AI Terminal

MODULE: AI_ANALYST
Interactive Q&A, Risk Assessment, Summarization
MODULE: DATA_EXTRACT
Excel Export, XBRL Parsing, Table Digitization
MODULE: PEER_COMP
Sector Benchmarking, Sentiment Analysis
SYSTEM ACCESS LOCKED
Authenticate / Register Log In

Pharmanutra

Regulatory Filings Oct 13, 2021

4324_rns_2021-10-13_c96c763a-235e-4cbb-a8c2-012d37c58a1d.pdf

Regulatory Filings

Open in Viewer

Opens in native device viewer

Informazione
Regolamentata n.
20106-48-2021
Data/Ora Ricezione
13 Ottobre 2021
08:36:51
MTA - Star
Societa' : PHARMANUTRA
Identificativo
Informazione
Regolamentata
: 152960
Nome utilizzatore : PHARMANUTRAN02 - Lacorte Roberto
Tipologia : REGEM
Data/Ora Ricezione : 13 Ottobre 2021 08:36:51
Data/Ora Inizio
Diffusione presunta
: 13 Ottobre 2021 08:36:52
Oggetto : PR - PHARMANUTRA new international
agreements

Testo del comunicato

Vedi allegato.

PHARMANUTRA S.P.A. SIGNS NEW DISTRIBUTION AGREEMENTS WITH AMERICAN TAIWAN BIOPHARM CO. AND ARGON DRUG STORE

The Group continues its international expansion with new distribution contracts for the SiderAL® and Cetilar® line products in four new countries: Malaysia, Singapore, Vietnam and Jordan.

Pisa, 13 October 2021 - PharmaNutra S.p.A. (MTA; Ticker PHN), a company specialising in mineral-based nutritional supplements and medical devices for muscles and joints, has signed three new international distribution contracts for its SiderAL® and Cetilar® products.

The first agreement in with Thai partner American Taiwan Biopharm Co. (ATB), a company established at the end of 2000 and currently one of the most important in Southeast Asia, which is to distribute Cetilar® Crema in Malaysia and Singapore. ATB will also market SiderAL® Forte and SiderAL® Folic in Vietnam, a country where iron deficiency is widespread, to the extent that an estimated 53% of pregnant women are affected.

The agreement concerns both PharmaNutra leading brands, consolidating an already successful partnership, that started in 2019 with the distribution of Cetilar® products in Thailand.

The second agreement has been signed with Argon Drug Store, which has been appointed to distribute four SiderAL® products in Jordan: SiderAL® Drops Int., SiderAL® Bimbi, SiderAL® Forte and SiderAL® Folic. Jordan, too, is a country with widespread iron deficiency, especially among children below the age of five (1 out of 3).

Argon Drug Store is a dynamic young company established in Amman in 2020, which specialises in the import, distribution and marketing of healthcare products on the Jordanian market. This agreement is particularly relevant in a broader commercial context where, according to data from the Italian Trade Agency, Italy is one of Jordan's main trading partners, the eighth worldwide and, after Germany, the second in Europe.

"With these latest agreements, we add four new items to the long list of countries where our products are already available", said PharmaNutra S.p.A. chair Andrea Lacorte. "This is an important achievement, which reflects our company's rapid and continuous international expansion in geographical areas whose markets are growing fast. It is also a pleasure to strengthen our business relationship with an important player like American Taiwan Biopharm and, at the same time, to welcome Argon Drug Store, a young but already successful company, to our group of trade partners".

PharmaNutra S.p.A.

Founded and led by Chair Andrea Lacorte and Deputy Chair Roberto Lacorte, PharmaNutra, established in 2003, develops unique dietary supplements and innovative medical devices, overseeing the entire production process from the proprietary raw materials to the finished product. The effectiveness of its products has been demonstrated by extensive scientific evidence, including more than 140 published papers. The Group has distribution and sales operations in Italy and abroad. In Italy, sales are conducted through a network of more than 150 medical representatives, who also handle exclusive marketing of PharmaNutra products to pharmacies all over the country. International sales in more than 50 countries are managed through 39 partners selected from top pharmaceutical companies. PharmaNutra is the leading producer of SiderAL® iron-based nutritional supplements, an area where it holds important patents for Sucrosomial® Technology. Over the years, the Group has developed a specific intellectual property production and management strategy, based on integrated management of all components: proprietary raw materials, patents, trademarks and clinical data.

PharmaNutra.it

For further information:

Via Delle Lenze, 216/b - 56122 Pisa Tel. +39 050 7846500 [email protected]

Internal Press Office [email protected]

PharmaNutra S.p.A. Press Office - Spriano Communication & Partners

Via Santa Radegonda, 16 - 20121 Milan Tel. +39 02 83635708

Matteo Russo [email protected] Cristina Tronconi [email protected]

Talk to a Data Expert

Have a question? We'll get back to you promptly.