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Navamedic ASA Extends its Contract with Vitaflo International for Five More Years

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Robert Tavares

December 21, 2023 - 16:29 pm

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OSLO, Norway, Dec. 21, 2023 /PRNewswire/ -- Navamedic ASA (OSE: NAVA), a preco-eminent Nordic pharmaceutical firm offering high-caliber products to health institutions and drugstores, declared its renewed agreement with Vitaflo International Limited (Vitaflo International). This extension endows Navamedic with exclusive privileges to promote and disseminate Vitaflo International's medical nutrition products throughout the Nordic region for yet another five years.

The extended deal strengthens a relationship between Navamedic and Vitaflo International that has been firm since 2005. Vitaflo International's medical nutrition products form the core of Navamedic's portfolio of IEM (Inborn Errors of Metabolism) products and represent an integral part of the Hospital sector offerings.

'We are ecstatic about this contract extension with Vitaflo International, which reinforces the potency of Navamedic's promotional and distribution pipeline in the Nordic region. The medical nutrition line is a crucial piece of Navamedic's offerings to our valued customers in the Nordics, and we eagerly anticipate deepening our alliance and collaboration with Vitaflo International,' says Kathrine Gamborg Andreassen, Chief Executive Officer at Navamedic.

For additional details, please get in touch with:

Kathrine Gamborg Andreassen, CEO, Navamedic
Mobile: +47 951 78 680
E-mail: [email protected]

Lars Hjarrand, CFO, Navamedic
Mobile: +47 917 62 842
E-mail: [email protected]

A Few Words About Navamedic

Navamedic ASA serves as a comprehensive provider of top-tier health care products to hospitals and pharmacies. Combining a versatile market access platform, leading category competence, and localized knowledge, Navamedic addresses specific medical needs of patients and consumers. Navamedic operates in all Nordic countries, Baltics, Benelux, with sales representatives in the UK and Greece. Headquartered in Oslo, Norway, Navamedic is also listed on the Oslo Stock Exchange (ticker: NAVA). For additional information, you are encouraged to visit Navamedic.com.