Better Choice Research Partner, Aimia Pet HealthCo Inc., Signs R&D Partnership Agreement for Development of GLP1 Supplement for Pets
November 08 2023 - 10:25AM
Better Choice Company (NYSE: BTTR) (“Better Choice” or the
“Company”), a pet health and wellness company, and its
research partner, Aimia Pet HealthCo Inc. (APH), today announced
that APH has signed a memorandum of understanding (MOU) with Dr.
Nadia Crosignani for the development of a GLP1 supplement for pets.
The MOU sets out the basis for Dr. Crosignani to commence research
and development of a GLP1 supplement for use in companion animals.
Combining a GLP1 supplement with Better Choices’ Halo branded
toppers or treats for dogs and cats to treat obesity and other
health issues associated with overweight pets is an area of growing
interest as more than half of dogs and cats worldwide are
classified as overweight or obese.
Dr. Crosignani is a leading international
researcher in pet health and a professor of Veterinary Science at
the Universidad de la Republic de Uruguay operating in the
department of Pharmacology in the Faculty of Veterinary Medicine.
Dr. Crosignani holds a MS in Physiology from the University of Rio
Grande do Sul, UFRGS, Brazil and a PhD in Anesthesia from the
Faculty of Medicine, University of Sao Paulo, UNESP, Brazil. In
addition, Dr. Crosignani has a post-doctorate degree from UNESP,
Faculty of Medicine, researching in the field of pain
management.
“We are pleased to make progress with our
R&D partners, APH and Dr. Crosignani. We see the use of the
GLP1 supplement as a significant opportunity for the pet health
industry and are assembling top tier partners to help Better Choice
and our brands, including Halo, become pioneers in this sector,”
commented Mike Young, Chairman of the Board for Better Choice.
About Better Choice Company
Inc.Better Choice Company Inc. is a rapidly growing pet
health and wellness company focused on providing pet products and
services that help dogs and cats live healthier, happier and longer
lives. We offer a broad portfolio of pet health and wellness
products for dogs and cats sold under our Halo brand across
multiple forms, including foods, treats, toppers, dental products,
chews, and supplements. We have a demonstrated, multi-decade track
record of success and are well positioned to benefit from the
mainstream trends of growing pet humanization and consumer focus on
health and wellness. Our products consist of kibble and canned dog
and cat food, freeze-dried raw dog food and treats, vegan dog food
and treats, oral care products and supplements. Halo’s core
products are made with high-quality, thoughtfully sourced
ingredients for natural, science-based nutrition. Each innovative
recipe is formulated with leading veterinary and nutrition experts
to deliver optimal health. For more information, please visit
www.betterchoicecompany.com.
Forward Looking StatementsThis
press release contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995.
The words “believe,” “may,” “estimate,” “continue,” “anticipate,”
“intend,” “should,” “plan,” “could,” “target,” “potential,” “is
likely,” “will,” “expect” and similar expressions, as they relate
to us, are intended to identify forward-looking statements. The
Company has based these forward-looking statements largely on our
current expectations and projections about future events and
financial trends that we believe may affect our financial
condition, results of operations, business strategy and financial
needs. Some or all of the results anticipated by these
forward-looking statements may not be achieved. Further information
on the Company’s risk factors is contained in our filings with the
SEC. Any forward-looking statement made by us herein speaks only as
of the date on which it is made. Factors or events that could cause
our actual results to differ may emerge from time to time, and it
is not possible for us to predict all of them. The Company
undertakes no obligation to publicly update any forward-looking
statement, whether as a result of new information, future
developments or otherwise, except as may be required by law.
Company Contact:Better Choice Company Inc.Kent
Cunningham, CEO
Investor Contact:KCSA Strategic
CommunicationsValter Pinto, Managing DirectorT:
212-896-1254Valter@KCSA.com
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