Path-Away(R), Active Ingredient in Plant-Based, Alcohol-Free NatShield(TM) Hand Sanitiser Developed by Holista CollTech, Tested >99.99% Effective Against COVID-19 Surrogate

Path-Away(R), a plant-based natural active ingredient used in the alcohol-free NatShield(TM) hand sanitiser developed by Malaysia-based and Australia-listed Holista CollTech (ASX: HCT), has been tested by a leading U.K. bio-safety laboratory to be more than 99.99% effective against a surrogate of the COVID-19 novel coronavirus, Holista said today.

Holista announced that the positive results of the test by an internationally recognised laboratory is a major step in its efforts to help prevent the spread of the pandemic that so far has infected more than 2.4 million people and killed over 625,000 people worldwide.

Path-Away(R) is developed by Global Infections Control Consultants LLC (“GICC LLC”), headquartered in South Carolina, United States. Holista is the global distributor of Path-Away(R) under the trademark NatShield(TM) hand sanitiser containing 3% of Path-Away(R).

While Path-Away(R) had already been proven previously to be effective as a broad-spectrum sanitiser capable of killing a range of viruses, bacteria and fungi without the use of alcohol or toxic chemicals, both GICC LLC and Holista decided to subject it to tests by a recognised bio-safety laboratory using protocols that are accepted internationally.

Path-Away(R) works by attaching itself to the virus and weakening its walls. It inhibits its ability to take up amino acids – their basic building block. This forces the viruses to clump together, in the process of killing themselves, almost instantly. The compound is environmentally safe with very low toxicity and does not harm humans and pets.

The latest U.K. test results confirm that Path-Away(R) in Natshield(TM) has an efficacy of at 4.17Log (99.99% efficacy) within a minute against the feline coronavirus (a surrogate of COVID-19) when tested at a concentration of 3%. This means that 99.99% of the virus is killed within a minute of exposure to Natshield(TM) – a huge attribute to an all-natural sanitizer that is free of alcohol and chemicals.

The feline coronavirus is increasingly used in international testing as a surrogate to COVID-19 as there are huge bio-security and safety concerns for laboratories handling the actual virus. In line with regulations of Australia’s Therapeutic Goods Administration, claims of efficacy against COVID-19 as a disinfectant must be made with surrogate human or animal coronaviruses including the feline coronavirus. The U.K. laboratory tested Path-Away(R) against the feline coronavirus (Realm: Riboviria; Order: Nidovirales; Family: Coronaviridae; Genus: Betacoronavirus; Species: COVID-19).

The deadly novel coronavirus has been given the official name of Severe Acute Respiratory Syndrome Coronavirus 2 (“SARS-CoV-2”) by the International Committee for Taxonomy of Viruses, while the World Health Organisation has named the disease caused by the virus as Coronavirus disease 2019 (“COVID-19”).

COVID-19’s ability to survive on surfaces for up to nine days while remaining aerosolised, or airborne, is among the reasons attributed for its rapid global spread in recent weeks. In view of rising infections and fatalities due to the pandemic, GICC LLC and Holista expedited the tests to facilitate specific claims against COVID-19 for Natshield(TM).

“Path-Away(R) was subjected to high international standards of testing against COVID-19 and we are elated by the results. We hope these results will advance the global efforts to combat the spread of this coronavirus, future contagions and even the common flu by something very natural and environmentally friendly,” said Dr Arthur V. Martin, President of GICC LLC.

“This is highly significant for NatShield(TM). The results have satisfied the European standard that applies to areas and situations where disinfection is medically indicated. This scientific validation means that NatShield(TM) can be used to sanitise the hands without the need for rinsing, can be applied to the face and even inside the nose without irritation and is not harmful even if swallowed. It may also be sprayed safely to sanitise a person’s immediate surrounding space, without any negative effects,” said Dr Rajen Manicka, CEO of Holista.

Holista and GICC LLC have issued instructions to commence further tests on Path-Away(R) to assess its efficacy against COVID-19 via the more rigorous direct inoculation method. This additional testing is being conducted at biosafety laboratory approved by the U.S. Centers for Disease Control (“CDC”). Results will be released once the testing procedure is completed based on the current work schedule.

