- We are excited to see aXivite entering the U.S. market and being used for the histamine intolerance application, a new area for this ingredient. The product will be sold through the health care practitioner channel, one of the most dynamic segments of the natural products industry. It is a sub-market characterized by strong growth, product innovation and also the involvement of major, multinational players. I have high expectations on our future commercial development in the U.S. market, says Lucas Altepost, VP and director of sales and marketing at aXichem.
In July this year aXichem signed an agreement with Berg Nutrition regarding distribution of aXivite in the
With a 10-year compound annual growth rate (CAGR) of 8.3 percent, the practitioner channel in the
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aXichem's business idea is to develop, patent and market natural analogue industrial compounds. The Company primarily works with phenylcapsaicin a structural analogue of capsaicin with a wide range of applications, such as feed additives, marine anti-fouling products and certain pharmaceutical areas. aXichem's shares are listed on NASDAQ First North Growth Market under AXIC A. Certified Adviser: Redeye AB Certifiedadviser@redeye.se +46 (0)8 121 576 90. Read more about the company at www.axichem.se
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