MORE than 1,000 pharmacies across Australia are now stocking goat milk formuia Oli6, with the brand achieving substantial growth and success since its launch just 18 months ago.
The product is made by Nuchev, an Australian firm founded by Ben Dingle who also co-founded ASX and NZX-listed Synlait Milk, which he left in 2013 to establish his new venture.
Oli6 is the only Australian goat milk formula to be "core ranged" in Chemist Warehouse and TerryWhite Chemmart stores, with the goat milk formula segment estimated to be worth about $85 million through the pharmacy channel - a massive multiple of its $3 million value just four years ago.
The product is available through all three of the major wholesalers and also recently started selling into Metcash stores.
Effective from this month, Chemist Warehouse now stocks all three Oli6 goat's milk formula products across all 356 of its stores nationally.
Nuchev's Ben Dingle is pictured above with Chemist Warehouse chief operating officer Mario Tascone.
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