Path-Away(R)’s ingredients are Generally Regarded As Safe (“GRAS”) certified, approved by the Food and Drug Administration (“FDA”) and exempted by the Environmental Protection Agency (“EPA”) – all under the U.S. FIFRA 25(b) Code of Federal Regulations. It is listed in the U.S. Pharmacopeia (“USP”) and has undergone successful USP-51 testing. Path-Away(R) is also approved by the American Food and Safety Authority and Environmental Protection Authority of New Zealand.

About Holista CollTech Ltd

Holista CollTech Ltd (“Holista”) is a natural wellness company, the result of a merger between Holista Biotech Sdn Bhd and CollTech Australia Ltd. The company has 3 main divisions:
– Dietary supplements and personal care
– Food Ingredients
– Ovine collagen

Holista has a global collaboration for Path-Away(R), a plant-based solution that is proven to kill a broad spectrum of microbes. The all-natural alcohol-free solution is an active ingredient in Holista’s proprietary hand sanitiser, NatShield(TM) that is sold under its personal care range.

Holista researches, develops, manufactures and markets “health-style” products to address the unmet and evolving needs of natural medicine. Holista’s suite of ingredients includes low-GI baked products, reduced-sodium salts, low-fat fried foods and low-calorie sugar without compromising taste, odour and mouthfeel. Holista remains the only company to produce sheep (ovine) collagen using patented extraction methods. For more information, please refer to http://www.holistaco.com

Further Information About the U.K. Testing

The testing at the U.K. laboratory had commenced 12 March 2020 based on all accepted testing protocols needed to provide data for Holista and GICC LLC to make label claims specific to COVID-19, which was formerly referred to as “2019 novel coronavirus” or “2019-nCoV”.

The testing panel also included other members of the coronavirus family such as SARS and the more common human influenza virus. The testing was completed in April 2020.

The test in the U.K. laboratory used the standard method BS EN 14476. This describes a test method and the minimum requirements for virucidal activity of a chemical disinfectant and antiseptic products. This European Standard applies to products that are used in the medical area in the fields of hygienic handrub, hygienic handwash, instrument disinfection by immersion, surface disinfection by wiping, spraying, flooding or other means and textile disinfection.

This European standard applies to areas and situations where disinfection is medically indicated
– in patient care (for example: In hospitals, in community medical facilities)
– in dental institutions or in clinics of schools, of kindergartens and of nursing homes
– in the workplace and in the home
– may also include services such as laundries and kitchens supplying products directly for patients

Outline of Test Method (Obligatory Test Conditions)

A sample of the test product is added to a test suspension of viruses in a solution of interfering substance. The mixture is maintained at one of the temperatures and contact times specified in the standard. At the end of this contact time, a portion is taken. The virucidal action in this portion is immediately suppressed by a validated method. The dilutions are transferred into cell culture units either using monolayer or cell suspension. Infectivity tests are done either by plaque test or quantal tests.

After incubation, the titres of infectivity are calculated according to Spearman and Kaber or by plaque counting. Reduction of virus infectivity is calculated from differences of lg virus titres before (virus control) and after treatment with the product. The standard minimum spectrum of test organisms is Poliovirus, Adenovirus and Murine Norovirus.

The test used the standard method BS EN 14476. This describes a test method and the minimum requirements for virucidal activity of a chemical disinfectant and antiseptic products. This European Standard applies to products that are used in the medical area in the fields of hygienic handrub, hygienic handwash, instrument disinfection by immersion, surface disinfection by wiping, spraying, flooding or other means and textile disinfection.

This European standard applies to areas and situations where disinfection is medically indicated
– in patient care (for example: In hospitals, in community medical facilities)
– in dental institutions or in clinics of schools, of kindergartens and of nursing homes
– in the workplace and in the home
– may also include services such as laundries and kitchens supplying products directly for patients

Acceptance Criteria

The product when tested as above shall demonstrate at least a 4 log10 reduction against the test virus. The test is deemed valid where all control requirements are met.

Test Result

The test product received has achieved a >4-log reduction when tested under the condition stipulated in this report, against Feline coronavirus (surrogate of SARS-CoV2) when tested at a concentration of neat(3%).

