CMQ 0.00% 8.3¢ chemeq limited

chemeq distribution agreement in asia

  1. 4,756 Posts.
    Chemeq secures distribution agreement in Asia
    09:15, Thursday, 25 November 2004

    Sydney - Thursday - Nov 25: (RWE Australian Business News) -
    Veterinary drug producer Chemeq Ltd has secured the third international
    distribution agreement for its polymeric antimicrobial.

    The agreement is with Pahang Pharmacy, a major supplier of
    pharmaceutical products to the pig and poultry market in Malaysia, and
    will run for an initial period of three years.

    The Malaysian agreement follows similar arrangements with
    distributors in South Africa and New Zealand.

    Chemeq says the latest deal is significant because it represents
    support for the product by a leading distributor of animal health drugs
    in the competitive Asian market.

    Shares in Chemeq fell 4c to $1.98 yesterday.

    ENDS

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