01.06.2015 07:30:44
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Oriola-KD and Orion renew their cooperation agreement in Finland
Oriola-KD Corporation Stock Exchange Release 1 June 2015 at 8.30 a.m.
Oriola-KD and Orion renew their cooperation agreement in Finland
Oriola-KD Corporation's Finnish subsidiary Oriola Oy and Orion Oyj (Orion) have signed a new long-term cooperation agreement on 29 May 2015. According to the cooperation agreement, Oriola continues to be responsible for Orion's pharmaceutical warehousing and distribution and extensive selection of services in Finland.
Orion is a globally operating Finnish company developing, manufacturing and marketing human and veterinary pharmaceuticals, active pharmaceutical ingredients and diagnostic tests. Orion's wholesale of human pharmaceuticals in Finland in 2014 amounted to EUR 251 million. Orion's market share of Finnish pharmaceuticals market was 12% in 2014 (source: IMS Health). In addition, Orion is the biggest marketer of non-medicinal products in the Finnish pharmacy field and a significant marketer of veterinary pharmaceuticals.
Oriola-KD Corporation
Eero Hautaniemi
For further information, please contact:
Eero Hautaniemi
President and CEO
tel. +358 10 429 2109
eero.hautaniemi@oriola-kd.com
Distribution:
Nasdaq OMX Helsinki Ltd.Key media
Released by:
Oriola-KD CorporationCorporate Communications
Orionintie 5
FI-02200 Espoo
www.oriola-kd.com
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Oriola-KD Oyj via Globenewswire
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