Venture Life expands markets for UltraDEX and Myco Clear

The AIM-traded firm said initially, it would bring the brand an additional 580 new listings through the introduction of UltraDEX Oral Rinse and UltraDEX Fresh Breath spray in stores.

In addition, Lloyds Pharmacy would list the two products, as well as the UltraDEX Toothpaste, in its online store, where it would be available to purchase online or via click and collect in store.

Venture Life described Lloyds Pharmacy as a “leading community pharmacy and healthcare provider” with more than 1,500 storefronts across the UK, mainly in community and health centre locations.

Separately, Venture Life also announced a new distribution deal with the international pharmaceutical company Jaba Recordati in Portugal for Myco Clear - a range which it said helped treat and prevent nail fungal infections.

Launch would take place later in the year, or in the first quarter of 2019.

“I am delighted that we have now been able to get the UltraDEX range into Lloyds Pharmacy, the second largest chain of pharmacies in the UK,” said chief executive officer Jerry Randall.

“Our store listings are now 20% higher than one year ago - this reflects the continued commercial development of the UltraDEX brand in the UK.

“This increase of distribution also illustrates the growing momentum of the brand along with the launch of the new UltraDEX One GOÔ in Superdrug.”

Randall said the company had seen a “high level of interest” in its new products developed for the UltraDEX range, and expected to provide further news in the area “soon”.

“I am also delighted to announce the new distribution agreement of Myco Clear with Jaba, who are a significant player in the European OTC market.

“This opportunity adds to a number of products we already supply to the Recordati Group.

“The adoption of Myco Clear by such a prestigious company validates the innovative and high quality nature of our products in this area.”