[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
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English
oda_NewBusinessRelationAbstract|
New Business Relation
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Update Notification Flag
Hayır (No)
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Correction Notification Flag
Hayır (No)
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Date Of The Previous Notification About The Same Subject
-
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Postponed Notification Flag
Hayır (No)
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Announcement Content
oda_NatureOfTheOtherPartyWithWhichNewBusinessRelationWillStart|
Nature Of The Other Party With Which New Business Relation Will Start
Tedarikçi (Supplier)
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Name Surname Or Company Title Of Customer Or Supplier
Recordati Group Companies
oda_IfExistsShareOfCustomerOrSupplierInNetSalesOrCostOfGoodsSoldOnLatestDisclosedProfitOrLossAndOtherComprehensiveIncomeStatementOfCompany|
If Exists Share Of Customer Or Supplier In Net Sales Or Cost Of Goods Sold On Latest Disclosed Profit Or Loss And Other Comprehensive Income Statement Of Company
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oda_IfExistsShareOfCustomerOrSupplierInTradeReceivablesOrDebtsOnLatestDisclosedStatementofFinancialPositionOfCompany|
If Exists Share Of Customer Or Supplier In Trade Receivables Or Debts On Latest Disclosed Statement of Financial Position Of Company
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oda_ExpectedStartingDateOfNewBusinessRelation|
Expected Starting Date O fNew Business Relation
01/03/2024
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If Exist Significant Provisions Of The Contract
Detailed below
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Impact Of New Business Relation On Company Activities
Positive impact is expected
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Explanations
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-Unofficial Translation-

Exclusive Distribution agreement signed between Gen İlaç ve Sağlık Ürünleri Sanayi ve Ticaret A.Ş. ("GEN") and Recordati Group companies EUSA Pharma (UK) Limited, Recordati Rare Diseases, Recordati AG Rare Diseases Branch ve Recofarma İlaç ve Hammaddeleri Sanayi ve Ticaret Limited Şirketi effective from 01 March 2024. Agreement will be effective until 01 March 2028 according to the renewal terms.

With this agreement, in addition to the Qarziba which belongs to the EUSA Pharma (UK) Limited, GEN exclusively authorized to the import and sales and distribution in Türkiye drugs named as Cosmegen, Cystadane, Cystadrops, Cytagon, Normosang, Isturisa, Carbaglu, Signifor. GEN became exclusive and only authorized distributor for these drugs.

As a result, in addition to the Qarziba new 8 drugs are included to the our company's drug portfolio.

This Agreement's and listed drugs' contribution to the our Company's total sales in 2024 is expected over TL 500.000.000,00 (Five Hundred Million Turkish Liras).