Bio Extracts Receives Prestigious ‘Most Innovative Product’ Award at PRODEXPO 2024
Bio Extracts, a leading wellness and healthcare company in Sri Lanka, has been honored with the coveted “most innovative product” award in the healthy lifestyle category at PRODEXPO 2024 held in Moscow, Russia. The recognition, bestowed upon their Baraka brand, underscores Bio Extracts’ position as a premier exporter of top-quality wellness products.
Renowned locally and internationally for their product quality and effectiveness, Bio Extracts has garnered numerous accolades over the years, reaffirming their commitment to excellence in the industry.
Expressing gratitude for the award, Chairman & Managing Director of Bio Extracts, Sattar Kassim, remarked, “This accolade reaffirms Bio Extracts’ status as an innovator in the healthcare sector and showcases how Sri Lankan businesses can thrive in international markets by integrating local expertise with cutting-edge technology.” Mr. Kassim further emphasized, “Being recognized at a prominent event like PRODEXPO, which draws over 2000 exhibitors from 40 countries, underscores our dedication to introducing novel products that promote healthier lifestyles worldwide.”
Harnessing Sri Lanka’s rich herbal heritage, the Baraka brand offers a diverse range of products and supplements addressing various health needs, including diabetes management, heart health, arthritis relief, gastrointestinal care, asthma management, memory enhancement, weight control, skincare, daily health supplements, cold and flu remedies, analgesics, and natural health foods.
Bio Extracts has been at the forefront of integrating state-of-the-art technologies into herbal product manufacturing in Sri Lanka, operating from their world-class 50,000 sq. ft. facility in Ratmalana. With a cutting-edge laboratory and a dedicated R&D team, the company consistently develops innovative products that adhere to the highest international standards. Bio Extracts boasts certifications such as GMP, HACCP, ISO 2200 and 14001, USDA/EU/JAS Organic, Fair Choice, as well as compliance with USFDA and WHO regulations.
As a subsidiary of Aberdeen Holdings Group, Bio Extracts benefits from investments in professional human capital, contributing to the company’s exponential growth. Aberdeen Holdings Group, with diverse interests spanning airlines, healthcare, corrugated cartons, commodity trading, solar energy solutions, recycling and waste management, food and beverages, real estate services, and venture capital, provides robust support to Bio Extracts in realizing its vision of becoming a leading global herbal healthcare provider.
Guided by Aberdeen’s strength, dedication, and commitment, Bio Extracts is poised to emerge as a frontrunner in herbal healthcare provision, both domestically in Sri Lanka and on the global stage.