Forbes, Marco Sign Distribution Agreement

Forbes, Marco Sign Distribution Agreement

VANCOUVER,British Columbia, & NEW YORKForbes Medi- Tech signed a licensing anddistribution agreement for its cholesterollowering ingredient, Reducol, withNew York-based Marco Hi-Tech JV LLC. Under the terms of the co-exclusivefour-year contract, Forbes will supply Marco with Reducol for distribution todietary supplement manufacturers.

Marco Hi-Tech is a supplier of natural supplement ingredients targetinglarge demographic categories, said Mark Levitt, Marcos vice president ofsales. The importance of cholesterol management is growing in light of newresearch concerning the cardiovascular benefit of lowering cholesterol beyondlevels previously recommended by most physicians. A clinically proven,proprietary ingredient such as Reducol is clearly an important product andcarries a distinct advantage when targeting this burgeoning cholesterol-loweringmarket.

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