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Stock impact report

Gelteq Announces New Product Development Agreement with Melbourne Health for Novel Bowel Polyp Growth Reduction Compound [Yahoo! Finance]

Gelteq Limited - Ordinary Shares (GELS) 
Company Research Source: Yahoo! Finance
and science-based company specialising in gel-based oral delivery solutions, today announced it has entered into a Product Development and Profit Share Agreement (the “Agreement”), with Melbourne Health (“Melbourne Health”), operator of The Royal Melbourne Hospital and one of Australia's top public health services with extensive research capabilities. Under the Agreement, Gelteq and Melbourne Health will develop new products incorporating high-amylose maize starch butyrylated, or HAMSB, a unique compound with the potential to reduce bowel polyp growth which could lower the risk of bowel cancer. HAMSB, a form of acylated starch, has been the focus of significant research conducted by the Melbourne Health and the Commonwealth Scientific and Industrial Research Organisation (“CSIRO”). A recent study has demonstrated HAMSB's significant effects on polyp initiation pointing towards an alternative and innovative approach in colorectal health management. The results of this Australian st Show less Read more
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