The Holista Colltech share price soars 170% today

Holista Colltech Limited (ASX: HCT) saw its share price rocket up 168.8% to 21.5 cents today, after the company announced a major scientific breakthrough to produce clean-label white bread with the lowest ever reading in the Glycemic Index (GI).

Holista used its proprietary GI Lite formulae – made from extracts of okra, lentils, barley and fenugreek – and partner Veripan’s natural sourdough PANATURA to achieve a Glycemic Index (GI) readin of 53.

Switzerland-based Veripan AG is Europe’s largest independent supplier of specialist bakery ingredients.

Holista says the breakthrough was achieved in a study which was validated by a leading Australian university and can significantly reduce blood sugar levels caused by consuming white bread and other bakery products.

The two partners will now jointly distribute the PANATURA GI which will allow the launch of the world’s first clean-label low GI white bread. Australia will be targeted first, followed by Europe, North America, China, India and the rest of Asia. Holista says the global white bread market is worth US$170 billion – although the company is only aiming at a small part of that market.

The ability of bakers to reduce the GI in white bread, pizza dough and noodles should mean a lower prevalence of conditions such as obesity, diabetes and heart disease caused by the consumption of high GI score foods.

Chairman of Veripan, Mr Meiert J Grootes quipped, “This is the best thing since sliced bread.”


Motley Fool Pro is now open to new members

Our most comprehensive and innovative ASX investment service -- has reopened for a brief time, to accept new members. That means you've got the chance to follow along as one top investor puts $1,000,000 of The Motley Fool's own money to work...all in ASX stocks. But to get YOUR front-row seat, you must act NOW. (Please note: just 1,000 new member seats are available.)Click here to claim YOUR invite!

Motley Fool writer/analyst Mike King doesn't own shares in any companies mentioned. You can follow Mike on Twitter @TMFKinga

Unless otherwise noted, the author does not have a position in any stocks mentioned by the author in the comments below. The Motley Fool Australia has no position in any of the stocks mentioned. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

Two New Stock Picks Every Month!

Not to alarm you, but you’re about to miss a very important event! Chief Investment Advisor Scott Phillips and his team at Motley Fool Share Advisor are about to reveal their latest official stock recommendation. The premium “buy alert” will be unveiled to members and you can be among the first to act on the tip.

Don’t let this opportunity pass you by – this is your chance to get in early!

Simply enter your email now to find out how you can get instant access.

By clicking this button, you agree to our Terms of Service and Privacy Policy. We will use your email address only to keep you informed about updates to our website and about other products and services we think might interest you. You can unsubscribe from Take Stock at anytime. Please refer to our Financial Services Guide (FSG) for more information.