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UTEK Europe Ltd
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GenMont probiotics products receive China market entry approval

Release issued 16th April 2009

TAIPEI, Taiwan, 15 April, 2009 / GenMont Biotech Inc. / Two probiotic strains “GM-080” and “GMNL-33,” developed and marketed by the Taiwan firm GenMont Biotech Inc., (TWOTC: 3164) have been approved by regulatory agencies in China, and can now be used as additive ingredients to food products in that market, according to an announcement by the company this week.

These two strains have been widely applied by GenMont to different types of probiotic related products commercialized in Taiwan as health foods. Both strains can be used not only as food ingredients, but also as stand-alone products. Furthermore, GM-080 is a particularly important product for the company, developed and marketed as a specialized treatment for allergy related diseases. Expectant mothers can use this unique strain to prevent their babies from having allergic diseases during the pregnancy.

The two strains were approved by China's "Management Method for Food for New Resources" law, under the country's Ministry of Health regulations at the end of 2008. With this approval now obtained, GenMont is currently in negotiations with some of China's leading food companies to have the ingredient added to health foods for sale on the local market.

Of the only fifteen probiotic strains having so far received approval under this regulation in China, two of them are from GenMont.

"With this approval, GenMont has confidence and also excited to provide health benefits to the large China market. Moreover, we expect more of our probiotic products to gain approval by Chinese regulatory authorities in the future" said GenMont President Chen Ken-te.

In additional news, GenMont also announced that on March 9th it had signed a research development agreement with the National University of Singapore as well as the Singapore's Agency for Science, Technology and Research (A*STAR) to jointly develop further anti-allergy applications of the company's GM-080 bacteria.

About GM080:
GM080 has been shown through Phase II clinical trials in Taiwan to be effective in relieving allergy symptoms and improving the quality of life for allergy patients. GenMont has undertaken extensive research confirming the effectiveness of GM080 as a safe and natural anti-allergic product.

GM080 Features:
1. Resistant to gastric acid and bile; high adherence to intestinal wall
2. Continuous use for 1 month can reduce allergic symptoms by 40-50%
3. Continuous use for 3 months can reduce IgE level by 20-25%
4. Continuous use for 6 months can reduce the risk of allergy recurrences
5. Generally recognized as safe (GRAS) lactic acid bacterial strain is used for
production. No adverse effects shown upon consumption.

Targeted Users:
1. Allergy sufferers (asthma, allergic rhinitis, ectopic dermatitis, allergic
conjunctivitis, urticaria, food allergy, etc.)
2. Seasonal allergy patients
3. Expectant mothers: 

Evidence has shown consumption of GM080 by an expectant mother during late pregnancy (7-9 months into pregnancy) reduces the rate of fetal allergy.

Evidence has also shown that the consumption of GM080 for 6 months by the expectant mother reduces the likelihood of the new-born infant developing allergies later in life.

GM080 comes in either powder or solution form, and is produced in a cGMP-certified active pharmaceutical ingredient manufacturing plant in Taiwan.

About GMNL-33:
GMNL-33 has been shown to be effective for preventing a range of oral health conditions--including tooth plaque, periodontal or gum disease, and tooth decay-- that can cause halitosis, otherwise known as bad breath;

About Probiotic Bacteria:
As defined by the industry website www.usprobiotics.org, probiotics are "live microorganisms which when administered in adequate amount confer a health benefit on the host (FAO 2001)." Scientists are learning more each day about the role of microbes in keeping people healthy and the multitude of health benefits associated with consuming the right type and levels of probiotic microbes.

Research suggests that probiotic bacteria can reduce the risk of certain diarrhea-type illnesses, improve lactose digestion in lactose intolerant people, and improve immune function. Preliminary studies indicate that probiotics can play a role in reducing the development of allergy in children, decrease Helicobacter pylori accumulation in the stomach, help patients cope with side effects of antibiotics treatment, reduce the rate of relapse of inflammatory bowel conditions, decrease the risk of certain cancers, decrease dental-caries-causing microbes in the mouth, and help healthy people remain healthy.

About GenMont:
Tainan, Taiwan-headquartered GenMont Biotech Inc. was founded in 2001 as a nutritional products company, and went public with a listing on Taiwan's Over-The-Counter (OTC) stock trading board in 2003 (TWOTC: 3164). Beginning in 2005, the company embarked on a biotechnology research-driven business model which has been successful in the delivery of a steady stream of consumer-ready probiotics products to the market, and resulting in the company experiencing a period of remarkable growth that continues to this day. With 885 percent revenue growth posted over three consecutive years, the company was ranked number 14 among the Deloitte TECH Fast 50 Taiwan (a ranking of the fastest growing companies), number two in the biotech and health care category, and ranked number 50 among the Deloitte TECH Fast 500 for the whole Asia Pacific region.

GenMont has a US patent for its anti-allergy discovery, and has registered for18 patents for anti-allergy products in territories worldwide. The company has also been very active in publishing its findings in probiotics bacteria research, with 12 papers published by its scientists in respected international journals.

The company's anti-allergic probiotics are currently used as a yoghurt-type product and marketed by Taiwan's largest food manufacturer Uni-President Co. Aside from its flagship anti-allergic probiotic, GenMont also develops and produces a wide range of probiotics and probiotics products, including healthcare products for dental care, anti-arthritis, and cholesterol lowering.

Contact:
GenMont Biotech Inc.
No. 8 Nanke 7th Rd., Shanhua Township
Tainan County 74144, Taiwan
Tel: +886-6-5052151 ext. 110
Fax: +886-6-5052152
info@genmont.com.tw
olivia@genmont.com.tw
http://www.genmont.com.tw

Company details

If you want to find out more about the company visit BiotechEast Co., Ltd. (Technology Partner) profile.

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