Issue: March 2017, Posted Date: 3/15/2017
ABITEC Corporation & IMCD Announce Specialty Lipid Distribution Agreement
conglomerate announces new partnership to distribute specialty lipids into the
pharmaceutical and nutritional markets in Asia and South America.
Corporation has executed a multi-year agreement with distribution partner IMCD,
to promote and sell its specialty lipid products into the Brazil, China, India,
and Taiwan markets. The arrangement strengthens an already existing
relationship between the two companies and aims to fulfill market innovation
and customer demand requirements for ABITEC’s functional lipid products in
these new locales.
Director of Pharmaceuticals Americas-IMCD, notes, “The expansion of our
relationship with ABITEC is an excellent fit with our business as we continue
to align with world class suppliers of pharmaceutical ingredients on a
multi-regional basis. We recognize ABITEC’s portfolio of unique lipids as being
a vital ingredient to provide our customers with formulation solutions, particularly
with poorly soluble APIs.”
Kelemen, Head of Corporate Development-ABITEC states "ABITEC's
relationship with IMCD has quickly transitioned into an effective and mutually
beneficial partnership centered on trust, a shared common vision and commercial
growth. In addition to having access to their global teams of highly trained
scientists, IMCD provides ABITEC with an understanding of local market
dynamics. Together, this agreement will allow both companies to expand our
presence in markets of growing world economies and will greatly assist regional
and multinational pharmaceutical and nutritional companies to develop products
of the highest quality for their customers."
specialty lipids include CAPMUL®, CAPTEX®, CAPROL®,
ACCONON®, NUTRI SPERSE® and PURECO® and can be
used for a variety of applications, including pharmaceutical, nutritional and
cosmetic products, as well as in the manufacturing of foams, creams, ointments
information, please contact:
Manager: Marketing Research and Communications
614-429-6453 | email@example.com
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