4 Log Reduction

Scientists use a logarithmic scale to see the growth of virus. Log reduction stands for a 10-fold (or one decimal point) reduction in virus, meaning the disinfectant reduces the number of live viruses by 90 percent for every step of the division. A 4-log kill reduces the colony or viruses by a 99.99% reduction.

Media Contact:
holista@wer1.net (+65 67374844)
karishma@wer1.net (+65 84792656)

Corporate Affairs & Business Opportunities
Dr Rajen Manicka: rajen.m@holistaco.com

Skin Elements Enters Binding Agreement with Holista Colltech To Launch All Natural Skin-Friendly Sanitiser

Australian-listed companies Skin Elements Limited (ASX: SKN) (‘Skin Elements’) and Holista Colltech Limited (ASX:HCT) (‘Holista’) announced today a Binding Collaboration Term Sheet (Agreement) to launch a natural alcohol-free hand sanitiser that combines Skin Elements’ new skin-sensitive anti-microbial formula with the Path-Away(R) active ingredient distributed by Holista.

Skin Elements is leveraging on its research into skincare formulas which has already achieved global market recognition. This will make the Invisi Shield(R) Natural Hand Sanitiser a world-first in combining advanced natural skincare formulations with the Path-Away(R) active ingredient.

Skin Elements’ Invisi Shield(R) Natural Hand Sanitiser will hit stores in Australia and New Zealand this month ahead of other global markets as part of an accelerated collaboration between both companies to meet the increased global demand for sanitizers.

The all natural product will address a major concern faced by the repetitive use of alcohol based sanitisers. Many Australians are increasingly concerned about skin sensitivity due to high alcohol content in sanitisers. Invisi Shield(R) Natural Hand Sanitiser does not use alcohol.

Skin Elements’ Invisi Shield(R) Natural Hand Sanitiser is a plant based formula incorporating the Path-Away(R) active ingredient. The Invisi Shield(R) Natural Hand Sanitiser is currently being formulated by Skin Elements using third party independent test results on ingredients. Once this product has been finalised the assessment of applicable regulatory framework and further appropriate independent laboratory testing will be undertaken as required.

The Invisi Shield(R) Natural Hand Sanitiser is not required to be registered by the Therapeutic Goods Administration (TGA) as it is deemed personal cosmetics products which comply with the Therapeutic Goods (Excluded Goods) Determination 2018.

The Path-Away(R) active ingredients are listed as Generally Recognised as Safe (GRAS) under the Code of Federal Regulations and Federal Drug Administration (FDA) and have been successfully tested at several laboratories approved by the World Health Organisation.

Holista has exclusive rights to distribute in Australia the Path-Away(R) sanitiser ingredient developed by Global Infection Control Consultants LLC based in South Carolina in the United States. Holista also sells under the brand Natshield.

Skin Elements has the capacity to initially produce up to 20,000 100ml bottles Invisi Shield(R) Natural in the first month at its West Perth facility, and will review quarterly its capacity to assess if additional contract facilities are required to increase production to meet increased future demand.

As part of the Agreement, Holista will ship Path-Away(R) as a concentrate to be included in the manufacture of the Invisi Shield(R) Natural sanitizer. This will be made in Australia by Skin Elements in accordance with the unique dilution recommendations for the Path-Away(R) concentrate provided by GICC. Skin Elements will allow its production outputs to be independently verified by competent auditors of HCT, or as the case may be, by GICC.

The initial order of the Path-Away(R) ingredient under the Agreement is for a minimum of $600,000 in the first year. Payment terms will be 50% on order and 50% before shipment. The minimum order quantities will be reviewed on a quarterly basis, in order to assess capacity to increase order quantities as required to meet increased demand.

It will be available in Australia and New Zealand through its network of four distributors which service in excess of 10,000 retail outlets. It intends to introduce other bottle sizes for handheld or table-top use and can increase production to meet demand in Australia and New Zealand and from the global markets.

“We are excited by the collaboration with Holista and the launch of Invisi Shield(R) Natural which will position Skin Elements as a global leader in providing high-quality hand sanitisers. This new sanitiser significantly strengthens our range of existing sanitisers which is being unveiled after two years of product development and test marketing to independent pharmacies, and selected schools and day-care centres in Western Australia,” said Skin Elements’ Executive Chairman Peter Malone.

