BioNeutral in manufacturing and distribution deal with Keystone Research and Pharma of US

BioNeutral Group Inc (OTCBB:BONU)  a specialty chemical technology-based life science company, said it has completed an agreement with Keystone Research and Pharmaceuticals (KRP) for its proprietary formulations for use in the veterinary, dental and cosmetic markets.
The terms are being held confidential.
Under the agreement, BioNeutral will contribute products, knowhow and access to its chief scientist Dr Andy Kielbania to help produce, promote and sell BioNeutral products in the abovementioned markets globally.

BioNeutral will use Keystone Industries as its exclusive manufacturer. KRP will provide free rent at its Germany plant for one year. KRP will give BioNeutral access to its Chief Scientist Larry Steffier and to its distributors and distribution network and include BioNeutral products at tradeshows and feature BioNeutral products in KRP's promotional literature.

KRP will be spending at least US$100,000 in the first year on equipment, developing production processes, marketing research, sales development and personnel.
Keystone Industries is an 85 year old company with global manufacturing and distribution channels with over US$100 million in annual sales.  Its main production facility and sales offices are located in Cherry Hill, New Jersey, and it has production sites in Europe and Asia. It is a privately held company that manufactures and distributes dental, medical, pharmaceutical and cosmetic products.
Most recently, the chemical division, Keystone Research and Pharmaceutical, has begun developing dental and topical medicinal products for veterinary use distributed through dealers. The Company has currently developed a new line of oral and dermal care products specifically designed to meet the needs of companion animals.
Bioneutral is in the process of taking over sporicidal-wipe specialist Steri-7, a UK-based manufacturer and supplier of proprietary disinfectants and cleaning products.
Currently, BioNeutral is focused on two kinds of products: bioneutralisers (Ygiene) and chemoneutralisers (Ogiene).The Ogiene product platform is designed to neutralize toxic and noxious gases and liquids, as well as dissolve and/or break down substances that stain surfaces and fabrics. BioNeutral states that Ogiene is water-based and environmentally friendly, furthermore it leaves no harmful residue.

Unlike Ygiene - BioNeutral’s other product family - Ogiene is not designed as an anti-microbial compound, therefore it is not subject to regulatory approval prior to sale. The Ogiene product family consists of a variety of multi-purpose cleaners, odor removers and paint removers.

Bioneutral’s bioneutraliser product family, based on the proprietary Ygiene formulation, act as disinfectants, decontaminates and sterilizers. These antimicrobials are designed to address the unmet needs of consumers and hospitals, and they also have industrial, security and military applications.