Positive results from human clinical study concluded on Feno-Chaga® Organic

Eevia Health Plc (" Eevia" or" The Company") has concluded a human clinical study of the effects of Eevia's branded ingredient Feno-Chaga® Organic on Upper-Respiratory Tract Infections (URTIs) and Psychological Mood State with positive and promising results.

Forty (40) healthy long-distance (marathon) runners participated in a research study investigating the effects of a one-month dietary supplementation of Feno-Chaga® Organic on their physical and psychological well-being. The hypothesis was that Feno-Chaga® Organic might improve immune system vigilance in the test group, compared to the control group. Twenty males and females received Feno-Chaga® Organic, while another same size group received a placebo.

To stress and suppress the immune system of the volunteers, participants trained for and completed a strenuous endurance running event (half-marathon to marathon distance) to induce physical and mental stress. This endurance event created a "susceptibility window," whereby a higher risk for upper-respiratory-tract infections (URTIs) is more likely to be observed. Feno-Chaga® Organic may be a natural "immune-modulator," which may balance overall immune system activity and either stimulate a suppressed immune system (up to optimal) or suppress an overactivated immune system (down to optimal). An adequately primed immune system "pays attention" to factors it should fight, such as viruses, bacteria, cancer cells, etc. On the other hand, it ignores factors that should be considered non-harmful, such as pollen, mucus membranes, joint cartilage, etc.

In the study, we observed that the Feno-Chaga® group experienced the following positive benefits of supplementation compared to the placebo group:

  • There was a 51% reduction in upper-respiratory tract symptoms (total number of reported symptoms such as cough, sore throat, sniffles, stuffiness, etc.)
  • A 10% improvement in overall well-being (global mood state)
  • A 61% increase in microbiome species S. Thermophilus, which is known to be involved in immune-system regulation
  • A 30% reduction in cortisol (primary stress hormone)

The study concluded that Feno-Chaga® Organic significantly decreased URTI incidence and improved psychological mood state compared to Placebo. An abstract of the study can be found at Eevia Health webpages www.eeviahealth.com. The results will be presented at a scientific conference. Eevia Health will use the results in the market positioning of its branded product Feno-Chaga® Organic as an effective ingredient in immunomodulating dietary supplements. Scientifically documenting the efficacy of Eevia's plant extracts is essential as a crucial factor in growing customer interest and sales.

For further information, please contact:

Stein Ulve, CEO, Eevia Health Plc                       Kim Nurmi-Aro, CFO, Eevia Health Plc

Email: [email protected]                      [email protected]

Telephone: +358 400 22 5967                             +358 504 44 0717

About Eevia

Eevia Health Plc, founded in March 2017, addresses significant health problems with bioactive compounds extracted from plant materials. The materials are primarily wild-harvested from the pristine Finnish and Swedish forests near or above the Arctic Circle. The extracts are sold B2B as ingredients to dietary supplements and food brands globally. These global brands utilize the ingredients in their consumer product formulas.

Eevia Health is a fast-growing Finnish manufacturer of 100% organically certified plant extracts. Although a significant product; Elderberry extract, is made from cultivated berries, most of Eevia's other raw materials, such as bilberry, lingonberry, chaga-mushroom, and pine bark, are wild-harvested in a sustainable fashion. Eevia's branded ingredients, such as Feno-Myrtillus® Organic (high concentrate bilberry extracts with 36% anthocyanins) and Fenoprolic® 70 Organic (pine bark extracts with 70% oligomeric proanthocyanidins), are organically certified. 

Eevia Health operates a modern green-chemistry production facility in Finland. The factory operates near the raw material harvest areas. A uniquely short value chain enables an environmentally friendly carbon footprint, competitive pricing, and extreme transparency. Eevia listed its shares at Spotlight Stock Market in Sweden in June 2021, with the short name EEVIA.

To learn more, please visit  www.eeviahealth.com or follow Eevia Health on LinkedIn @EeviaHealth. 

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Eevia Health Plc Interim Report Quarter 4 - 2021

Significant events during the fourth quarter and full-year 2021:

  • Net sales for the year grew by over 130% compared to 2020, amounting to the total revenue of KEUR 6,671.
  • During Q4, 2021 Net sales amounted to KEUR 658 compared to KEUR 1,534 in 2020. The underlying Net Sales in Q4, 2021 was KEUR 801. The underlying revenue was higher than the reported revenue. Eevia credited one sold batch in Q4-21 that needed reprocessing. Eevia will resell the batch in Q1-22.
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  • The order reserve increased in Q4-21. As previously communicated, among new orders were:
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Harri Salo joins Eevia Health Plc as Chief Manufacturing Officer to strengthen top management competence and capacity

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Eevia Health Plc receives 3,4 MSEK/0,34 MEUR sales order for bilberry extract

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The sales value of this order is c.335,000 EUR and the product is Feno-Myrtillus 25 bilberry extract. The order is expected to create repeat sales of this product going forward.


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