“It extends Skin Elements’ portfolio of award-winning nature-based healthcare and skincare products researched and developed over the past 20 years. These include the Soleo Organics sunscreen, which has won multiple awards as the world’s best natural sunscreen, including being rated the number one natural sunscreen by the Environmental Working Group of the United States, PapayaActivs natural therapeutic skincare, and the Elizabeth Jane Natural Cosmetics brand,” he added.

“Our partnership with Skin Elements places Australia on the global map in terms of innovation. The inclusion of Path-Away(R) combines trusted skincare solutions developed by Skin Elements with a powerful active ingredient that has been tested as a sanitiser. Life after COVID-19 will see more use of sanitsers at a personal level and I am happy to see two Australian companies take the message of “all natural and “alcohol free” to the world as an alternative to alcohol,” said Dr Rajen Manicka, CEO of Holista.

This announcement is authorised by the Board of Directors of Skin Elements Limited and the Board of Directors of Holista Colltech Limited.

For further information, please contact:
Peter Malone
Executive Chairman
Skin Elements Limited
T: +61 439 430 770
E: peter@skinelementslimited.com

Media and Investor Inquiries
James Moses
Mandate Corporate
T: +61 420 991 574
E: james@manadatecorporate.com.au

About Skin Elements

Skin Elements is an ASX listed skin care company focused on the development of natural and organic skin care products, as an alternative to current chemical-based products. It has developed a portfolio of products which includes its lead product, the Soleo Organics 100% natural and organic sunscreen, pawpaw based PapayaActivs natural therapeutic skincare, and the Elizabeth Jane Natural Cosmetics brand. The Company has completed a highly successful test marketing phase in major international markets for Soleo Organics and has regulatory approval with the USA FDA, TGA and other significant regulators. Skin Elements aims to become the number one recognised international natural products brand. Further information is available via the Company website: http://skinelementslimited.com

About Invisi Shield(R)

Invisi Shield(R) Natural is a proprietary all-natural hand sanitiser formulation which uses a combination of the key ingredient, Path-Away(R), with organic plant extracts being olive leaf, echinacea, Manuka honey, Kakadu Plum, papaya, chamomile and thyme.

About Holista Colltech Ltd

Holista Colltech Ltd (“Holista”) is a natural wellness company, the result of a merger between Holista Biotech Sdn Bhd and CollTech Australia Ltd. The company has 3 main divisions:
– Dietary supplements and personal care
– Food Ingredients
– Ovine collagen

Listed on the Australian Securities Exchange (“ASX”), Holista researches, develops, manufactures and markets “health-style” products to address the unmet and evolving needs of natural medicine. Holista’s suite of ingredients includes low-GI baked products, reduced-sodium salts, low-fat fried foods and low-calorie sugar without compromising taste, odour and mouthfeel. Holista remains the only company to produce sheep (ovine) collagen using patented extraction methods. For more information, please refer to http://www.holistaco.com

Contact:
Corporate Affairs & Business Opportunities
Dr Rajen Manicka: rajen.m@holistaco.com
General Enquiries: enquiries@holistaco.com

Media and Investor Relations:
WeR1 Consultants Pte Ltd
E: holista@wer1.net; P: +65 67374844

About Path-Away(R)

Path-Away(R) is the active ingredient in the Invisi Shield(R) Natural hand sanitiser. It is a powerful plant-based anti-microbial compound, developed by US-based Global Infection Control Consultants LLC (GICC) in South Carolina under the leadership of Dr. Arthur Martin. GICC is the premier private company in the United States that specialises in the dynamics of the pathogenic bioaerosol connection to the human infection matrix. Further information on GICC is available via the website: https://www.giccllc.com

Path-Away(R) is an all-natural, alcohol free, rinse-free multi-purpose sanitiser which is proven effective for a broad spectrum of pathogens. It is environmentally safe with a very low toxicity (especially relative to competitor products), and has been tested, proven and approved by numerous laboratories and agencies globally.

Path-Away(R) is the result of years of research leading to the company’s proprietary plant-based active ingredients. The products and processes are wholly owned by GICC. The Company’s aim to provide cutting-edge solutions organic solutions to bacteriological, biological, and viral pathogens affecting home and personal life. Further information is available via the Path-Away(R) website: https://path-away.com/

Holista Partners GICC LLC, the U.S. Developer of Path-Away(R), to Co-Develop Nasal Sanitising Balm for Global Markets

Holista CollTech (ASX:HCT) (“Holista”) announced today it will co-develop and produce in Malaysia the world’s first nasal sanitising balm using Path-Away(R), a plant-based alcohol-free active ingredient that has proven successful in killing all previously tested corona type viruses without harming humans.

