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Biome Australia Limited (ASX:BIO)

ALERT: Price-sensitive ASX Announcement for BIO
Current share price for BIO : $0.265 0.04 (17.78%)+
Announcement
Release
3 Jun 2026 8:43AM
Price at Release
$0.225
Full Release
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Summary
Biome Australia Limited and Specialty Probiotics Australia Pty Ltd (SPA) have entered into a Commercial Supply Agreement for SPA to manufacture, test, and package Biome's Activated Probiotics range in Australia using active ingredients supplied by Biome. This agreement, effective from June 2, 2026, with an initial term of two years, allows for annual reviews and includes customary early-termination rights. It stipulates that Biome has no upfront capital commitments or minimum purchase requirements. SPA will have exclusive rights to manufacture within Australia, with exceptions for Biome's existing suppliers and instances where SPA fails to meet quality or delivery standards. Biome retains its European supply partnerships for the EU market. The agreement specifies EX WORKS delivery from SPA's facility, with mutual indemnities and capped liabilities, while Biome retains its intellectual property rights.
Key Points
  • Biome and SPA sign a Commercial Supply Agreement.
  • SPA to manufacture Activated Probiotics range in Australia.
  • Agreement effective date is June 2, 2026.
  • Initial term of two years with annual reviews.
  • No upfront capital or minimum purchase requirements for Biome.
  • SPA's exclusivity for domestic manufacturing in Australia.
  • Biome retains European supply partnerships.
  • EX WORKS delivery from SPA's facility.
  • Agreement includes mutual indemnities and capped liabilities.
  • Biome retains intellectual property rights.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.