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Navamedic — M&A Activity 2016
Mar 3, 2016
3668_iss_2016-03-03_53416cd8-7483-4e4a-b80c-cd3d513362cc.html
M&A Activity
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Navamedic expands cooperation with Pohl-Boskamp
Navamedic expands cooperation with Pohl-Boskamp
Oslo, 3 March 2016 - Navamedic ASA (OSE: NAVA) the Norwegian medtech and
pharmaceutical marketing- and distribution company today announced an expanded
cooperation agreement with German pharmaceutical manufacturer, Pohl-Boskamp, for
distribution of Nitrolingual® Pumpspray in the Nordic markets.
Nitrolingual® Pumpspray is an oral spray of nitroglycerine used for relief or
prevention of sudden attacks of chest pain associated with angina pectoris
caused by heart disease. Annual sales of Nitrolingual® in the Nordic markets are
expected to be around NOK 8 million.
"Our cooperation with Pohl-Boskamp has proven highly successful. We are
delighted to add Nitrolingual to our portfolio and expect it to be very well-
received in the Nordic markets. The expansion is in line with the growth
strategy we are pursuing in this region, based on high-performing products and
working with strong suppliers," said Tom Rönnlund, CEO of Navamedic.
Navamedic has distributed several Pohl-Boskamp products in the Nordic markets
since 2014, including NYDA® head lice treatment and GeloRevoice® throat
lozenges, which are now available at more than 1,400 pharmacies across the
Nordic region.
"We are pleased to have a solid partner in Navamedic. We look forward to
continuing the collaboration and working together to bring new treatment
products into the Nordic markets," added Bodo Heibrock, Senior Director of
International Sales at Pohl-Boskamp.
For further information, please contact:
Tom Rönnlund, CEO Navamedic
Telephone +46 727 320 321
About Navamedic
Navamedic ASA is a Norwegian medtech and pharmaceutical products company,
delivering products to hospitals, pharmacies and health products stores in the
Nordic and Benelux markets. The Group's Medtech business has developed and is
currently introducing the next generation digital urine meter Sippi ®.
Navamedic's Pharma and Healthcare business is a distributor of products supplied
by a number of pharmaceutical manufacturers. Navamedic is listed on the Oslo
Stock Exchange (ticker: NAVA).
www.navamedic.com
About Pohl-Boskamp
Pohl-Boskamp is a privately owned business active in the international
pharmaceutical market for 175 years with commercialized products in more than
45 countries. Through close collaboration with its partners abroad, Pohl-Boskamp
focuses on developing and marketing products that positively impact patients'
quality of life. It operates in numerous healthcare sectors including
pneumology, urology, parasitology, cardiovascular diseases, gastroenterology,
sleep disorders and dermatology.
http://www.pohl-boskamp.com/en/.
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