Brief: ArcticZymes Signs Supply Agreement In Japan

Arcticzymes Technologies ASA

13/12/2018 14:59

Dec 13 (Reuters) - Biotec Pharmacon ASA  BIOTEC.OL :
    * ARCTICZYMES SIGNS NEW SUPPLY AGREEMENT FOR ENZYME, COD UNG
    * SUBSIDIARY ARCTICZYMES HAS SIGNED A SUPPLY AGREEMENT WITH
A
MAJOR JAPANESE COMPANY FOR ITS PRODUCT COD UNG
    * ANTICIPATES DEAL TO BE WORTH APPROXIMATELY 1 MILLION NOK
OF
REVENUE IN 2019
    * DEAL WITH A POTENTIAL RECURRING REVENUE STREAM OF 1-3
MILLION
NOK EACH SUBSEQUENT YEAR

Source text for Eikon:  ID:nWkr6mdC14 
Further company coverage:  BIOTEC.OL 

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