{"id":2016,"date":"2020-02-06T12:39:10","date_gmt":"2020-02-06T11:39:10","guid":{"rendered":"https:\/\/www.arbios.org\/?p=2016"},"modified":"2020-02-06T12:39:10","modified_gmt":"2020-02-06T11:39:10","slug":"valbiotis-announces-a-global-strategic-partnership-with-nestle-health-science-for-the-development-and-commercialization-of-totum-63-a-plant-derived-active-substance-for-prediabetics","status":"publish","type":"post","link":"https:\/\/www.arbios.org\/en\/valbiotis-announces-a-global-strategic-partnership-with-nestle-health-science-for-the-development-and-commercialization-of-totum-63-a-plant-derived-active-substance-for-prediabetics\/","title":{"rendered":"VALBIOTIS announces a global strategic partnership with NESTL\u00c9 HEALTH SCIENCE for the development and commercialization  of TOTUM-63, a plant-derived active substance for prediabetics."},"content":{"rendered":"<p>VALBIOTIS, a Research &amp; Development company committed to scientific innovation for preventing and combating metabolic diseases, announces the signature of a global long-term strategic partnership with Nestl\u00e9 Health Science for the development and commercialization of TOTUM-63, an innovative<br \/>\nand patented combination of 5 plant extracts specifically designed to reduce the risk of developing Type 2 Diabetes on prediabetics.<br \/>\nNestl\u00e9 Health Science\u2019s global reach and metabolic diseases focus expected to support TOTUM-63 development and global commercialization.<br \/>\nStrategic partnership secures funding for the latest clinical development phase until the obtention of health claims from American and European Authorities.<br \/>\nThe deal is structured around an upfront payment of CHF 5 million, development &amp; sales milestone payments up to a maximum of CHF 66 million and tiered royalties on net sales.<br \/>\nAgreement also includes TOTUM-63 supply to Nestl\u00e9 Health Science representing an additional source of revenue.<br \/>\nAs part of the agreement, a joint steering committee comprised of representatives of both companies will oversee clinical development, regulatory matters, supply, and commercialization.<\/p>\n<p><span style=\"color: #008000;\"><strong>VALBIOTIS<\/strong><\/span><br \/>\n<span style=\"color: #008000;\"><strong>Biop\u00f4le Clermont-Limagne<\/strong><\/span><br \/>\nPhone. : +33 546 284 567<br \/>\nContact : Marc Delaunay |\u00a0<a href=\"mailto:marc.delaunay@valbiotis.com\">marc.delaunay@valbiotis.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>VALBIOTIS, a Research &amp; Development company committed to scientific innovation for preventing and combating metabolic diseases, announces the signature of a global long-term strategic partnership with Nestl\u00e9 Health Science for the development and commercialization of TOTUM-63, an innovative and patented combination of 5 plant extracts specifically designed to reduce the risk of developing Type 2 [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":2014,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-2016","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - 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