Path-Away(R), which has been tested and proven to kill more than 170 pathogens (including viruses, bacteria, and fungi), was developed by Global Infection Control Consultants LLC (“GICC LCC”). It kills the AIDS virus and the resilient Mycobacterium tuberculosis. In Malaysia, it is approved by the Ministry of Health as being effective against the H1N1 virus. GICC LLC, based in Bluffton, South Carolina, was founded by President and Principal Research Scientist, Dr Arthur Martin.

CO-DEVELOPMENT OF NASAL SANITSING BALM FOR GLOBAL MARKETS

Dr Martin and Dr Rajen Manicka, founder and CEO of Holista, jointly announced, “following the outbreak of Covid-19, the two companies will extend their partnership and accelerate the development of the nasal sanitising balm which will contain Path-Away(R)”.

The two companies expect to jointly file a global patent on the nasal sanitising balm first quarter of 2020, and intend to commence production by the third quarter of 2020, ahead of distribution to global markets and the onset of the UK and European winter.

The balm will include Path-Away(R), which is created from a series of individual plants and processes proprietary to GICC LLC. Path-Away(R) attaches to the virus and weakens the cell walls by inhibiting its ability to take up amino acids – the basic building block of cells. This forces the virus cells to clump together, in the process of killing themselves, almost instantly.

Dr Martin said “An airborne virus can only enter the human body through the eyes, the mouth and the nose. The mouth is protected by salivary enzymes and the eyes produce tears with specific enzymes that disable proteins on virus surfaces. The nose, however, is warm, damp and dark especially during winter. Rich in fatty and amino acids, the nasal passage leads directly to sinuses, the throat and of course, the lungs, thus making it the most vulnerable to viruses.”

“We are pleased to partner with Holista to develop a nasal sanitising balm equivalent of NatShield(TM) Sanitizer as masks do not provide complete protection to the nose as they are loose-fitting and may allow small droplets to enter the mouth or nose. Since Path-Away(R) is plant-based and alcohol-free, it does not irritate the nose and will be effective for six hours”, he added.

UPDATE ON HAND-HELD SANITISER; APPOINTMENT OF BOTTLERS IN THE PHILIPPINES

The hand-held NatShield(TM) Sanitiser, containing Path-Away(R) and developed by Holista is currently bottled in Malaysia and distributed within the 10-country ASEAN region. Stocks have run out in local pharmacies and Holista said today it has appointed three bottlers in the Philippines to meet orders.

Dr Rajen Manicka, CEO of Holista CollTech, said, “Due to health concerns about Covid-19, Holista is striving to meet the demands for the hand-held NatShield(TM) Sanitiser locally in Malaysia as well as in Australia”.

DISTRIBUTION EXTENDED BEYOND ASEAN TO INCLUDE THE UK AND EUROPE

GICC LLC has agreed to grant Holista marketing and distribution rights of Path-Away (R) beyond ASEAN region to include UK and Europe. Holista will distribute NatShield(TM) Sanitiser and the nasal sanitising balm into the UK and Europe. Holista will also work collaboratively with GICC LLC in the North American market to market NatShield(TM) Sanitiser and the nasal sanitiser balm.

“We are also grateful to Dr Martin and GICC LCC for granting Holista the distribution rights for Path-Away(R) to include the UK and Europe. We are excited to collaborate Dr Martin’s team in the North American market on the Natshield(TM) Sanitiser,” he added.

EQUIPMENT TO CLEANSE AIRFLOW IN BUILDINGS & FACILITIES

Under the leadership of Dr Martin, a trained engineer, GICC LCC has also developed a set of equipment and processes that helps deploy Path-Away(R) in buildings such as airports, transportation hubs, hospitals, schools and factories to improve the quality airflow. The solution involves pumping mists containing Path-Away(R) into the air condition and ventilation systems to destroy the deadly pathogens present in such enclosed public spaces.

It has been used for over a decade in various countries and market segments to prevent illness and to increase productivity.

