Market Updates

Forbes Medi-Tech, Marco Hi-Tech Sign Agreement

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By: Sean Moloughney

Editor, Nutraceuticals World

Forbes Medi-Tech, Inc., Vancouver, British Columbia, Canada, has signed a licensing and distribution agreement for its cholesterol-lowering ingredient, Reducol™, with Marco Hi-Tech JV LLC, New York, NY. Under the terms of the co-exclusive four-year contract, Forbes will supply Reducol to Marco Hi-Tech for distribution to dietary supplement manufacturers.

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