Biome Australia Limited announced it has signed a material distribution agreement with Australian Pharmaceutical Industries to sell its Biome's Activated Probiotics® as core range in their 370 pharmacies across Australia. Priceline is one of the largest health and service focussed pharmacy groups in Australia, backed by both API and its new owners the Wesfarmers group. Priceline pharmacies offer their patients the highest quality professional products and advice, aligning well with Biome and its Activated Probiotics range.

Under the new partnership, Priceline is placing an initial allocation of Biome's Activated Probiotics® range into its pharmacies around Australia between June and July 2022. The new partnership will be launched at Priceline Pharmacy's inaugural Health Masterclass education series commencing with its members on 20 June 2022. This distribution agreement further validates Biome's Activated Probiotics product range.

This materially expands Biome's distribution network in Australian community pharmacy with 370 new accounts and access to new customers. This new partnership will provide further momentum to Biome's revenue growth. The Priceline distribution agreement, along with practitioner channel growth, takes Biome's distribution footprint to circa 3,000 distribution points.

This is a 20% increase since 31st March 2022, and brings the total increase in distribution points to 50% since Biome's IPO on 30th November 2021.