Gelteq Limited partners with Mana Health to distribute nutritional products in China, enhancing market presence with innovative gel formulations.
Quiver AI Summary
Gelteq Limited, an innovator in gel-based oral delivery technologies based in Melbourne, has announced a three-year sales agreement with Shenzhen Mana Health Management Co. Ltd. for the distribution of its consumer nutritional products in China. This partnership aims to leverage Mana's established healthcare distribution network, which includes both digital and physical retail channels, to introduce Gelteq's proprietary nutritional formulations, primarily targeting sugar reduction. With minimum annual order commitments expected to generate around $1.3 million in revenue, the agreement is a strategic move to expand Gelteq's market presence in China, a rapidly growing market for wellness products. The deal follows the recent launch of Gelteq’s sports performance range in Asia and reflects a growing demand for its innovative gel technology. Gelteq aims to enhance its product offerings and is actively seeking further partnerships in the region.
Potential Positives
- Gelteq has secured a three-year sales agreement with Shenzhen Mana Health Management Co. Ltd., a well-established distributor in China, which will expand its nutritional product portfolio in a rapidly growing market.
- The agreement includes minimum annual order volumes expected to generate approximately USD $1.3 million in revenue, providing Gelteq with predictable income over the contract term.
- This partnership will enhance market penetration for Gelteq’s innovative gel-based formulations and establish a pathway to introduce additional nutritional products in China.
- The press release highlights the increasing demand for Gelteq’s technology across Asia, reinforcing the company's growth potential and market readiness within the health and wellness sector.
Potential Negatives
- Entering a sales agreement with Mana means that Gelteq is reliant on an external distributor for revenue generation, which can present risks if the distributor fails to meet sales targets or if market conditions change.
- The revenue forecast of approximately USD $1.3 million over three years may be perceived as modest, potentially signaling limited immediate financial impact for the company.
- Dependence on the Chinese market exposes Gelteq to geopolitical and regulatory risks inherent in that region, which could affect their operations and profitability.
FAQ
What is the new agreement between Gelteq and Mana Health?
Gelteq has signed a three-year sales agreement with Mana to distribute nutritional products in China using Gelteq’s gel formulation.
How much revenue does Gelteq expect from the agreement?
Gelteq expects to generate approximately USD $1.3 million in revenue over the three-year term of the agreement.
What products will Mana promote in China?
Mana will primarily promote a nutritional formulation focused on sugar lowering, leveraging its multichannel healthcare network.
What strategic market is Gelteq expanding into?
Gelteq is expanding its nutritional product portfolio into China, one of the largest and fastest-growing markets for wellness and nutrition.
How does Gelteq's technology enhance product delivery?
The proprietary gel technology improves bioavailability, patient compliance, and allows for precise dosing compared to conventional delivery methods.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
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Full Release
MELBOURNE, Australia, Dec. 09, 2025 (GLOBE NEWSWIRE) -- Gelteq Limited (“Gelteq” or the “Company”), a clinical and science based innovator in gel based oral delivery technologies, today announced that it has entered into a three year sales agreement with Shenzhen Mana Health Management Co. Ltd. (“Mana”) under which Mana will distribute consumer nutritional products within China using Gelteq’s proprietary gel formulation. The agreement represents a significant step forward in expanding Gelteq’s nutritional product portfolio in China.
Mana is a well-established distributor of healthcare and wellness products in China with a strong digital presence and a network of offline retail sales channels. This infrastructure provides an existing platform to introduce Gelteq’s nutritional formulations to a new and broad consumer base across the country.
Under the agreement, Mana will promote, market, and sell a nutritional formulation primarily focused on sugar lowering across China through its multichannel healthcare network. The agreement also includes minimum annual order volumes during its three-year term which Gelteq expects to derive a minimum revenue of approximately USD $1.3 million during the term of the agreement.
The agreement accelerates Gelteq’s strategy to expand its proprietary nutritional formulations in China, one of the world’s largest and fastest growing wellness and functional nutrition markets. The agreement also establishes a pathway to introduce additional nutritional products that incorporate Gelteq’s proprietary technology.
“Our agreement with Mana Health represents a significant milestone in expanding nutritional products featuring Gelteq’s technology in China,” said Nathan Givoni, Chief Executive Officer of Gelteq. “By securing multi-year minimum commitments from distributors such as Mana, we seek to generate predictable revenue and advance the adoption of our platform in one of the most strategically important markets for nutritional products globally.”
The agreement builds upon the recent launch of Gelteq’s sports performance range across Asia and reflects increased demand for Gelteq’s innovative gel based technology. The Company’s expanding presence in Asia demonstrates both market readiness and consumer appetite for scientifically developed delivery formats that enhance convenience, taste, and functionality.
“The momentum we are seeing across Asia highlights the versatility of our gel platform and the readiness of our regional partners to distribute our science driven solutions,” Mr. Givoni said. “We are actively pursuing additional partnerships of a similar nature in the near term.”
About Gelteq Ltd.
Headquartered in Melbourne, Australia, Gelteq (NASDAQ: GELS) is a biotechnology company that has developed a novel drug delivery platform in an ingestible gel form. Gelteq specializes in the formulation, development and manufacturing of gel products for licensed partners across pharmaceutical, consumer health and animal health markets. The proprietary formulation technology aims to address challenges associated with conventional drug and nutrient delivery by enhancing bioavailability, improving patient compliance, and enabling precise dosing. For more information, visit www.gelteq.com .
Gelteq Contact:
Investor Relations
Matt Kreps, Darrow Associates IR
+1-214-597-8200
[email protected]
Forward-Looking Statements
Certain statements in this press release may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, contained herein are forward-looking statements. Forward-looking statements involve known and unknown risks, uncertainties, and other factors that may cause actual results to differ materially from those expressed or implied in such statements. For a discussion of these risks and uncertainties, refer to Gelteq’s filings with the U.S. Securities and Exchange Commission, including its Annual Report on Form 20-F filed on November 17, 2025. Gelteq undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.