Carbiotix (publ) announced that the Company has signed its first CarbiAXOS sales agreement with Swedish-based FibreHigh AB ("FibreHigh"). FibreHigh will have a right of first refusal to purchase 100% of all production capacity during 2022 and 2023 to support the launch of their Coffee Booster in the US market. This product will be launched in parallel with CarbiAXOS nutraceutical ingredient at the Microbiome Movement Human Nutrition Summit to be held in Boston, MA, USA, between the 8-9th of November 2022.

Carbiotix will also focus on ramping up sales activities starting with the ten potential customers qualified during the first quarter with the aim of building a customer base of smaller companies with CarbiAXOS demands in line with planned production capacity over the next 2-3 years. This agreement with FibreHigh also marks a point in time when Carbiotix will start ramping up sales activities starting with the ten potential customers qualified in the first quarter, as the agreement provides a key reference customer.