Sabinsa Corporation announced today that it has signed a sales and marketing agreement with Tempo Canada that incorporates Sabinsa’s broad range of nutritional ingredients and integrated services, in which Tempo Canada will distribute specialized, standardized botanical extracts and cosmeceuticals from Sabinsa, to the personal care & health care industries in Canada.
This collaboration is an important step for the further development and the overall commercialization of Sabinsa’s products in the Canadian market. The goal of this partnership is to develop and deliver even more unique products that are safe and efficient which meet the needs of customers and consumers by leveraging the key strengths of each company.
The marketing of the specialized extracts and ingredients is expected to launch January 1, 2008. This agreement reflects the changing dynamics in the healthcare marketplace and Sabinsa is on the forefront of this positive change. This partnership is seen as the initial and first step of a closer collaborative venture between Tempo and Sabinsa.
Today’s announcement underscores the many solutions that Sabinsa offers the nutraceutical and cosmeceutical industry, said Dr. Muhammad Majeed, Founder Sabinsa Corporation. “We are pleased that with Tempo we have gained a strong partner with excellent marketing expertise and a powerful distribution network in the field of nutraceutical, cosmeceutical and specialty ingredients in Canada,who will help us to realize the significant market potential. This agreement is an example of Sabinsa’s commitment to bringing innovative nutraceuticals, cosmeceuticals and specialty ingredients to market and to establish strategic alliances with companies that share this commitment with the R&D activities.”...