GICC LLC has previously helped Malaysia during the H1N1 outbreak in 2009 and Singapore during the SARS outbreak in 2003 using Path-Away(R).

Holista will now exclusively represent this technology in the Asia Pacific region except for China, Macau, Hong Kong and Taiwan.

FUNDING UPDATE

As announced to the ASX earlier this month, the Company has successfully raised just over $2,600,000 since the start of 2020, utilising the Acuity Capital Control Placement Agreement (CPA) facility. This funding will provide the capital to develop the nasal sanitising balm, grow existing regional markets as well as new European markets without disrupting business operations.

About Holista CollTech Ltd

Holista CollTech Ltd (“Holista”) is a research-driven biotech company, the result of a merger between Holista Biotech Sdn Bhd and CollTech Australia Ltd. Headquartered in Perth and with extensive operations in Malaysia, the company is dedicated to delivering first-class natural ingredients and wellness products globally. Holista is a leader in the research of herbs and ingredients for the making of healthier food.

Listed on the Australian Securities Exchange (ASX:HCT), Holista researches, develops, manufactures and markets “health-style” products to address the unmet and evolving needs of natural medicine. Holista’s suite of ingredients, among other things, includes low-GI baked products, reduced-sodium salts, low-fat fried foods and low calories sugar without compromising taste, odour and mouthfeel. Holista remains the only company to produce sheep (ovine) collagen using patented extraction methods. For more information, please refer to http://www.holistaco.com

Contact:
Corporate Affairs & Business Opportunities
Dr Rajen Manicka: rajen.m@holistaco.com
General Enquiries: enquiries@holistaco.com

Media and Investor Relations:
WeR1 Consultants Pte Ltd
E: holista@wer1.net; P: +65 67374844

Orders for NatShield(TM) Sanitizer Disinfectant Spike after Outbreak of Coronavirus

ASX-listed Holista CollTech (ASX:HCT, ‘Holista’) announced today a strong spike in demand in Malaysia for it all-natural disinfectant spray NatShield™ Sanitizer containing the powerful Path-Away® anti-microbial compound. The increased demand follows the recent outbreak of the deadly coronavirus originating in Wuhan, China.

Holista confirmed that since mid-January 2020 it had sold out all NatShield(TM) Sanitizer in its inventory. Each bottle of NatShield(TM) Sanitizer contains 5% of Path-Away(R) which is made from natural plant-based substances that have been approved for use by the U.S. Food and Drug of Authority and tested by World Health Organization (“WHO”) approved laboratories in numerous countries around the world.

Developed by Global Infection Control Consultants LLC (“GICC LLC”) based in South Carolina, USA, Path-Away(R) (www.path-away.com) is distributed in Malaysia by Holista as NatShield(TM) Sanitizer. Holista is the exclusive distributor of Path-Away(R) for the ASEAN region. ASEAN countries with confirmed cases of the coronavirus include Malaysia, Singapore, Thailand and Cambodia.

Based on requests from seven chains representing over 3,000 pharmacies in Malaysia, Holista has ordered 60,000 bottles of NatShield(TM) Sanitizer to be air-freighted to Malaysia from the U.S.A. by mid-February.

The novel coronavirus was first reported to WHO on 31 December 2019 and has been under investigation ever since. Countries with confirmed infections include the U.S.A., Canada, France, Australia, Japan, South Korea and Nepal.

The active substance in the spray weakens the cell walls of the virus, causing the infectious organisms to clump together, in the process killing themselves, almost instantly. The potent compound is environmentally safe with very low toxicity and hence is not harmful to humans and pets even if accidentally swallowed. It is free of alcohol and other potentially toxic chemicals.

It is approved for use by Malaysia’s Ministry of Health, with special reference to the H1N1 virus – another coronavirus, similar to one in this outbreak which led to more than 70 deaths in 2009. It has also been approved by the Food and Safety Authority of New Zealand, and the New Zealand Environmental Protection Authority (“EPA”). It is also approved by the United States Pharmacopeia (“USP”) and has undergone successful USP-51 testing as a disinfectant.

