Pharming wins supply contract for lactoferrin from Turkey\'s Aslan
http://www.forbes.com/afxnewslimited/feeds/afx/200 [2008-7-16]
Tag : Powder Milk
AMSTERDAM (Thomson Financial) - Pharming Group NV said on Tuesdayit signed a five-year commercialisation and supply agreement withAslan Group AS in Turkey for the distribution of food or foodsupplements containing its human lactoferrin (hlF) product.
The Dutch biotech group will supply Aslan with milk powdercontaining specified amounts of hLF, while Aslan will beresponsible for the production and design of the finished products.
Aslan acquired the exclusive distribution rights for Turkey, MiddleEast, Ukraine and Russia and will pay a transfer price for the bulkproduct which is dependent on hLF.
Pharming's production capacity of lactoferrin, which is used as aningredient in advanced nutritional products, will be increased tomeet demand.
No financial details were disclosed.
Aaron Gray-Block; tfn.amsterdam@thomson.com
agb/vs
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AMSTERDAM (Thomson Financial) - Pharming Group NV said on Tuesdayit signed a five-year commercialisation and supply agreement withAslan Group AS in Turkey for the distribution of food or foodsupplements containing its human lactoferrin (hlF) product.
The Dutch biotech group will supply Aslan with milk powdercontaining specified amounts of hLF, while Aslan will beresponsible for the production and design of the finished products.
Aslan acquired the exclusive distribution rights for Turkey, MiddleEast, Ukraine and Russia and will pay a transfer price for the bulkproduct which is dependent on hLF.
Pharming's production capacity of lactoferrin, which is used as aningredient in advanced nutritional products, will be increased tomeet demand.
No financial details were disclosed.
Aaron Gray-Block; tfn.amsterdam@thomson.com
agb/vs
COPYRIGHT
Copyright Thomson Financial News Limited 2008. All rights reserved.
The copying, republication or redistribution of Thomson FinancialNews Content, including by framing or similar means, is expresslyprohibited without the prior written consent of Thomson FinancialNews.
Neither the Subscriber nor Thomson Financial News warrants thecompleteness or accuracy of the Service or the suitability of theService as a trading aid and neither accepts any liability forlosses howsoever incurred. The content on this site, includingnews, quotes, data and other information, is provided by ThomsonFinancial News and its third party content providers for yourpersonal information only, and neither Thomson Financial News norits third party content providers shall be liable for any errors,inaccuracies or delays in content, or for any actions taken inreliance thereon.
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