Bio News
50:50 JV “Obicol” established; Holista to receive 8% royalty on sales

Holista has established a 50:50 joint venture with SCC to produce nanocollagen after raising A$1.6 million. Holista will hold operating control and receive an 8% royalty on sales, while securing an option to increase its stake to 75%. The collagen produced will be supplied to the health functional food and cosmetics markets through SCC’s distribution network.

Biobook Team
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