Hofseth Biocare signs contract on ProGo with Fraser Cameron Healthcare

Tuesday, August 25, 2015

Hofseth BioCare signs a contract with Fraser Cameron Healthcare Ltd. (FCH) on shipments of HBCs salmon protein hydrolysate ProGo.

Contract extends over 3 years and will be used for new product for weight control in the United Kingdom.

Agreement is entered into via HBCs distributor, Aceto Health Ingredients.

First deliveries will take place in the fourth quarter of 2015.

Total contract value over three years, is estimated to 24 million Norwegian crowns ($2.95 million).