Ad-hoc | 3 May 2006 19:46
Biotest AG:Biotest and Sanquin plan a strategic alliance in plasma products
Ad hoc announcement transmitted by DGAP – a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Biotest and Sanquin plan a strategic alliance in plasma products
Amsterdam/ Dreieich, 3 May 2006.
Collaborating successfully for over 20 years already, Biotest AG, Dreieich,
Germany and the Sanquin Blood Supply Foundation (“Sanquin”), Amsterdam, The
Netherlands now plan to pool their activities in the area of producing and
developing plasma products.
Parties have agreed to enter into discussions preparing a joint-business
plan for their plasma product manufacturing activities.
If the outcome of the negotiations is positive, Sanquin will integrate the
manufacturing activities of its Plasma Products Division into Biotest
Pharma GmbH, currently a subsidiary of Biotest AG, with Sanquin receiving a
share in this company in return. Following the possible transaction, the
Biotest Group will own a majority shareholding in Biotest Pharma GmbH and
the company will be included in the Group’s scope of consolidation. Biotest
and Sanquin will continue to operate independently in the sales of
pharmaceutical plasma products. The other business segments of Biotest will
not be part of the deal. Likewise, the activities of Sanquin securing
self-sufficiency in The Netherlands for (cellular) blood components and
plasma products will not be affected.
According to current plans the joint venture will be managed by a joint
management team of Biotest and Sanquin. By combining their activities in
plasma protein manufacturing, Biotest and Sanquin anticipate substantial
synergy effects through streamlining the entire product range, accelerating
research and development projects, optimising production and procurement
procedures and reducing the volume of investment. The joint-venture can
expect to process more than one million litres of plasma, and will be at
level with the other major global manufacturers of plasma products.
Biotest AG: Dr. Michael Ramroth, Tel. +49 6103 801-338
Fax: +49 6103 801-347, e-mail: michael.ramroth @biotest.de
Biotest AG, Landsteinerstr. 5, D-63303 Dreieich, www.biotest.de
(c)DGAP 03.05.2006
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language: English
emitter: Biotest AG
Landsteinerstr. 5
63303 Dreieich Deutschland
phone: +49 – 6103 / 801 – 0
fax: +49 – 6103 / 801 – 150
email: mail@biotest.de
WWW: www.biotest.de
ISIN: DE0005227201, DE0005227235
WKN: 522720, 522723
indexes:
stockmarkets: Amtlicher Markt in Frankfurt (Prime Standard); Freiverkehr in
Berlin-Bremen, Düsseldorf, Hamburg, Stuttgart
End of News DGAP News-Service
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