Avivagen Inc. (VIV:TSX.V; VIVXF:OTCQB) announced in a news release it received its first order from Mexico for two of its products and is finalizing sales agreements with the buyer, Industrias Melder.
A feed miller that sells commercial feeds to swine, dairy and poultry producers, Industrias Melder ordered from Avivagen 350 kilograms of OxC-beta™ Livestock and 1,000 bags of Vivamune. The Jalisco-based company intends to sell Vivamune through Super Pet, its chain of retail pet stores.
The relationship between the two entities extends further, as Industrias Melder is doing confirmatory testing of OxC-beta Livestock in different species. This development came about after Avivagen presented the product at a seminar series put on by Mexico's Association of Food Producers. The event was well attended by feed and livestock manufacturers.
"We are very excited to announce our first purchase orders of OxC-beta™ Livestock and Vivamune in Mexico, paving the way for continued distribution and acceptance of our technology in major feed markets worldwide,” said Kym Anthony, CEO of Avivagen. “With annual feed sales of more than 36 million tonnes, compared with 18.2 million for The Philippines, 20.2 million for Thailand and 21.6 million for Canada, Mexico represents a fast-growing and important market for OxC-beta™ Livestock. We are confident that, as in other markets around the world, the demand for OxC-beta™ Livestock in Mexico and throughout North America will rapidly expand."
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