Pharming wins supply contract for lactoferrin from Turkey\'s Aslan

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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