TSXV:VIV.H - Post by User
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StoneMan45on Mar 08, 2022 11:06am
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Avivagen Secures New Influential Customer in Mexico
Avivagen Secures New Influential Customer in Mexicohttps://stockhouse.com/news/press-releases/2022/03/08/avivagen-secures-new-influential-customer-in-mexico The sale has twofold significance. First, this customer is a relatively large producer with the capacity to regularly use a considerable quantity of OxC-beta in its operations. Thus, they represent an important potential recurring revenue stream for Avivagen. Secondly, the company is a prominent member of ANFACA, a producer association with a large membership based in Jalisco, Mexico. The adoption of OxC-beta in their operations provides other potential customers in the region with validation of the product’s effectiveness under local conditions and will help facilitate additional new sales.
The Mexico Animal feed market is expected to expand to more than US$8 billion by 2025. Growth in the Mexico poultry industry is noted as a key driver of that growth.i