“This is not a drug. It acts by sanitising body parts. It had been consistently shown to be effective and safe to users and the environment in the most advanced biosafety laboratories in the world,” said Dr Rajen Manicka, the CEO of Holista which is headquartered in Kuala Lumpur, Malaysia and listed on the Australian Securities Exchange (“ASX”).

“NatShield(TM) Sanitizer was created to treat previously known coronaviruses. It can be used as a precautionary spray in crowded areas including public transport. Three to five sprays are all that is needed to disinfect hands, toilet seats, doorknobs, countertops and trolley bars, with efficacy lasting up to two hours. We plan to sell it in all infected ASEAN countries,” he said.

Dr Arthur Martin, the President of GICC LLC (www.giccllc.com) said, “The Path-Away(R) formula has been proven in world-renowned laboratories including those working with WHO, to be able to kill over 170 deadly pathogens including previously existing forms of coronaviruses. Path-Away(R) is currently undergoing testing on the newly emerged coronavirus designated as the “Wuhan Virus.”

Dr Martin is a globally respected scientist and a member of the WHO’s Stop Tuberculosis (“T.B.”). Board who had been previously nominated for the prestigious “Kochon Prize” for his work on T.B. “Humans of all ages can use Path-Away(R) with little or no risk of toxic effects. It retains its efficacy for hours even under extremes of temperature and is not corrosive and can be used even in sensitive installations,” he said.

Contact:
Corporate Affairs & Business Opportunities
Dr Rajen Manicka: rajen.m@holistaco.com
General Enquiries: enquiries@holistaco.com

Media and Investor Relations:
WeR1 Consultants Pte Ltd
Karishma Ailsinghani
E: holista@wer1.net; P: +65 84792656

About Holista CollTech Ltd

Holista CollTech Ltd (“Holista”) is a research-driven biotech company, the result of a merger between Holista Biotech Sdn Bhd and CollTech Australia Ltd. Headquartered in Perth and with extensive operations in Malaysia, the company is dedicated to delivering first-class natural ingredients and wellness products globally. Holista is a leader in the research of herbs and ingredients for the making of healthier food.

Listed on the Australian Securities Exchange (“ASX”), Holista researches, develops, manufactures and markets “health-style” products to address the unmet and evolving needs of natural medicine. Holista’s suite of ingredients, among other things, includes low-GI baked products, reduced-sodium salts, low-fat fried foods and low calories sugar without compromising taste, odour and mouthfeel. Holista remains the only company to produce sheep (ovine) collagen using patented extraction methods. For more information, please refer to http://www.holistaco.com

Holista Files Patent for Water-Soluble Technology Targeting Cannabidiol (CBD) and Other High-Value, Fat-Soluble Nutraceuticals

Highlights

  • Formulation makes water soluble cannabidiol (CBD) oil up to 40 times better absorbed
  • Taste masking technology increases acceptance in oral pharma and food formulations
  • Project Leader is Dr Roscoe Moore Jr – retired United States Assistant Surgeon General – an advocate of evidenced based CBD
  • Technology could apply to most fat-soluble medications and foods, including curcumin and Vitamin D
  • Commercialisation by licensing begins in North America in 2020

Holista CollTech (ASX: HCT, Holista) today announced that it has filed its 100%-owned global patent for platform technology that will deliver many fat-soluble medications by creating a water-soluble delivery system. This patented process can apply to a whole range of molecules including the Cannabidiol (CBD) oil industry.

The commercial benefits for the CBD producers include making their CBD formulation up to 40 times more potent (allowing them to reduce their dosages significantly) as well as making their product palatable for the young and the elderly.

Fat-soluble molecules have poor bioavailability as they don’t dissolve well and reach the bloodstream. As such, a higher dosage needs to be ingested. This is both wasteful and costly. The platform technology will particularly benefit the Cannabidiol (CBD) oil industry where the active material is scarce, costly and poorly water-soluble.

In a statement released this week, by our Project Leader and head of Holista’s Technical Advisory Panel, Dr Roscoe Moore Jr stated “Working on developing this technology is exciting. Most medicine consumed orally is wasted due to its poor absorption by the body. This is especially true for CBD, which is also expensive. More important, the integrity of the final molecule is preserved exactly as it is found in nature and hence, there is no apparent need for any lengthy approvals process anywhere in the world. We only use materials certified as ‘Generally Regarded as Safe’ (GRAS) by the FDA[1].”

