Lallemand and Biostime Form New Probiotics JV To Target China

Lallemand SAS and Biostime Inc have extended the partnership they formed in 2000 with a new joint venture to market probiotics in China. Biostime France is based in Blagnac (France) and equally owned by French probiotics maker Lallemand SAS and Chinese marketer and distributor Biostime Inc. Lallemand specializes in research, development and production, while Biostime distributes to 15,000 outlets in China. The two companies launched “Biostime Probiotic Sachet for Children” in China after it was registered there in 2002. Sales have grown 20 percent a year since then, and are expected to reach 100 million sachets in the near future. The companies now plan to market adult and senior products.