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Ganeden Biotech Completes $40 Million Sale of Sustenex® and Digestive Advantage® Probiotic Brands
Date:6/6/2011

d Digestive Advantage® brands with a very limited marketing spend, we believed it was the right time to sell these brands to a partner that will provide incremental marketing support, which will substantially increase the number of consumers who will benefit from the daily use of our probiotics," said Andrew Lefkowitz, Ganeden's President and CEO.

"Although Ganeden has already been awarded over 100 patents around the world and published 13 studies in peer-reviewed journals, this transaction will also give us the capital needed to further substantiate the efficacy of GanedenBC30™ in a broad range of human and animal health applications through greater focus on our scientific expertise," Lefkowitz added.

About Ganeden Biotech

Ganeden Biotech is a Cleveland, Ohio, based company that markets enLiven™ probiotic yogurt in Walmart stores nationally and licenses its patented strain of probiotic bacteria, GanedenBC30™, for use in branded food and beverage applications. Ganeden also markets its Ganpro™ brand of direct fed microbial as an alternative to traditional antibiotic use. Ganeden licenses its technology directly and through select distributors such as Glanbia Nutrition, PL Thomas, Sochim, and Pathway International.  GanedenBC30™ is also known as Bacillus coagulans GBI-30, PTA-6086.  Clinical trials show that GanedenBC30™ is effective in irritable bowel syndrome (IBS), intestinal gas, and in boosting the immune system against cold and flu viruses.  GanedenBC30™ is currently being studied in IBS and depression by researchers at the Massachusetts General Hospital and in HIV infection by researchers at the

SOURCE Ganeden Biotech
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