DGAP-News: Medios AG / Key word(s): Alliance/Miscellaneous
Strategic partner purchases equity stake in Medios AG
- Pharmaceutical wholesaler Cranach Pharma GmbH purchases 500,000 Medios shares, around four percent of the share capital
- Transaction strengthens partnership and lays the foundation for further synergies in the Specialty Pharma business
Berlin, 17 August 2017 - Cranach Pharma GmbH, a strategic partner of Medios AG and a pharmaceutical wholesaler from Hamburg, has purchased 500,000 shares in Medios AG. That corresponds to around four percent of the share capital of Medios AG, which has a total of 12,421,836 shares. The shares were purchased at the current price of EUR 9.75 each and originate from the holdings of Manfred Schneider, the founder and CEO of Medios AG.
Manfred Schneider, CEO of Medios AG: "The purchase of the Medios shares by Cranach Pharma strengthens our successful strategic partnership and lays the foundation for further synergies in the Specialty Pharma business. Cranach Pharma supplies pharmaceuticals to speciality pharmacies throughout Germany. Together with Cranach Pharma, we have a relevant share in the fields of neurology, rheumatism, multiple sclerosis, HIV, oncology and ophthalmology."
In the future, an intensive knowledge transfer is intended to accelerate the development of certain business areas. While in this respect Medios brings know-how in the field of oncology and HIV in particular, Cranach Pharma will contribute its expertise mainly in the fields of neurology, immunology, haemophilia and endocrinology.
About Medios AG
With our subsidiaries Medios Pharma, Medios Manufaktur and Medios Digital we connect individual market players to form cooperating partners. Our goal is to provide partners and customers with integrated solutions along the value chain, ensuring optimal patient care.
Medios AG is Germany's first listed Specialty Pharma company. The share (WKN: A1MMCC, ISIN: DE000A1MMCC8) is listed in the Regulated Market of the Frankfurt Stock Exchange (General Standard).
|Phone:||+49 30 232 566 - 800|
|Fax:||030 / 8321 8377|
|Listed:||Regulated Market in Frankfurt (General Standard), Hamburg; Regulated Unofficial Market in Dusseldorf|
|End of News||DGAP News Service|