Pharmacolog terminates the partnership agreement with Codonics with immediate effect
Pharmacolog terminates the existing partnership agreement with Codonics Inc. with immediate effect due to insufficient sales performance.In December 2020, Pharmacolog AB and Codonics Inc. entered into a partnership agreement for sales and marketing of WasteLog™ for the North American market, which over time has been expanded to include sales of DrugLog™ and several regions, such as China, the Middle East region, the GCC countries and Jordan, Mexico and Canada. This agreement established minimum sales targets for the DrugLog™ and WasteLog™ products, which were not closely met for either