women worldwide will be menopausal or postmenopausal by 2030, while the global woman’s health supplement market for menopausal symptoms is projected to reach over US$50 billion by 2025 with a CAGR rate of 16.4 per cent (2016-2025). (US$1 = RM4.22)

Initially, the supplement will be commercialised and sold in Hong Kong. The company is seeking regulatory clearance to market the product in other major jurisdictions, according to a statement.

As part of the commercialisation, Aptorum Group, via its wholly-owned subsidiary Nativus Life Sciences Limited has entered into a regional distribution agreement with Multipak Limited, a Hong Kong-based group that operates household brands.

Through Multipak, Aptorum Group will be able to increase product accessibility to a large consumer base regionally. The production of Aptorum Group’s dioscorea opposita bioactive nutraceutical tablets has commenced production in Canada and will soon be marketed under the brand name NativusWell™.

Nativus’s NativusWell™ tablets are natural, non-hormonal supplements containing DOI. The yam powder with DOI utilises a non-hormonal approach that is intended to boost the general wellness of women undergoing menopause.

More details at www.aptorumgroup.com.

-- BERNAMA

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