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2021-11-03

PEPTONIC Medical AB: Peptonic signs contract amendment with Orion Corporation regarding the distribution of Peptonic's intimate wash in Finland

Peptonic Medical (publ) today announced that the company has signed a contract amendment with Orion Corporation in Finland. The amendment concerns Peptonic's Moisturizing V Cleanser for the Finnish market where the product will be sold under Orion's own brand Femisan®️.

Orion Corporation has been selling Peptonic's gel for the treatment of vaginal atrophy under the brand Femisan®️ Vital since spring 2019. Since Orion mainly sell through physical pharmacies, sales have been negatively impacted during the pandemic. However, Orion again sees upward trends in the market and now expands its intimate range with Peptonic's intimate wash, in Sweden sold under the name VagiVital®️ Moisturizing V Cleanser.   

  • We are of course very pleased that Orion wants to expand their collaboration with Peptonic. This is an important confirmation that our work to broaden the portfolio increases our attractiveness. More international partners are important for Peptonic's further expansion, the increased partnership with Orion gives us increased credibility in dialogues with potential partners in other markets, says Erik Sundquist, CEO of Peptonic Medical.

An initial order equivalent to ca 13,000 units has been placed by Orion and will be delivered during the first quarter 2022.

This disclosure contains information that PEPTONIC Medical AB is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014). The information was submitted for publication, through the agency of the contact person, on 03-11-2021 16:30 CET.

Erik Sundquist, CEO

Telefon: + 46 722 49 90 43

E-post: erik.sundquist@peptonicmedical.se

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