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Forbes Medi-Tech, Pharmavite Extend Contract

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By: Sean Moloughney

Editor, Nutraceuticals World

Forbes Medi-Tech, Vancouver, British Columbia, Canada, has extended its supply and licensing contract for up to three years with Pharmavite, Northridge, CA, for the continued sale of Reducol™, a branded cholesterol lowering ingredient in one of Pharmavite’s leading dietary supplements, NatureMade Cholest-Off™. The agreement calls for an undisclosed amount of Reducol to be purchased each year to maintain Pharmavite’s exclusive rights to the mass-market distribution channel in the U.S.

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