LONDON, UNITED KINGDOM--(Marketwired - Mar 15, 2016) - Plandaí Biotechnology, Inc. (OTC PINK: PLPL) ("Plandaí" or "the Company"), biopharmaceutical producer of the highly bioavailable Phytofare® catechin complex, today announced that it has received an initial order for 500,000 capsules of the Company's Pheroid® entrapped Phytofare® catechin complex -- trade named "ph²™" from Coyne Healthcare, leading developer of high-quality nutraceutical and food supplements based in South Africa. Plandaí previously announced that it had entered into a license and supply agreement with Coyne Healthcare to develop a new biopharmaceutical product using ph2TM under which Plandaí will prepare the capsules for Coyne who will then bottle, package and sell the product. Coyne Healthcare indicated that this initial order will be sold exclusively in South Africa but their intention is to expand the product internationally in the future.
The new Coyne Healthcare product represents the first application of ph²™ in a commercial product intended for human use. ph2™ is the combination of the nano-entrapment system, Pheroid®, with the Company's Phytofare® catechin complex. Pheroid® encapsulates, or entraps, the Phytofare® in a colloidal emulsion which clinical tests have shown both improves absorption into the blood plasma and protects the Phytofare® against metabolization during the digestive process.
Callum Cottrell-Duffield, Vice President of Plandaí, commented, "This first order from Coyne Healthcare represents a milestone for Plandaí since it launches ph2 as a new, commercially viable product. Since we first executed the license agreement with North West University to use Pheroid® in human use, we've been working to build nutriceutical applications. ph2™ contains all eight catechins which are protected by the Pheroid® until they reach the blood stream. Clinical testing has shown that, when entrapped in Pheroid®, the bioavailability increases an additional 30% over our already high levels while also extending the residency of the antioxidants in the bloodstream at therapeutic levels over 24 hours."
Kevin Coyne, Managing Director of Coyne Healthcare, added, "We expect our new product to be enthusiastically received by the market place once they understand the superiority of the extract which has been clinically proven to deliver much higher levels of antioxidants. Green Tea has thousands of studies supporting its various health benefits, we can now deliver Green Tea like never before, and this is the new benchmark in supplementation. We're excited to be launching this breakthrough in South Africa as its home market and soon thereafter expanding internationally".
Founded in Cape Town, South Africa, Coyne Healthcare has been both developing and distributing high quality nutraceutical and food supplements since 2013. For additional information, visit: www.coynehealthcare.co.za.
About Plandaí Biotechnology, Inc.
Plandaí Biotechnology, Inc. and its subsidiaries develop highly phyto-available™ extracts. Plandaí Biotechnology controls every aspect of the process, from growing the raw materials on its farms in South Africa, to producing its proprietary Phytofare® extracts in-house, allowing the Company to guarantee the continuity of supply as well as quality control throughout the entire process. Targeted industries for the Company's products include beverage, cosmeceutical, wellness, nutriceutical, anti-aging, and pharmaceutical. For more information, please visit http://www.plandaibiotech.com.
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