Navamedic

Regulatory Filings • Apr 29, 2025

Navamedic ASA: Imdur® distribution agreement extended to 2032

Navamedic ASA: Imdur® distribution agreement extended to 2032

Oslo, 29 April 2025 - Navamedic ASA (OSE: NAVA) today announced it has signed a

renewed distribution agreement with TopRidge Pharma Limited (TopRidge) for

Imdur®, valid until  June 2032, including options for new products to be added

to the agreement.

"It is a pleasure to announce that we have agreed with our great partner

TopRidge Pharma, to revise and renew the distribution agreement for Imdur until

2032. Imdur is our second largest single brand and is currently marketed by us

in the Nordics, the Netherlands, the Baltics, Greece and Cyprus. Although there

is generic competition in this field, the original product is highly valued by

the patients who often stay on the treatment for a long period of time."  says

Kathrine Gamborg Andreassen, Chief Executive Officer of Navamedic.

Imdur® (isosorbide mononitrate), is a prescription medication used to prevent

angina pectoris due to heart disease. It was first launched in Europe in 1985.

Navamedic commenced distribution of the product as part of a strategic

partnership and long-term distribution agreement with TopRidge Pharma Limited in

"Imdur® remains an important product to Navamedic, and we appreciate the efforts

made by TopRidge to update the Marketing Authorisations and to secure steady

supplies to our markets. With the renewal of this agreement, we look forward to

exploring further collaboration opportunities for additional products in the

future," Gamborg Andreassen concludes.

The effective date of the agreement is 1 January 2025, and the revised terms of

the agreement are implemented from this date even though the signature date is

29 April 2025.

For further information, please contact:

Kathrine Gamborg Andreassen, CEO, Navamedic

Mobile: +47 951 78 680

E-mail: kathrine@navamedic.com

Lars Hjarrand, CFO, Navamedic

Mobile: +47917 62 842

E-mail: lars.hjarrand@navamedic.com

About Navamedic

Navamedic ASA is a Nordic pharmaceutical company dedicated to enhancing people's

quality of life by being a reliable supplier of high-quality prescription,

consumer health, and hospital products to hospitals and pharmacies. Our growing

product portfolio has been carefully selected to meet current public health

concerns, such as obesity, Parkinson's disease, antibiotics and metabolism, to

empower people to live healthier and more fulfilling lives.

What sets us apart is our deep-rooted commitment to understanding the needs and

requirements of the countries where we are present. Our local insight and

competence enable us to understand the specific needs of each country where we

operate and ultimately to gain market access. This makes us a preferred partner

for international companies expanding their footprint across the Nordics and

Benelux regions, through either in-licensing or out-licensing. Navamedic has

been listed on the Oslo Stock Exchange since 2006 (ticker: NAVA) and is

headquartered in Oslo, Norway.

For more information, please visit Navamedic.com.

This information is subject to the disclosure requirements pursuant to section 5

-12 of the Norwegian Securities Trading Act.