Dr Moore is the retired Assistant Surgeon General of the United States. He currently sits on several Company boards linked to CBD in the United States and Canada.

CBD Oil has an earthy, musky and lingering bitter taste due to the high concentration of organic compounds that make it very unpalatable. This makes formulating CBD for oral consumption difficult. The taste masking technology linked to this patented formulation used GRAS botanicals to allow wider applications in pharmaceutical and food with oral dosing.

“Holista drew from parallel work done on the turmeric molecule which is also very fat soluble” said Dr Swanand Malode, leader the teams in Europe and Asia that worked on this technology for more than five years.

“We note that there is growing consensus in the medical community that CBD can be used to improve patient outcomes for conditions such as seizure, inflammation, pain, psychosis or mental disorders, inflammatory bowel disease, nausea, migraines, depression, anxiety” said Dr Rajen Manicka, CEO of Holista.

Holista is focused on fat-soluble substances such as CBD, curcumin and Vitamin D, targeting initially the food and nutraceutical markets in Australia and North America.

According to a new estimate from cannabis industry analysts the Brightfield Group[2], the hemp-CBD market alone could hit $22 billion by 2022. The prospects for Australia are also increasing. According to a 2016 University of Sydney report[3], “Medicinal Cannabis in Australia: Science, Regulation & Industry”, found that the Australian medicinal cannabis market, if it emulates cannabis regulations in Netherlands and Canada, may produce demand for as much as 8,000 kg of product. Australia approved medical cannabis in 2016 and is working towards liberalising this space further.

CBD, a non-psychoactive cannabinoid found in cannabis, has had a surge in popularity. Unlike Tetrahydrocannabinol (THC) the chemical compound that gives cannabis its psychoactive effects, CBD has been shown to help patients with Post Traumatic Stress Disorder (PTSD), anxiety, Multiple Sclerosis and epilepsy – without having the harmful effects.

The patent was registered in the USA and filed for a global coverage, as US Filing No: 16/694,197 (the patent may be viewed on the Holista website). Holista has instructed its patenting firm to secure all global strategic markets world-wide.

With the patent filing completed, Holista has commenced negotiations with companies involved in CBD processing in North America and expect these negotiations to complete in 2020, leveraging the expertise and network of Dr Moore Jr.

The commercial model will seek to charge an industry-standard formulation fee for non-exclusive access and then a quarterly licensing fee and royalty based on wholesale pricing of the licensee product.

[1] FDA – Food and Drug Administration, USA
[2] For more information on the Brightfield Group, refer to www.brightfieldgroup.com
[3] Details of the study can be found at mgcpharma.com.au/wp-content/uploads/2016/03/mgc_whitepaper_final-sml.pdf

For further information, please contact:
Corporate Affairs & Business Opportunities
Dr Rajen Manicka: rajen.m@holistaco.com
General Enquiries: enquiries@holistaco.com

Australia
283 Rokeby Road
Subiaco WA 6008
P: +61 8 6141 3500 ; F: +61 8 6141 3599

Malaysia
12th Floor, Amcorp Trade Centre, PJ Tower
No. 18, Persiaran Barat off Jalan Timur
46000, Petaling Jaya, Malaysia
P: +603 7965 2828 ; F: +603 7965 2777

Media and Investor Relations Enquiries
WeR1 Consultants Pte Ltd
3 Phillip Street #12-01
Singapore 048693
E: holista@wer1.net; P: +65 67374844

About Holista CollTech Ltd (Holista)

Holista is a research-driven biotech company, the result of a merger between Holista Biotech Sdn Bhd and CollTech Australia Ltd. Headquartered in Perth and with extensive operations in Malaysia, the company is dedicated to delivering first-class natural ingredients and wellness products globally. Holista is a leader in the research of herbs and ingredients for the making of healthier food.

Listed on the Australian Securities Exchange (ASX), Holista researches, develops, manufactures and markets “health-style” products to address the unmet and evolving needs of natural medicine. Holista’s suite of ingredients, among other things, includes low-GI baked products, reduced-sodium salts, low-fat fried foods and low calories sugar without compromising taste, odour and mouthfeel. Holista remains the only company to produce sheep (ovine) collagen using patented extraction methods. For more information, please refer to http://www.holistaco.com