RGT 6.90% 31.0¢ argent biopharma limited

Ann: First European Distribution Deal Signed for API Products, page-3

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    First Exclusive European Distribution Deal for MXC Phytocannabiniods API Products

    • MGC Pharmaceuticals has signed its first exclusive distribution deal with leading laboratory supplier, Mikro+Polo

    • The Company will be the exclusive supplier of Phytocannabinoids Active Pharmaceutical Ingredients (APIs) to all Mikro+Polo customers across Slovenia, Croatia and Bosnia

    • Mikro+Polo is the largest Slovenian supplier of laboratory accessories, equipment, chemicals, and diagnostics and has an established Government customer base

    • MXC’s API price will be based on the underlying market price for Phytocannabinoids API, currently over €60/gram, with emerging market demand already strong

    • Represents the first Pharma distribution deal for MGC Pharmaceuticals in Europe and positions it strongly as a leading biopharma medicinal cannabis company
 
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