BiosLife is BS. It's nothing more than simple soluble fiber, but put into handy packets and marketed by unscrupulous doctors who get a commission from Rexall Drugs (the company that produces BiosLife).
You can easily get the same amount of soluble fibers by adding 1/3 cup of oat bran to your morning cereal...and it will only cost you pennies per day.
FWIW, I tried BioSlime a few year's back. I'd had a moderately high cholesterol reading, so decided to try it when my doc recommended it. After 3 months taking it religiously, my cholesterol numbers were re-checked - they had not moved at all (and I was out over a hundred dollars for the BS).
My advice - get a different doc, and buy some oat bran and/or oatmeal instead.