UNAHCO

Avivagen Signs Memorandum of Understanding with Distribution Agent in Asia-Pacific

Retrieved on: 
Monday, December 16, 2019

Avivagen Inc. (TSXV:VIV) (Avivagen) has entered into a memorandum of understanding with INPHILCO, Inc. setting out the terms under which the parties propose that INPHILCO will become a new, key distribution partner for OxC-betaTM Livestock in the rapidly growing Philippines market.

Key Points: 
  • Avivagen Inc. (TSXV:VIV) (Avivagen) has entered into a memorandum of understanding with INPHILCO, Inc. setting out the terms under which the parties propose that INPHILCO will become a new, key distribution partner for OxC-betaTM Livestock in the rapidly growing Philippines market.
  • This memorandum of understanding is a step toward negotiating a binding definitive agreement between Avivagen and INPHILCO, which the parties expect to negotiate and sign within the next sixty days.
  • Universal Robinas Agro-Industrial and Commodity Food Groups (URC AIG) is a leading producer of pork and poultry in the Philippines.
  • Avivagen will also continue to work closely with established Philippines distribution partner UNAHCO to include OxC-betaTM Livestock in locally-produced premixes for both swine and poultry.